XRP has slid from about $1.33 in late May to around $1.18 by June 4 as selling pressure hit large-cap crypto. The key chart move was the break below the closely watched $1.30 area, followed by a drop through support near $1.25 with volume rising on the way down. That matters because support is where buyers had been absorbing selling; once it breaks, that same zone can become resistance on any bounce. In other words, XRP is no longer just drifting lower — it has lost two levels traders were watching closely. With the broader market still under pressure and XRP trading in the high-$1.10s to low-$1.20s, the failed $1.25 area may start capping rebounds.
XRP holding below that broken support — or snapping back fast — sets the tone for how deep this selloff runs.