XRP opened June with its largest decline in three months. The long-held $1.20 support band, which acted as a reliable floor for months, has been breached and the price is now trading around $1.11. The RSI sits at its lowest level since the capitulation in February, and the next significant support lies roughly $0.30 lower. This movement does not resemble a simple pullback from resistance; it appears to be a breakdown of the last defensive level.
Ripple Price Analysis: The USDT Pair
On the USDT chart, the $1.20 support band that withstood the February crash and remained intact until now is on the verge of flipping. The RSI has plunged to roughly the 20–25 range, approaching the oversold extreme seen at February’s bottom. Historically, RSI readings in this area have often preceded at least a sharp relief bounce even within a larger downtrend, so the indicator deserves attention.
That said, an oversold RSI does not automatically confirm a new floor. The $1.20 level is likely to become resistance, and any recovery attempt will need to reclaim that area with sustained closes above it to suggest the breakdown is reversing rather than merely pausing.
Under the current price, the next structural reference is the $0.80 demand zone, which also aligns with the lower boundary of the descending channel. This confluence makes it a meaningful area of support, but it remains significantly lower than where price trades today. Meanwhile, moving averages that were previously supportive are now overhead: the 100-day moving average sits at about $1.35 and the 200-day moving average around $1.60. This leaves XRP with stacked resistance above and relatively thin structural support beneath on the USDT-paired chart.
The BTC Pair
The BTC pair presents a more resilient picture. XRP/BTC is trading near 1,800 sats and is holding above recent lows around 1,740 sats. The RSI, which rallied to about 70 at the end of May in what appeared to be a meaningful momentum shift, has since retreated to roughly 50, indicating that the earlier strength didn’t translate into sustained follow-through buying.
Price remains below short-term resistance at 1,850 sats after another rejection at that level. The declining 100-day moving average, near 1,900 sats, acts as immediate dynamic overhead resistance. The fact that the BTC ratio has held while the USDT pair broke down suggests a portion of XRP’s dollar weakness stems from broader altcoin selling in fiat terms rather than a deterioration in XRP’s performance versus Bitcoin.
A confirmed close below 1,740 sats on the BTC pair — especially if it happens alongside continued weakness in the USDT pair — would represent a clear breakdown on both pairs. That scenario would expose the 1,500 sats area as the next important reference level below.