Amid a widespread downturn in the cryptocurrency market, XRP has slid to a fresh four-month low, dipping below $1.15.
This steep decline follows a shift in ETF investor behavior and notable distributions by large holders, prompting analysts to warn that further downside may be imminent.
XRP Sell-Off
Just three weeks ago, XRP tested resistance near $1.55, and many commentators expected a breakout toward $1.80 or higher. Instead, the token experienced a decisive rejection that culminated in a sharp fall to just under $1.15. The roughly 25% correction pushed XRP to its weakest point since the early February drop, when it reached $1.11.
Beyond the general market slump—during which Bitcoin plunged toward $61,000 and Ethereum hit a 14-month low—the sell-off appears partially driven by investor exits. On-chain data cited by analyst Ali Martinez shows that whales sold or redistributed about 60 million XRP over the past week, a flow that typically intensifies selling pressure on the asset.
60 million ripple:native have been sold or redistributed by whales over the past week, according to data from @SantimentData. https://t.co/3GNi2QH3Oz pic.twitter.com/SDADJF7HFE
— Ali Charts (@alicharts) June 3, 2026
US spot ETF activity also shifted. After more than a month of inflows or days with no reportable activity, June 3 recorded a net outflow exceeding $5 million, according to SoSoValue data, signaling a change in ETF investors’ appetite for XRP exposure.
What’s Next?
Market analyst CasiTrades recently commented that XRP is “breaking below a very important support level,” and warned that the outlook could worsen. Her forecast outlines a sequence of moves that would push the price below $1.00:
Projected path:
➡️ A sharp decline toward approximately $0.92
➡️ A relief bounce back toward roughly $1.20, which would likely act as resistance
➡️ A final leg down toward about $0.87
That said, a decisive rebound that reclaims the $1.30 level would invalidate the forecasted drop below $1.00 and signal a more bullish scenario.
🚨 The Crypto Move We’ve Been Waiting 4 Months For?!🚨
The crypto market is finally starting to see some selling pressure come through, and XRP is breaking below a very important support level.
I’ve been watching for subwaves to develop so we could get a better idea of whether… pic.twitter.com/6QYURpGFQk
— CasiTrades 🔥 (@CasiTrades) June 4, 2026