Key facts
- XRP is trading near $1.09, testing support levels.
- Selling pressure is keeping the token near recent lows.
- Weak momentum and bearish technical signals favor further downside.
XRP is currently testing support levels near $1.09. Persistent selling pressure is keeping the cryptocurrency pinned near its recent lows. Indicators of weak momentum and bearish technical signals suggest that the downside risk remains elevated. At 10:14 a.m. ET on June 5, XRP was trading at $1.110, extending its downtrend as sellers maintain control of the market.