XOOMAR
Crypto trading desk showing a red selloff chart breaking support with generic digital coins
TradingJune 10, 2026· 5 min read· By XOOMAR Insights Team

109.9M XRP Selloff Shatters $1.13, Puts $1.10 In Play

Share
Updated on June 11, 2026

XRP lost the $1.13 support area on a volume spike of 109.9 million XRP, turning a routine pullback into a sharper technical break.

XOOMAR Intelligence

Analyst Take

58/ 100
Moderate
4 sources analyzedLow confidenceTrend10Freshness98Source Trust88Factual Grounding93Signal Cluster20

The token fell from $1.1505 to $1.1248 during the 24-hour session, losing more than 4% amid a broad crypto selloff, according to CoinDesk. The key damage came after sellers pushed XRP below $1.13, a level that now flips from support into the first resistance line on any rebound attempt.

XRP slides 4.5% as sellers force a break below $1.13 support

The selloff pushed XRP back toward the $1.10 to $1.12 zone, where traders are now looking for proof that XRP can defend $1.10. CoinDesk reported that XRP later tested support near $1.1240 before stabilizing into the close as selling momentum began to fade.

That fade matters, but it doesn't repair the break. The immediate problem for bulls is simple: XRP lost the level it needed to hold, and the move happened on activity that was more than double the daily average.

“XRP keeps finding buyers near major support, but it keeps losing support anyway.”

That line captures the current setup. Buyers are appearing near important levels, but each defense is happening lower on the chart.

Several analysts had flagged the $1.09 area as a major Fibonacci support level that XRP had been approaching for months. The token is now close enough to that area for traders to treat the next sessions as a direct test of whether support is real or just another pause before lower prices.

The broader structure is still weak. XRP remains below its 100-day and 200-day moving averages, and CoinDesk said it continues to trade inside a descending channel. That keeps the burden on buyers, not sellers.


Heavy XRP volume points to forced selling, not a quiet pullback

Volume is the part of this move traders can't ignore. A break below support on thin activity can be dismissed as noise. A break on 109.9 million XRP traded carries more weight.

CoinDesk described the surge as suggesting “active liquidation and repositioning rather than passive weakness.” That distinction matters. Passive weakness drifts. Liquidation and repositioning reset exposure quickly, often around levels that chart-focused traders have been watching for weeks.

The volume spike also appears to have cooled quickly. CoinDesk said trading activity surged during the selloff before normalizing, which leaves two competing readings on the table.

  • Washout case: The heavy burst of selling may have cleared out weak positioning near support.
  • Breakdown case: The loss of $1.13 may mark the start of a cleaner move into the next lower support band.
  • Neutral signal: Fading selling momentum into the close shows pressure eased, but not enough to confirm a durable turn.

That makes this less about the size of the one-day move and more about follow-through. XRP has to reclaim broken support quickly, or the chart keeps rewarding sellers for leaning against each bounce.

For readers tracking volume-driven breaks across crypto and macro markets, XOOMAR’s recent analysis of how a rate-hike bet crushed Bitcoin, gold, and every hedge offers broader context on why high-volume moves can spread pressure across assets. XRP’s own chart, though, has enough damage on its own.

Traders using technical screens will also focus on how volume behaved around the broken level. Our guide to charting tools for volume profile that reveal traps is relevant here because XRP’s latest move is exactly the kind of support break where volume confirmation changes the interpretation.

$1.00 becomes the key XRP downside target after the support failure

The next major downside area in focus is $1.00. CoinDesk said a decisive break below the $1.10 to $1.12 support zone would increase the risk of a move toward that level, with a deeper risk zone at $0.80 to $0.90.

That doesn't mean XRP goes there automatically. It means the chart has lost one layer of support, and the next layer now has to absorb the pressure.

The near-term map is tight:

XRP level Why traders care
$1.10 to $1.12 Current support zone buyers need to defend
$1.13 Broken support, now first resistance
$1.20 Next upside level if XRP reclaims $1.13
$1.35 to $1.40 Larger resistance zone where previous recovery attempts failed
$1.00 Main downside risk if support breaks
$0.80 to $0.90 Deeper risk area if selling extends

The first upside test is not ambitious. Bulls need XRP back above $1.13 just to ease immediate downside pressure. After that, attention moves to $1.20, then the heavier $1.35 to $1.40 zone.

Until that happens, rallies risk looking like rebounds inside a downtrend. The token remains below the major moving averages longer-term traders monitor, which keeps the larger structure bearish even if a short relief rally develops.

Momentum indicators are the one counterweight. CoinDesk said daily RSI readings are nearing levels that have historically preceded at least short-term relief rallies. That gives bulls a possible opening, but oversold conditions are not the same as a reversal.


XRP traders need confirmation before calling a washout bottom

The clean bullish signal would be a fast push back through $1.13, followed by stabilization above that level. A higher low above the $1.10 to $1.12 zone would strengthen the case that the heavy selling was a washout rather than the start of a larger leg down.

The bearish signal is just as clear. Repeated failures near $1.13, another rise in sell volume, or a decisive break of the current support zone would keep pressure pointed toward $1.00.

This is the prove-it zone for XRP. Buyers don't need a dramatic rally yet, but they do need to stop losing levels. The next reaction around $1.13 will likely decide whether this support break fades into a short-term shakeout or becomes the setup for a deeper test lower.


Disclaimer: This XOOMAR analysis is for informational and educational purposes only. It is not financial, investment, legal, tax, or professional advice. It does not provide buy, sell, hold, price-target, portfolio, or personalized recommendations. Verify information independently and consult qualified professionals before making decisions.

The Bottom Line

  • XRP’s break below $1.13 turns a former support level into near-term resistance.
  • The 109.9 million XRP volume spike suggests the move was driven by heavy selling pressure.
  • Traders are now watching the $1.10 to $1.12 zone and the $1.09 Fibonacci level for the next support test.

XRP 24-hour price move

Start price
$1.151
Broken support
$1.13
End price
$1.125

Disclaimer: Content on XOOMAR is produced using AI-assisted research, drafting, and verification workflows and is intended for informational and educational purposes only. It does not constitute financial, investment, legal, tax, medical, or professional advice of any kind. All analysis reflects available information at the time of publication and may not be current. Verify information independently and consult qualified professionals before making decisions. Editorial policy

XOOMAR

Written by

XOOMAR Insights Team

Research and Editorial Desk

The XOOMAR Insights Team pairs automated research with human editorial judgment. We track hundreds of sources across technology, fintech, trading, SaaS, and cybersecurity, cross-check the facts, and explain what happened, why it matters, and what to watch next. We do not just rewrite headlines. Every article is fact-checked and scored for reliability before it goes live, and we link back to the original sources so you can verify anything yourself.

Related Articles

Bitcoin market rally visualized on a tense trading desk before a central bank decisionTrading

Bitcoin Fed Decision Traps $64K Rally in Rate Crossfire

Bitcoin reclaimed $64,000 before the Fed decision, but the rally is leaning into the risk event rather than celebrating after it.

Jul 29, 20264 min
Crypto trading floor with market charts showing a shallow pullback in dogecoin and ether.Trading

Dogecoin and Ether Stumble as Crypto's Rally Gets Tested

Dogecoin and ether led a shallow crypto pullback, but weekly gains held as traders looked ahead to the Fed.

Jul 24, 20267 min
Crypto trading desk with falling market charts and a hardware wallet under cyberattack atmosphereTrading

Coldcard Exploit Rattles Bitcoin’s Cold-Storage Faith

A $114M Coldcard exploit dented bitcoin and ether, but the real risk is fading faith in crypto cold storage.

Aug 3, 20267 min
Crypto traders analyze perpetual futures charts with visualized funding-rate risk on a modern trading floor.Trading

Crypto Perps Swallow $200 Billion as Funding Bites

Crypto perps dominate with $200B-plus daily volume, but funding rates are the hidden cost that can flip a winning trade.

Aug 1, 20269 min
Crypto trading desk with rising market charts and fading selloff signals, suggesting exhausted forced selling.Trading

Bitcoin July Gain Exposes a Market Drained of Sellers

Bitcoin’s 7.5% July rise looks less like fresh demand and more like a market where forced sellers were already cleaned out.

Aug 1, 20269 min
Hand holding smartphone displaying digital wallet app interface, blurred monitor in background.Fintech

Ethereum Investors Lose Big In Stealth Market Split

Ethereum's entire network is underwater, with ETH trading 22% below its average cost basis, while XRP's largest holders are calmly buying up the token's steep p

Aug 6, 20267 min
Close-up of a hand holding US dollar bills and a smartphone outdoors, showcasing financial technology.Fintech

Mystery Deadline Hangs Over Landmark Crypto Bill

A landmark crypto regulation bill faces a silent, last-minute deadline in the U.S. Senate, with a critical ethics provision targeting presidential profits holdi

Aug 6, 20267 min
Young team discussing project on laptop in cozy office setting.Technology

TechCrunch Dangles $400 Discount as Disrupt Loyalty Test

TechCrunch's $400 flash sale for Disrupt 2026 is a high-pressure tactic to lock in founders and investors early, testing their confidence in the event's future

Aug 6, 20266 min
Close-up of DeepSeek AI interface on a dark screen highlighting chat functionality.Technology

DeepSeek Demands $8bn as China's AI Plays Catch-Up

DeepSeek is pushing to close an $8 billion funding round at a $74 billion valuation, a massive jump just weeks after its last raise, underscoring China's aggres

Aug 6, 20264 min
A vibrant globe highlighting Indonesia and surrounding countries in Southeast Asia and Australia.Global Trends

Watch Every NFL Preseason Game Free Legally

A complete guide to legally watching the entire 2026 NFL preseason for free using official trials, the DAZN platform, and VPNs, covering every game without a ca

Aug 6, 20266 min

Don't miss the signal

Get our weekly roundup of the stories that matter across tech, fintech, and trading. No noise, just signal.

Free forever. No spam. Unsubscribe anytime.