XRP Analysis Sees ‘Bear Trap’ as Price Faces June Test

Jun 2, 2026 - 16:00
XRP Analysis Sees ‘Bear Trap’ as Price Faces June Test
XRP (XRP) dropped to $1.25 on Tuesday after a market-wide sell-off, erasing all the gains made since early February.  Key takeaways: XRP fell to $1.25 after a broader market sell-off, testing a long-term trend line and the 50-month exponential moving average support area. Support weakness has traders looking at $1 and under next, while optimists...

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