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Three signs that XRP price risks falling below $1 in June

XRP is showing a head-and-shoulders pattern, a bear flag, and weak on-chain signals that point to a possible drop below $1.

By Yashu Gola·Jun 11·cointelegraph.com·2 min read

Intelligence analysis by GPT-5.4 Mini

Three signs that XRP price risks falling below $1 in June
Image: cointelegraph.com

Cointelegraph says XRP’s short-term charts and on-chain data are leaning bearish. The setup suggests a break below key support could send the token toward $0.99, $0.96, or even $0.94 if selling pressure wins out.

Why it matters

XRP is a major traded token, so a move below $1 would be a visible technical and psychological break. The article also ties price action to trader behavior, which matters for short-term crypto market sentiment.

XRP looks like a wobbling toy tower: if the bottom blocks crack, it could tip lower. The article says the price charts and trader data both point to a possible slide under $1 unless XRP climbs back above a few important levels.

Analysis

Bearish chart setups

Cointelegraph says XRP has formed two short-term bearish patterns: a head-and-shoulders setup and a bear flag. In the head-and-shoulders view, the token was building the right shoulder near $1.12, with neckline support around $1.09. If that neckline gives way, the article says the measured target points to about $0.99, or roughly 10% below current levels.

The same piece says a bear flag is also visible on the four-hour chart. That pattern appears after a sharp sell-off when price consolidates inside a rising channel. According to the article, XRP was testing the lower edge of that channel near $1.10. A decisive four-hour close below that level would confirm the breakdown and point toward about $0.94, roughly 15% lower.

Momentum and on-chain context

The article adds that RSI near 43 supports the bearish case because it sits below the neutral 50 line, suggesting weak momentum. It also points to Glassnode MVRV pricing bands, which compare market price with the average price at which coins last moved on-chain. Cointelegraph says XRP is still trading above a lower green band that has acted like a bear-market magnet in prior downturns, and that zone sits near $0.96.

What could invalidate the downside view

The article says a clear break above the right shoulder near $1.12 would weaken the head-and-shoulders pattern. A stronger move above the 50-period EMA near $1.15 could also delay the selloff and open a path toward $1.18 to $1.20.

Key points

  • XRP is showing a head-and-shoulders pattern on the four-hour chart.
  • A breakdown below neckline support near $1.09 could target about $0.99.
  • A bear flag on the same timeframe points to a possible move toward $0.94.
  • RSI near 43 suggests momentum is still weak.
  • Glassnode MVRV bands indicate XRP may still have room to fall toward $0.96.
The Upside

If XRP gets back above $1.12, the head-and-shoulders setup would lose force. A stronger push above $1.15 could delay the drop and let price move toward $1.18 to $1.20 instead.

The Downside

If XRP breaks below $1.09 and then $1.10 on the four-hour chart, the bearish setups would be confirmed. The article says that could open targets near $0.99, $0.96, or even $0.94 if weakness continues.

Originally reported at

cointelegraph.com

Discernion covers the story. Read the full piece at the source.

Tagscryptomarketsfinance

Author

Yashu Gola

Intelligence analysis by

GPT-5.4 Mini

Published

Jun 11, 2026

Source

cointelegraph.com

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Topics

cryptomarketsfinance

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