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Crypto

XRP outlook for rest of June shows warning lights over risk of falling below $1

Technical signals are building that XRP could slip below $1 for the rest of June. Cointelegraph reported that head-and-shoulders and bear-flag patterns have formed on short-term charts, while the MVRV price band suggests room for further declines. A break below about $1.09 could target $0.99, and a bear-flag breakdown could point to $0.94. Resistance near $1.12 could weaken bearish signals if reclaimed.

Crypto

XRP slide puts $0.94 support in focus

XRP slipped below its February low before rebounding around $1.05, but some analysts say the decline may not be over. XRP recovered to $1.11 after hitting a weekly low, while a key weekly support level at $0.94 has yet to be tested. TradingView analyst Duke pointed to a lower-high structure, continued pressure below the 21-week EMA and liquidity concentrated near $1.05. He said a move toward $0.94 could imply about a 20 percent additional drop from $1.17.

Crypto

Bitcoin weak even as U.S. stocks rise, resembling 2018 and 2022 bear markets

Bitcoin is again facing downward pressure ahead of the release of U.S. inflation data. It slid about 1.2 percent on June 9 as Wall Street opened and moved toward lows in the $62,000 range, while U.S. stock indexes opened higher. Some traders said a break above $65,000 would signal a shift higher, but others said the move resembles past bear markets after Bitcoin fell below key technical levels.