, XRP futures Open Interest (OI) stood at approximately $2.43 billion on Thursday.<\/span><\/p>\nA falling Open Interest environment typically signals reduced speculative activity and limited conviction among short-term market participants.<\/span><\/p>\nXRP price analysis: Recovery attempt faces major resistance<\/h2>\n
XRP is currently trading around $1.10, but the broader technical picture remains bearish.<\/span><\/p>\nThe token continues to trade below several major trend indicators. Remaining below all three moving averages suggests that the longer-term downtrend remains intact.<\/span><\/p>\nTechnical momentum indicators suggest selling pressure is easing, but not yet reversing.<\/span><\/p>\nThe RSI is hovering near 44, indicating weak demand while remaining just above oversold territory.<\/span><\/p>\nThe Moving Average Convergence Divergence (MACD) histogram remains in negative territory, signaling that bearish momentum continues to dominate despite the recent bounce.<\/span><\/p>\nIf the bulls regain control, XRP could surge towards the 50-day EMA at $1.30, with additional hurdles at $1.40 and $1.61.\u00a0<\/span><\/p>\nA break above $1.26 would be the first sign that bullish momentum is beginning to strengthen.<\/span><\/p>\nHowever, if the bearish trend persists, XRP could retest the $1.05 support level before dropping below $1.0 to test lower demand zones at $0.95<\/span><\/p>\n![\"XRP\/USD](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/06\/XRPUSD_2026-06-11_15-44-26.png\")
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XRP\u2019s latest rebound is being supported by steady ETF inflows and growing institutional interest. However, declining futures activity, persistent geopolitical uncertainty, and a bearish technical structure suggest that the recovery remains tentative.<\/span><\/p>\n\n
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Key takeaways XRP continues to consolidate around the $1.10 mark. The bulls are holding the price above the $1.05 support level. Ripple\u2019s XRP is trading lower on Thursday, staying around $1.10 as the token attempted to reverse a downtrend that has persisted since mid-May.\u00a0 The downtrend comes as institutional demand for XRP-linked investment products continues […]<\/p>\n","protected":false},"author":2,"featured_media":430387,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-430386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/430386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=430386"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/430386\/revisions"}],"predecessor-version":[{"id":430390,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/430386\/revisions\/430390"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/430387"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=430386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=430386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=430386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}