BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

XRP Crypto Drops 66% From Peak – Here Is Why Analysts Are Watching Key Support Zones

Gary Ponce by Gary Ponce
June 1, 2026
in CRYPTO, FINANCE, OPINION, RIPPLE XRP
Share on XShare in TelegramShare on Reddit
  • XRP has fallen roughly 66% from its recent peak and recently touched a 15-week low near $1.27.
  • Analysts are closely watching the $1.10 to $1.30 range as a potential accumulation zone for long-term investors.
  • Long-term price targets of $5, $10, and $15 remain in focus despite ongoing market volatility and downside risks.

XRP has found itself back in the spotlight after a steep correction pushed the token down roughly 66% from its recent high. The decline has forced traders and investors to revisit important support levels, looking for clues about where the market might stabilize next.

The recent selloff sent XRP to a 15-week low near $1.27, a level that has quickly become a major talking point across the crypto community. While volatility continues to dominate broader digital asset markets, some analysts believe the current pullback could be creating opportunities for patient investors willing to think beyond the short term.

Sharp corrections like this are nothing new in crypto. In fact, many of the market’s strongest rallies have historically been preceded by painful retracements that shook out weaker hands before the trend eventually resumed.

Ripple XRP

Analysts Identify a Key XRP Accumulation Zone

According to the latest technical analysis, the area between $1.10 and $1.30 may serve as an important accumulation range for XRP. This zone sits close to the recent low and could attract buyers who believe the majority of the correction has already played out.

Rather than entering aggressively at a single price point, the analyst suggested a gradual accumulation strategy. That’s a fairly common approach during uncertain market conditions because it allows investors to reduce risk while building exposure over time.

Support zones often become battlegrounds between buyers and sellers. If demand begins to increase around these levels, XRP could establish a foundation for recovery. If not, the market may continue searching for lower prices before finding stronger support.

Lower Levels Could Come Into Play if Selling Continues

While some traders are focusing on the current support range, others are preparing for a deeper correction. The analysis highlights an additional demand zone between $0.65 and $0.85 should XRP fail to hold above current levels.

That scenario isn’t necessarily the most likely outcome, but experienced traders rarely rely on a single forecast. Instead, they map out multiple possibilities and adjust as market conditions evolve.

Having alternative support levels in mind helps remove emotion from trading decisions. Crypto markets can move fast, sometimes much faster than expected, and preparation often matters more than prediction. It’s one of those lessons investors tend to learn the hard way.

Ripple

Long-Term XRP Targets Remain Ambitious

Despite the recent weakness, the analyst remains optimistic about XRP’s longer-term potential. Future price targets of $5, $10, and even $15 were outlined based on historical market structures and previous cycle behavior.

These projections are not guarantees, of course. They represent potential scenarios that could unfold if XRP follows patterns similar to those seen in earlier bull markets. Analysts frequently use past price cycles as reference points when estimating future upside, though market conditions are never exactly the same.

One example cited in the analysis was a previous accumulation phase that eventually led to an impressive 835% rally. That historical move is helping fuel speculation that another major advance could emerge once the current correction finally runs its course.

XRP Investors Balance Opportunity and Risk

For now, XRP remains caught between short-term uncertainty and long-term optimism. The 66% correction has undoubtedly damaged sentiment, but it has also pushed the asset into technical zones that many investors consider worth monitoring.

Whether the current support range holds or a deeper retracement unfolds, traders are likely to remain focused on price behavior around these key levels. At the same time, broader crypto market conditions, economic developments, and investor sentiment will continue influencing XRP’s next major move.

The coming weeks could prove important. If buyers begin stepping in near current support, confidence may gradually return. If not, lower accumulation zones could become the next area where market participants start looking for value.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: AltcoinscryptoMarketsrippleTradingxrp
TweetShareShare
Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

DON'T MISS THESE! HOT OFF THE PRESS

Ethereum Crypto Eyes Recovery While ETFs Bleed – Here Is the Bullish Case to Watch
CRYPTO

Ethereum Crypto Eyes Recovery While ETFs Bleed – Here Is the Bullish Case to Watch

June 1, 2026
Bitcoin Enters Longest Correction of Current Cycle – Here Is Why History Says Don’t Panic Yet
BITCOIN

Bitcoin Enters Longest Correction of Current Cycle – Here Is Why History Says Don’t Panic Yet

June 1, 2026
Anthropic AI IPO Race Begins – Here Is Why Wall Street Is Paying Attention
FINANCE

Anthropic AI IPO Race Begins – Here Is Why Wall Street Is Paying Attention

June 1, 2026
Telegram Crypto Rebrand Revives Gram – Here Is Why TON’s Original Vision Is Back
CRYPTO

Telegram Crypto Rebrand Revives Gram – Here Is Why TON’s Original Vision Is Back

June 1, 2026
Raoul Pal Says Bitcoin Could Halve And Still Remain Bullish
BITCOIN

Raoul Pal Says Bitcoin Could Halve And Still Remain Bullish

June 1, 2026
Strategy Bitcoin Sale Sparks $15M Polymarket Battle – Here Is Why Traders Are Fighting Over The Outcome
BITCOIN

Strategy Bitcoin Sale Sparks $15M Polymarket Battle – Here Is Why Traders Are Fighting Over The Outcome

June 1, 2026
Load More

Related News

XRP Crypto Drops 66% From Peak – Here Is Why Analysts Are Watching Key Support Zones

XRP Crypto Drops 66% From Peak – Here Is Why Analysts Are Watching Key Support Zones

June 1, 2026
Ethereum Crypto Eyes Recovery While ETFs Bleed – Here Is the Bullish Case to Watch

Ethereum Crypto Eyes Recovery While ETFs Bleed – Here Is the Bullish Case to Watch

June 1, 2026
Bitcoin Enters Longest Correction of Current Cycle – Here Is Why History Says Don’t Panic Yet

Bitcoin Enters Longest Correction of Current Cycle – Here Is Why History Says Don’t Panic Yet

June 1, 2026
Anthropic AI IPO Race Begins – Here Is Why Wall Street Is Paying Attention

Anthropic AI IPO Race Begins – Here Is Why Wall Street Is Paying Attention

June 1, 2026
Telegram Crypto Rebrand Revives Gram – Here Is Why TON’s Original Vision Is Back

Telegram Crypto Rebrand Revives Gram – Here Is Why TON’s Original Vision Is Back

June 1, 2026
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews