XRP price has stabilized near $1.14 after a sharp weekly selloff, but analyst warnings and weak technical structure suggest the token could still revisit $0.90 before forming a durable bottom.
Summary
- Analyst Ali Martinez says XRP could fall to $0.90 before finding a bottom.
- Bearish chart patterns and liquidation clusters keep downside risks in focus.
- XRPL attracted $1.5 billion in RWA inflows, supporting long-term fundamentals.
According to data from crypto.news, XRP (XRP) price traded near $1.14 on June 8 after plunging from around $1.45 at the start of the month and briefly testing support near $1.10 during the recent market-wide selloff.
XRP token has spent the past two sessions consolidating between roughly $1.10 and $1.15 as traders assessed the impact of macroeconomic headwinds, rising geopolitical tensions, and a liquidation-driven decline that pushed several momentum indicators into oversold territory.
XRP price stabilized despite crypto market sentiment remaining fragile following Bitcoin’s (BTC) drop toward the $60,000 area, persistent spot Bitcoin ETF outflows, and a stronger U.S. dollar after hotter-than-expected labor market data reduced expectations for Federal Reserve rate cuts.
XRP faces pressure from macro shocks and oil-led inflation risks
Risk appetite weakened further after WTI crude futures jumped more than 4% above $94 per barrel on June 8. The move followed renewed missile exchanges between Iran and Israel, which threatened President Donald Trump’s efforts to secure a proposed 60-day ceasefire with Tehran.
Higher oil prices added another problem for crypto traders because energy-driven inflation could make it harder for the Fed to ease policy.
Rising Treasury yields and a stronger dollar usually weigh on non-yielding assets, leaving altcoins such as XRP exposed during periods of forced deleveraging.
Bitcoin’s brief recovery toward the $62,000 to $63,000 range has helped slow the selloff, but the Crypto Fear and Greed Index remains in Extreme Fear territory. XRP’s current consolidation therefore looks more like a pause after heavy selling than a confirmed trend reversal.
XRP chart keeps $0.90 in focus as liquidation clusters build
On the weekly chart, XRP continues to trade inside a descending parallel channel that has capped price action since its 2025 peak near $3.80. The latest candle is sitting near the lower half of that structure, with immediate support around $1.13 and deeper horizontal support near $0.90.
According to crypto analyst Ali Martinez, the $0.90 region remains a key level for long-term buyers.
Momentum data supports the bearish setup. The weekly MACD remains below the zero line, with the signal line still above the MACD line, while the Aroon indicator shows Aroon Down near 92.86% and Aroon Up around 14.29%. That structure shows sellers continue to control the larger trend.
The 3-day XRP liquidation heatmap shows heavy leverage concentrated below spot price between $1.08 and $1.05, with another strong liquidity pocket near $1.04. A sweep of those levels could trigger another wave of forced selling before the market attempts a stronger rebound.
Upside liquidity is clustered around $1.17 to $1.20, meaning a short squeeze is still possible if XRP breaks above the current range. However, the token would need to reclaim $1.31 and then $1.50 to weaken the descending channel structure.
Fundamentals offer one counterweight to the bearish chart. As crypto.news reported earlier, XRP Ledger recorded around $1.5 billion in real-world asset inflows over the last 30 days, while Ethereum saw roughly $1.2 billion in outflows. XRPL’s RWA market cap also rose more than 124% in the first quarter, with tokenized assets reaching about $2.25 billion.
Ripple’s RLUSD expansion through Wormhole has also improved liquidity options across multiple networks. The stablecoin push adds to Ripple’s focus on tokenized securities, funds, and institutional assets, giving XRP a stronger fundamental story than many altcoins facing similar macro pressure.
Still, price action remains the near-term driver. A weekly close below $1.10 could expose $1.05 first, followed by the $0.90 zone highlighted by Martinez.
A recovery above $1.20 would ease immediate downside pressure, but XRP may need a break above $1.50 before traders can argue that the larger downtrend has started to fail.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
