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XRP Drops 3% After Losing $1.15 Support — Trade Idea & Price Outlook June 21, 2026

XRP Ripple cryptocurrency trade idea

XRP has fallen 3% after losing the critical $1.15 support level, with sellers pushing it back below a key demand zone that had previously attracted buyers. As of June 21, 2026, XRP is trading around $1.10–$1.12, reinforcing a downtrend that has repeatedly stalled rallies near $1.25.

XRP Market Overview

Why XRP Lost $1.15 Support

The broader crypto market selloff, driven by concerns around Strategy’s preferred stock (STRC) and leveraged liquidations across the digital credit market, pulled XRP down alongside most altcoins. Heavy selling pressure near the $1.15–$1.20 zone showed that bulls are still not in control, despite Ripple’s improving regulatory outlook.

Fundamentals Remain Strong

Despite short-term price weakness, XRP’s fundamentals are arguably stronger than ever in 2026. After the SEC dropped its appeal in the Ripple case, XRP is now viewed as a regulation-friendly altcoin. Several global markets have approved XRP ETFs, and Singapore’s central bank has been testing financial settlements on the XRP Ledger — a major real-world utility milestone.

XRP Trade Idea — June 21, 2026

Traders should wait for BTC to stabilise before entering XRP longs, as altcoin performance remains highly correlated with Bitcoin’s price action in the current market environment.

Disclaimer: This article is for informational and educational purposes only and does not constitute financial advice. Crypto investments are subject to high market risk. DYOR.

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