XRP falls 17% as traders watch $1 support ahead of XRPL 3.2.0 upgrade on June 15
first published 2026-06-09T12:30:00Z
XRP dropped nearly 17% from its June 1 high to about $1.15, putting the $1.04 to $1.00 support zone in focus before the XRPL 3.2.0 upgrade on June 15. The upgrade is set to deliver performance improvements, lower memory usage, and a software rename to xrpld, but technical indicators remain weak and a break below support could expose $0.90 as the next major level.
AI Analysis
The article reports a sharp recent price decline, weak technical indicators, and the risk of a break below a key support zone, while the upgrade described is technical and not shown to have immediate demand impact.
Expected Investor Sentiment: Very Bearish
Potential Market Impact: Significant
Source Articles
- Can the XRPL upgrade stop XRP price from falling below $1? - Crypto News
- Live updates: bitcoin drifts back to $62,500, putting damper on hope for two straight up days - CoinDesk
- XRP Flashes ‘Intense Capitulation’ Signal as Holders Take Losses - Bitcoin.com
- XRP Price Prediction For June 10 - Coinpedia
- XRP Fees Collapse 91.5% as Network Demand Flashes Warning - Bitcoin.com
