XRP’s June Gamble Begins at a Decade-Long Support Line

• XRP hovers near a long-term support zone as June trading begins under heavy technical pressure.
• EGRAG Crypto notes similar setups have often preceded stabilization phases after sharp bearish sentiment spikes.
• Market focus shifts to $1.26–$1.30 support as buyers repeatedly defend this critical XRP price region.

XRP is trading close to a key technical level as the market watches its price performance going into June. The token remains below its 50-month exponential moving average and sits near a long-term support trendline, according to market analyst EGRAG Crypto.

In a post on X, the analyst said XRP started June below both indicators. He added that similar setups in past market cycles often came before periods where prices stopped falling and stabilized. He also noted that June has historically been a weak month for XRP, which adds more uncertainty to the current…

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