# XRP slides toward $1.10 support as crypto liquidations surge

**Published:** 2026-06-11T20:54:51.390Z  
**Topic:** XRP holds above $1.10 as ETF inflows rise, but traders remain cautious  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/4b400d6e-4775-4937-b293-2fa1aa8e02ac

XRP falls sharply amid $1.7 billion liquidations, testing $1.10 support. Volume spikes, ETF outflows and mixed futures activity highlight market stress.

XRP has plunged toward the $1.10 support level after a wave of leveraged liquidations erased more than $1.7 billion across digital assets, leaving the token down 33% year‑to‑date and prompting a sharp rise in trading volume [1]. The move comes as broader crypto sentiment turns extremely fearful, with the Crypto Fear & Greed Index hovering near “Extreme Fear” territory.

**Key takeaways**  
- XRP’s 24‑hour trading volume jumped 56% to about $3.4 billion, roughly 4.4% of its circulating market cap [1].  
- ETF products linked to XRP recorded a $5 million outflow, ending a 21‑day inflow streak, while institutional net assets remain around $1 billion [1].  
- Futures markets showed a $5 billion surge in activity but low open interest, indicating short‑term repositioning rather than long‑term conviction [2].  
- Technical indicators place $1.10 as the critical support; a break could expose the $0.80 zone, while a hold may allow a bounce to $1.36 [1][2].  
- Despite the sell‑off, XRP posted a modest 1% gain in the latest session, trading near $1.11–$1.12, though it still lags major crypto benchmarks by about two percentage points [2].

## Liquidation pressure and market dynamics  
The recent crash is tied to a broader “risk‑off” impulse that has hit altcoins harder than Bitcoin. Analysts note that $1.7 billion in leveraged positions were liquidated, driving a surge in sell orders and pushing XRP toward its historical $1.10 “invalidation” level [1]. The 4‑hour chart remains bearish, with MACD still in negative territory, and the Relative Strength Index has slipped below 30, signaling oversold conditions that could precede a rally if support holds [1].  

At the same time, ETF flows turned negative, with XRP‑linked funds seeing a $5 million outflow—the first such outflow in three weeks—while still holding about $1 billion in net assets [1]. This divergence suggests short‑term traders are exiting, whereas longer‑term institutional capital continues to accumulate exposure. Futures trading volume surged to roughly $5 billion, but open interest stayed near cycle lows, pointing to traders repositioning rather than building new long‑term positions [2].

## Technical outlook and price targets  
On the daily chart, XRP hovered around $1.15, with the $1.10 level acting as the decisive support zone. A close below $1.10 could trigger a retest of the $0.80 support area, while a firm hold may enable a bounce to the first resistance near $1.36 and potentially the May high of $1.55 if momentum resumes [1]. CoinDesk’s analysis notes that XRP remains below its 50‑, 100‑ and 200‑day moving averages, keeping the broader technical structure favorable to sellers despite the recent stabilization [2].  

The late‑session breakout above $1.11 was viewed as constructive, yet it occurred within a larger downtrend that remains intact. Traders are watching the $1.12–$1.13 resistance band, with a decisive move above $1.26 needed to shift the chart meaningfully toward the $1.30–$1.40 region [2].

## Why it matters  
The pressure on XRP highlights how leveraged liquidations can amplify price swings in altcoins, especially when broader market risk appetite wanes. While institutional inflows into XRP‑linked products suggest some confidence in the asset’s longer‑term prospects, the combination of high volume, ETF outflows, and fragile technical support underscores the near‑term uncertainty. Should the $1.10 level break, XRP could face a deeper correction toward $0.80, but a successful hold may set the stage for a short‑term rebound amid continued Bitcoin dominance. Market participants will likely monitor volume spikes, futures activity, and the behavior of key support levels to gauge whether XRP can stabilize or become another casualty of the ongoing crypto market downturn.

## Sources
1. Invezz — [XRP crashes toward key $1.10 support as crypto liquidations explode](https://invezz.com/news/2026/06/04/xrp-crashes-toward-key-1-10-support-as-crypto-liquidations-explode/)
2. CoinDesk — [XRP holds above $1.10 as ETF inflows rise, but traders remain cautious](https://www.coindesk.com/markets/2026/06/11/xrp-holds-above-usd1-10-as-etf-inflows-rise-but-traders-remain-cautious)
3. Crypto — [Why XRP could rally 100% even in a crypto crash](https://crypto.news/why-xrp-could-rally-100-even-in-a-crypto-crash/)

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Cite as: TrendWatcher, "XRP slides toward $1.10 support as crypto liquidations surge", https://www.trendwatcher.in/article/4b400d6e-4775-4937-b293-2fa1aa8e02ac