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Although XRP Price is still experiencing selling pressure near the critical support range, it’s at the bottom of an overall bear market, having been used mainly for cross-border money transfers.

The cryptocurrency has recently seen a bounce off its extreme lows due to technical oversold indicators (relative strength index) and increasing optimism in the XRP community. At press time, the coin is trading at $1.22, with an increase of approximately 1.0% over the past 24 hours.

XRP Price Faces a Crucial Test Near $1.20

According to the data from TradingView, XRP price indicates a price movement between $1.20 and $1.32, which was previously viewed by XRP as an important resistance point. The market will be in bearish conditions while XRP continues to print lower highs and lower lows on its price chart.

As per this chart, the relative strength index indicates that the XRP market has reached an oversold status and may have reached the maximum extent of downward movement for the immediate future; however, MACD continues to support downward market sentiment with negative histogram bars.

To re-establish market bullishness for XRP, the market participants in the XRP bull community will need to price XRP above $1.32; if XRP establishes strong bullish support above this level, the XRP bulls may be able to extend their recovery all the way back to the $1.43 resistance level.

Also Read: XRP Price Risks 10% Drop as Analyst Predicts Move to $1.14

XRP Supercycle Narrative Gains Attention

On May 15, 2019, X User YoungHoon Kim (@yhbryankimig) shared a post promoting an XRP theme as well as introducing XRP (XRPS) at the price of $100 and encouraging people to “Start now“. Additionally, the post contained the phrase “XRP SUPERCYCLE STARTS HERE“, which indicates that many people expect XRP’s price to increase during the upcoming super cycle.

Despite showing signs of a bullish trend in XRP, using sentiment-driven narratives alone usually does not lead to sustained changes in price; however, the two often come together if there are common oversold conditions in the market.

https://twitter.com/yhbryankimiq/status/2062144067920859475?s=20

If the technical analysis shows oversold conditions, it indicates an opportunity to enter the trade, which will typically lead to buyers entering before the technical confirmation takes place.

In addition, XRP price has recently tested this important level with a continued bearish move, even as oversold levels of technical indicators are in place for the period.

Therefore, while there are currently several signals that indicate a potential for a rally in XRP, the only way to confirm would be through a breakout above key resistance levels.

Additionally, until XRP has established strong support above key levels, both bullish and bearish scenarios remain possible.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: XRP on Bitwise Powers Strong $259M Tokenized Fund

XRP price keeps showing weakness as it battles to bounce back from recent losses. It’s still dealing with selling pressure in the short term. Technical stuff indicates that the downward push is still going strong, with the price below important levels. Right now, analysts say there isn’t a firm low in place, making the overall outlook pretty cautious.

At the time of writing, XRP is trading at $1.21, reflecting a 0.91% decline over the last 24 hours, according to CoinMarketCap. Market activity remains active, with a daily trading volume of about $3.74 billion and a market capitalization close to $75.61 billion.

Source: CoinMarketCap

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XRP Price Recovery Remains Weak

On June 3, 2026, crypto analyst More Crypto Online pointed out that the XRP price recently bounced from its February low, yet the move was pretty weak. It could still be part of a B-wave structure, though the lack of a stronger uptick makes that less certain.

Source: More Crypto Online’s X Post

More Crypto Online stated that a bigger B-wave scenario might still happen, but only if the XRP price creates a clear 1-2 upward pattern from where it is now.

Without this, we can’t confirm a local bottom firmly. Right now, the XRP price hit the 50% retracement level around $1.21, a spot usually monitored for market reactions.

XRP Price Breaks Below Key Bollinger Band Support

The XRP price shows more technical weakness. Recently, it dropped to about $1.2192, falling below the lower Bollinger Band at $1.2315. The 20-day simple moving average is at $1.3397, higher than where XRP is now.

The upper band is even higher, at $1.4479. This means XRP is way below its recent averages, showing strong downward pressure and increased volatility.

Source: TradingView

The momentum indicators keep leaning negative for the XRP price, too. The MACD line sits at -0.0383, still below the signal line at -0.0256. Plus, the histogram is at -0.0127, showing that the price is still dropping. Until there’s stronger buyer demand and XRP price hits those key levels again, we’ll probably see this pressure continue.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | Japan’s Tokyo CPI 2026 Collapses, Crushing Crypto Outlooks

Ethereum (ETH) price continues to be pressured following the significant drop experienced over the last 24 hours, moving towards the important support area that may shape the future trend. The market will be watching to see whether the bulls can manage to protect this support level or not.

At the time of writing, ETH is trading at $1,824.69, with a 24-hour trading volume of $33.76 billion and a market capitalization of $226.08 billion. Over the last 24 hours, ETH has dropped by 5.64%, reflecting continued selling pressure across the market.

Source: CoinMarketCap

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Ethereum Price Tests Key $1,825 Support

A prominent crypto analyst, Ali Martinez, mentioned on June 3, 2026, that the Ethereum price achieved his bearish target of $1,825. According to Martinez, the ETH is currently trading at the lower end of its price channel, which can prove very significant for the next direction of the cryptocurrency.

Source: Ali Martinez’s X Post

Martinez explained that if the ETH can manage to stay above the $1,825 support level, then a rally is imminent. Under this situation, the crypto will bounce back to the resistance levels of $2,070 and maybe even up to $2,360

However, he also noted that a sustained decline below $1,825 on a day-to-day basis would undermine the existing support zone.

In that scenario, there is a likelihood of further selling of Ethereum, and its price will move towards the $1,500 region. That said, investors are watching keenly how investors respond at this significant support zone.

Ethereum Flashes Oversold Signal as Bears Keep Control

Technical signals indicate that the Ethereum price could be in a highly oversold condition. This is evident from the RSI indicator moving down to levels of 24.95, significantly lower than the 30 level, used to signal an oversold condition.

The RSI signal line is currently reading 32.63, implying that the selling is more than the buying for some time now. It is important to note that the oversold RSI will often result in a rebound; however, it is important to bear in mind that this may not always be the case.

Source: TradingView

The MACD indicator also indicates that the market continues to be weak. The value of the MACD is -84.12, whereas the signal value is -67.33. Moreover, the histogram shows a value of -16.79, which is negative.

As long as the MACD line stays below the signal line, it is safe to assume that there is an ongoing bearish trend and that bears are controlling the market movement. Moreover, the bearish histogram also reinforces this view as it indicates downward momentum.

Overall, the Ethereum price seems to be testing a very crucial support level lately. Breaking above $1,825 would pave the way for potential rallies towards higher goals; on the contrary, a breakdown through this support level could raise the likelihood of a stronger drop.

As long as technical indicators are in the red, what happens at these levels will determine the next direction for the Ethereum price.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

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The broader cryptocurrency market remains under heavy selling pressure, with Bitcoin (BTC) falling below the $62,000 level and dragging major altcoins lower. Solana (SOL) has emerged as one of the hardest-hit large-cap cryptocurrencies, extending its recent decline after losing a critical support zone.

At the time of writing, Solana price trades at $69.53, with a 24-hour trading volume of $8.31 billion and a market capitalization of $40.22 billion. SOL has fallen 6.45% over the past 24 hours as risk-off sentiment continues to dominate crypto markets.

Source: CoinMarketcap

Solana Price Loses Critical Support Level

Crypto analyst Ali Martinez recently highlighted the importance of the $77 level for Solana price. According to Martinez, data from the UTXO Realized Price Distribution (URPD) model identifies $77 as a major support zone where a large amount of investor activity previously took place.

Source: Ali Martinez X Post

Martinez pointed out that if Solana stays below its current low, it could drop to much lower support zones. There’s not much demand below $77, so the next stops of interest are around $53, $35, and $24.

Losing a key support level usually raises volatility since fewer folks are willing to buy at rising prices. Because of this, people in the market are keeping an eye on whether buyers can steady SOL at its present price.

Also Read: Solv Protocol Migrates $700M BTC Assets to Chainlink CCIP

Technical Indicators Point to Continued Weakness

From a technical perspective, Solana remains under strong bearish pressure. The daily chart shows SOL trading around $69.70 after breaking below several key support levels.

According to TradingView data, Solana price now trades below all major moving averages:

• 20-day EMA: $81.19
• 50-day EMA: $84.44
• 100-day EMA: $89.84
• 200-day EMA: $105.62

This alignment confirms a broader downtrend across both short-term and long-term timeframes.

A sharp breakdown below the $75 support area accelerated selling pressure and pushed SOL toward the next major support zone near $65.

Source: TradingView

Meanwhile, the MACD indicator remains firmly bearish. The MACD line continues to trade below the signal line, while expanding negative histogram bars suggest increasing downside momentum.

Unless buyers reclaim the $81–$84 resistance region, bearish control may remain intact in the near term.

Bitcoin Weakness Adds Pressure on Solana Price

The recent decline in Solana also reflects broader weakness across the cryptocurrency market. Bitcoin’s drop below $62,000 has triggered renewed selling across altcoins, causing capital to rotate into stablecoins and lower-risk assets.

Solana historically moves with Bitcoin during market struggles. If BTC stays below its support, SOL might experience more dips before bouncing back.

Right now, traders keep an eye on Solana’s $65 support level. Holding this zone could steady prices, but breaking down may lead to even lower targets.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

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Monero (XMR) has become one of the strongest-performing cryptocurrencies in recent sessions, gaining more than 8% while Bitcoin and several major altcoins continue to face selling pressure.

At the time of writing, Monero price stood at $364.76, with a 24-hour trading volume of $317.7 million and a market capitalization of $6.73 billion. An 8.43% increase over the past 24 hours placed XMR among the market’s top-performing cryptocurrencies, alongside Hyperliquid (HYPE) with a 27% increase and Stellar (XLM) with a 17% increase.

Source: CoinMarketcap

Altcoin Season Index Signals Improving Market Conditions

Broader altcoin sentiment continues to improve, supporting Monero’s recent strength. According to CoinMarketCap’s Altcoin Season Index, the 90-day Altcoin Season Index rose to 56 after a sharp recovery from Bitcoin Season territory.

Although the reading remains below the 75 level that typically confirms a full altcoin season, the increase points to a gradual rotation of capital from Bitcoin into alternative cryptocurrencies. Meanwhile, the total altcoin market capitalization remained stable between $950 billion and $1 trillion, reflecting growing investor confidence in the sector.

Source: CoinMarketcap

Monero Price Structure Suggests Long-Term Upside

Crypto analyst Trader Kitsune recently highlighted the Monero price structure, noting that XMR remains in a favorable position despite recent market volatility.

According to the analyst, Monero price swept its previous all-time high earlier this year before entering a correction phase. The pullback brought XMR close to the 2022 high near $290, where it also tested its 2026 yearly open and formed a consolidation range.

Source: Analyst Trader Kitsune X post

The analyst identified this region as a major support zone that continues to hold despite broader market fluctuations.

Another key observation involved Monero’s market capitalization relative to ZCash (ZEC). Historically, Monero’s market cap ranged between two and five times that of ZCash. Currently, the ratio sits near 0.6x, which may indicate room for expansion if investor interest returns to privacy-focused cryptocurrencies.

Trader Kitsune also noted that renewed attention toward privacy coins could favor Monero, given its long-standing position as the sector leader.

Based on a measured-move projection, the analyst outlined a long-term Monero price target of approximately $2,800, while emphasizing that such a move would likely develop over an extended period rather than occur in the near term.

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Recovery Faces a Critical Technical Test

Despite the recent rally, the short-term Monero price outlook remains uncertain. TradingView data shows XMR below the 20-day, 50-day, and 100-day EMAs, while the 200-day EMA near $371 continues to act as a major resistance level.

A recent sell-off pushed Monero price toward the $340 support zone. Buyers stepped in around that area and helped limit additional downside pressure.

Source: Tradingview

At the same time, the MACD indicator remains bearish. Negative histogram bars point to weaker momentum despite the recent price bounce.

For bulls to gain control, XMR needs a move above the $370–$376 resistance zone. A break above that range could improve market sentiment and support further upside.

On the downside, the $340 support level remains important. As long as Monero price stays above this zone, the broader bullish structure remains intact.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

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There has been a noticeable increase in institutional interest in Hyperliquid, and subsequently, traders are now wondering if the current upward movement of HYPE could just be the start of a longer-term trend.

Since breaking through multiple significant resistance levels, HYPE price has continued to see significant interest as it maintains its position amongst the best-performing crypto assets in the market today. At press time, the coin is trading at $72.44 at the time of writing, marking a 3.77% gain over the past 24 hours.

Grayscale Brings Hyperliquid Exposure to Traditional Investors

Most recently, Grayscale announced that it had begun trading the HYPE price Staking ETF under the ticker symbol HYPG. This announcement was made by Grayscale via a post on X.

The tweet from Grayscale included information about how HYPE has the lowest gross management fee among all other publicly listed ETPs in the United States and provides an opportunity for investors to gain exposure to HYPE via their traditional brokerage accounts.

Grayscale CEO Peter Mintzberg mentioned the expanding ecosystem for Hyperliquid, stating that the protocol generated approximately $857 million in protocol fees in 2025.

He also noted that institutional interest in the platform is expected to continue expanding, along with HYPE’s ability to operate on a permissionless, 24/7 basis. These factors contributed positively to Grayscale’s bullish outlook for Hyperliquid going forward.

The lowest gross management fee among U.S. Hyperliquid ETPs¹

That's $HYPG

Our conviction comes from real-world traction: approximately $857M in protocol fees generated by @HyperliquidX in 2025², a vast ecosystem of permissionless 24/7 markets, and growing institutional adoption… https://t.co/mRvQc5N2cN

— Peter Mintzberg (@PeterMintzberg) June 3, 2026

Also Read: HYPE Price Continues Strong Breakout After Bitwise Accumulation, Eyes $100 Target

HYPE Price Maintains Bullish Technical Momentum

According to the data, there is still bullish sentiment in the indicators for HYPE on TradingView, as the asset has broken through multiple resistance levels near $35.75, $42.14, $47.56, and $48.75.

At this time, HYPE continues to remain above both the 200-day and 50-day moving averages, indicating that the breakout trend continues. However, one should be aware of momentum indicators such as the RSI hovering approximately between 71 and 72, therefore placing the market in an overbought condition.

This indicates heavy buying pressure but can also indicate a potential period of consolidation before another move up. Further, if bullish momentum remains in place, HYPE’s price target could reach the psychological resistance areas of $75 and $80.

Grayscale’s decision to launch a Hyperliquid-focused ETF highlights the growing recognition of the network within the digital asset industry. The move could further strengthen Hyperliquid’s position in the market as institutional participation in the ecosystem continues to increase.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: HYPE Price Surge Signals Strong Bullish Trend Toward $100 Target