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XRP rebounds above $1.10, but analysts flag $0.90 support and possible retest

Jun 8, 202610:11 AMNewsroom AI

XRP has moved above the $1.10 level after rebounding from four-month lows, with reports noting the token is trading around $1.12 and posting a modest gain over the past 24 hours. CoinDesk said the rebound came with elevated volume, but XRP remains constrained by key resistance levels and continues to trade within a broader bearish technical backdrop [1] [2].

Multiple analysts highlighted $0.90 as a potential major support zone, with one report pointing to a strategic entry area around that level and another warning XRP could revisit $0.90 before forming a durable bottom. Other technical coverage similarly suggested XRP has not fully broken out of its downtrend structure, while mapping nearby resistance and support levels for the current move [3] [4] [1] [5].

Overall, coverage indicates XRP’s near-term recovery above $1.10 is being closely monitored against nearby resistance, while analysts continue to flag $0.90 as a key downside reference point if the bounce fails [1] [2] [4].

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