XRP traded at $1.15712 at 10:09 p.m. on June 3, marking a 5.19% decline over 24 hours as selling pressure intensified across digital asset markets. The cryptocurrency recorded a daily high of $1.24726 and a low of $1.14092, with price action remaining near the lower end of its recent trading range. The decline occurred amid a broader crypto market sell-off that saw over $1.12 billion in liquidations, including $25.64 million in XRP positions according to Coinglass data, with long positions accounting for 96.37% of total XRP liquidations.
XRP Records $1.15712 Price at 10:09 p.m. on June 3
Price remained near the lower end of the recent range after breaking below several key short-term support areas during the session. After trading near the mid-$1.30 region in late May, the market established a series of lower highs and lower lows that accelerated into early June. The latest price action placed XRP close to the session low of $1.14092.
Coinglass Reports $25.64 Million XRP Liquidations in 24 Hours
According to Coinglass, XRP liquidations reached $25.64 million over the past 24 hours, with long positions accounting for $24.71 million, or 96.37% of total liquidations, compared with $929,583 in short liquidations. More than 5,800 traders were liquidated during a period in which XRP volatility exceeded 8.84%. The largest single liquidation totaled $1.23 million, while the most intense liquidation activity occurred between 21:00 and 22:00.
The XRP liquidation wave unfolded against a broader market-wide deleveraging event. More than $1.12 billion in crypto positions were liquidated across the market, including about $949 million in long positions, as bitcoin slipped below $63,000 and tested the low-$62,000 region.
Technical Indicators Show RSI at 26.73 and MACD Line at -0.01633
The Relative Strength Index (RSI) stands at 26.73, placing XRP in oversold territory. The Moving Average Convergence Divergence (MACD) remains bearish, with the MACD line at -0.01633, the signal line at -0.01092 and the histogram at -0.00541. XRP is trading below both the 50-period simple moving average at 1.23089 and the 200-period simple moving average at 1.29842. Bollinger Bands show the lower band near 1.16628, the middle band around 1.21476 and the upper band near 1.26323, with price trading beneath the lower band.
Ripple CEO Marks XRP's 14th Anniversary
Ripple CEO Brad Garlinghouse marked XRP's 14th anniversary by describing participation in the XRP ecosystem as "the honor of a lifetime." Ripple has highlighted institutional XRP demand as CME launched 24/7 crypto futures, expanding access to digital asset markets.
FAQ
What price did XRP reach on June 3?
XRP traded at $1.15712 at 10:09 p.m. on June 3, down 5.19% over 24 hours, with a daily high of $1.24726 and a low of $1.14092.
How much were XRP liquidations in 24 hours according to Coinglass?
Coinglass reported XRP liquidations reached $25.64 million over the past 24 hours, with long positions accounting for $24.71 million, or 96.37% of total liquidations, compared with $929,583 in short liquidations.
What technical indicator levels did XRP show on June 3?
The Relative Strength Index (RSI) stands at 26.73, the MACD line at -0.01633, the 50-period simple moving average at 1.23089, and the 200-period simple moving average at 1.29842.
