Ripple (XRP) dropped to $1.13 USDT on June 19, 2026, while the overall crypto market recorded a 2.4 % decline in the last 24 hours and Bitcoin dominance hovered above 55.9 %.
Technical Landscape
The daily chart shows XRP positioned beneath every major exponential moving average: the 20‑day EMA at $1.19, the 50‑day EMA at $1.27, and the 200‑day EMA at $1.60. This full bearish stack forces any upward move to confront a wall of sellers, confirming a prevailing bear trend rather than a temporary correction.
Momentum indicators reinforce the downside bias. The RSI rests at 38.28, edging toward oversold territory but still above the 30 threshold, while the MACD histogram displays a faint positive divergence that fails to offset the dominant bearish momentum.
Market Sentiment
The Fear & Greed Index registered a value of 14, placing sentiment deep in the Extreme Fear zone and highlighting a thin risk appetite among investors. This cautious mood aligns with the steady price erosion observed across major blockchain assets.
Should XRP close below the $1.11 mark on the daily chart, analysts anticipate a test of the lower Bollinger Band near $1.05, which could signal further downside pressure if breached.