XRP Breaks Below $1.30 Amid Heavy Trading Volume

XRP has fallen below the $1.30 support level, a key area traders had defended for weeks, with the breakdown occurring on the heaviest volume of the session. According to CoinDesk, more than 25 million XRP have moved off exchanges recently, indicating potential accumulation despite the broader market treating rallies as selling opportunities. XRP's price dropped from $1.3109 to $1.2668, a 3.4% decline, during the June 1 session. Analysts are watching whether this selloff is a temporary washout or the start of a deeper move toward earlier support levels.