Will XRP dip to $0.80 in June?

Prediction markets put the probability at 6%: Will XRP dip to $0.80 in June. Currently, markets see this as unlikely (6% YES). Crypto News Today: AlphaPepe Presale Stage 17 Nears Sell Out While XRP Price Prediction Eyes $7.00.

What’s Happening

Bitcoin's bearish momentum accelerated through early June, with the daily RSI registering 10.00 — approaching the February 5th low of 8.95 — while the Fear & Greed Index tumbled to 11. Ethereum fell 7.3% to test classical TBO support at $1,846, with its RSI dipping to 11.48, marginally below its February trough. Bitcoin dominance has fallen nearly 4% since mid-May, with its daily RSI plunging to 5.56 — an exceptionally low reading that historically pressures altcoin majors including XRP. Market breadth continues to favor downside across the crypto complex. [Kitco, Jun 3]

The breakdown deepened on June 4, when Bitcoin fell to Daily TBO Support at $63,913 and continued to decline, positioning the market for its first daily TBO Breakdown. Analysts flagged that while conditions are extremely oversold, this is not treated as an immediate bounce signal — the downside path remains a break below $60,000, followed by targets near $49,000 and $38,555. Ethereum already confirmed a TBO Breakdown on Wednesday, reinforcing capitulation risk across major caps. For the question of whether XRP dip to $0.80 in June materializes, the trajectory of BTC dominance and capitulation flows into Q2 close remains the dominant variable, with altcoins historically lagging Bitcoin drawdowns by several sessions. [Kitco, Jun 4]

Against this macro backdrop, XRP-specific newsflow has skewed bullish, with one widely circulated price prediction piece on May 29 referencing an XRP target of $7.00 alongside presale coverage of unrelated tokens — a divergence between narrative and on-chain tape that has widened as broader crypto liquidity contracts. Macro overlays compound the picture: the week of June 1 carries U.S. Jobs and ISM data, both historical volatility catalysts for risk assets, while geopolitical tape from the partial Israel-Hezbollah ceasefire continues to influence dollar and reserve-currency flows. Whether xrp dip to $0.80 in june prints will hinge on whether BTC tests the $49,000 zone before month-end, a level that would imply roughly 20-30% downside passthrough to XRP from current ranges. [Markets, May 30]

Traded on Polymarket — $59K Volume

Lower-volume market on Polymarket ($59K). Wider spreads expected — enter with limit orders and be aware of slippage risk. Currently 6c YES.