Cryptocurrency

The close of XRP's May monthly candle has officially shattered investor optimism, creating a classic bearish setup just as summer begins. The technical compression of Bollinger Bands on XRP's higher time frames on TradingView, combined with on-chain data, suggests that the token's price risks falling below the psychological $1 level in the coming weeks.

Cryptocurrency

On Friday, May 29, flows into cryptocurrency exchange-traded funds (ETFs) remained under pressure: funds investing in Bitcoin posted outflows for the tenth consecutive day, while funds investing in Ether extended their outflow streak to 14 sessions. Still, the picture was less one-sided than earlier in the week, as ETFs linked to $XRP, $HYPE, and Solana attracted fresh capital.

Traders are closely watching $XRP after Stellar’s $XLM sharp breakout this week, which has raised new questions about whether $XRP can follow it in June. Analyst Kevin Cage shared a series of charts on X showing the growing gap between the two assets.

Trading

$XRP is trading at $1.3184 on May 29, moving toward the lower half of the weekly candle range after two attempts to break above $1.59. Both attempts failed, pushing the CRT setup toward the $1.15 range low as the next logical target.

Cryptocurrency

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.

Trading

$XRP finally found buyers near the bottom of its range after spending much of May grinding lower, but the rebound hasn’t changed the broader setup yet. The move above $1.30 came with one of the strongest volume bursts in days, though price remains well below the levels that would signal a genuine trend reversal.

Trading

$XRP price started a recovery wave above $1.290 and $1.2950. The price is now consolidating and might aim for a fresh move if it clears $1.3350.

Despite experiencing a strong post-rally correction, Near is getting close to a potentially significant technical milestone. Few traders anticipated a potential golden cross formation just weeks ago, but the chart now shows the 50-day moving average quickly rising toward the 200-day moving average.

$XRP traders are warning that one more sharp drop may occur before a real bullish move begins. Several $XRP analysts on X pointed to rising risks as $XRP continues to struggle below key resistance levels in the $1.30–$1.40 zone.

$XRP continued to decline over the past 24 hours as broader weakness in the crypto market pushed the token closer to a key support range. CoinMarketCap market data showed that $XRP fell by 3.46% to around $1.28 at the time of publication, while its market capitalization dropped to $79.7 billion.

Trading

$XRP continues to attract aggressive speculation as traders monitor unusual derivatives activity and critical technical levels. The token was trading near $1.28 at the time of publication after slight daily losses.

Trading

$XRP is trading at $1.3296 on May 27, pressing against the lower boundary of a symmetrical triangle that is rapidly narrowing, as spot ETF inflows return and a completed liquidity sweep below the candle-range low creates an attempted CRT reversal toward $1.3734.

Cryptocurrency

$XRP faced massive selling on Binance, yet the price held above the April resistance zone. This shifted attention to the state of liquidity and whether nearby support will be able to withstand renewed pressure from sellers.

Trading

$XRP is trading at $1.3404 on 26 May, staying within the completed candle range after a rapid liquidity sweep below $1.30 on 23 May, while the 30-minute Supertrend remains red and Wednesday’s ledger update approaches, with validators already upgrading.

Fiat money, funds

During a difficult week for crypto ETFs, institutional investor sentiment shifted sharply: more than $1.2 billion flowed out of Bitcoin ETFs, while Ethereum-based products extended their prolonged decline. At the same time, capital continued flowing into $XRP, Solana, and Hyperliquid-related products, highlighting growing interest in alternative crypto narratives.

Trading

$XRP continued to struggle near key resistance levels this week as weakening momentum and declining trader activity kept the token under pressure. The cryptocurrency traded around $1.35 after failing to hold gains above an important Fibonacci resistance zone. Alongside broader crypto market weakness, declining speculative demand has also weighed heavily on $XRP’s recovery outlook.