XRP drops to 16-week lows: Can price fall below $1?

Cointelegraph•Thursday, May 28, 2026 at 1:40:07 PM

NegativeCryptocurrency

XRP drops to 16-week lows: Can price fall below $1?

What Happened
XRP has fallen to 16-week lows, breaking key support at $1.30, as bearish technical setups and weak investor sentiment suggest a potential deeper correction towards $0.63.
Why It Matters
This decline is significant as it reflects growing concerns among investors about XRP's market stability, potentially leading to further sell-offs and impacting its overall valuation in the cryptocurrency market.

— via World Pulse Now AI Editorial System

Read Original

Was this article worth reading? Share it

Continue Readings

Bitcoin.com7 hours ago

XRP Buyers Return as Rally Crushes Shorts and Lifts Momentum

PositiveCryptocurrency

XRP has seen a resurgence in buyer interest as a recent rally has significantly impacted short positions, leading to increased market momentum. This development highlights a shift in market sentiment towards XRP, indicating a potential recovery phase for the cryptocurrency.

Read full article

via Bitcoin.com

CoinDesk7 hours ago

XRP rockets 8% above $1.20 in first major breakout since June selloff

PositiveCryptocurrency

XRP has surged 8% to surpass $1.20, marking its first significant breakout since the selloff in June. This increase indicates a potential recovery in the cryptocurrency market, reflecting renewed investor interest and confidence in XRP's performance.

Read full article

via CoinDesk

Bitcoinist12 hours ago

XRP Eyes $1.20 Breakout As Upbit Flows Hit Highest Share Since May 2024

PositiveCryptocurrency

XRP is currently eyeing a breakout above the $1.20 mark as wallet flows linked to Upbit have surged to their highest share since May 2024, indicating increased trading activity.

Read full article

via Bitcoinist

Crypto News14 hours ago

XRP Price Analysis: Can XRP Break $1.20 After Upbit Flow Surge?

NeutralCryptocurrency

XRP is currently trading near $1.18, influenced by recent ETF inflows and significant wallet flows from Upbit, as it approaches a critical technical resistance level. Analysts are closely monitoring whether XRP can break through the $1.20-$1.30 zone following this surge in activity.

Read full article

via Crypto News

CoinDesk16 hours ago

XRP climbs 4% above $1.18 as traders test next resistance zone

PositiveCryptocurrency

XRP has climbed 4% to surpass $1.18 as traders test the next resistance zone, indicating a potential recovery after recent fluctuations in the market. This increase follows a period where XRP stabilized above $1.10, bouncing back from four-month lows driven by increased trading volume.

Read full article

via CoinDesk

Cointelegraph17 hours ago

Bitcoin mining difficulty drops 10% in 11th largest downward adjustment

NeutralCryptocurrency

Bitcoin's mining difficulty has decreased by 10%, marking the second-largest downward adjustment this year, following an 11% drop in February. This adjustment reflects ongoing challenges within the Bitcoin network as miners face fluctuating conditions.

Read full article

via Cointelegraph

Crypto Newsa day ago

SEC approves T. Rowe Price crypto ETF with BTC, ETH and XRP exposure

PositiveCryptocurrency

The SEC has approved the T. Rowe Price Active Crypto ETF for listing on NYSE Arca, which will provide managed exposure to a range of cryptocurrencies including BTC, ETH, XRP, SOL, DOGE, and SHIB. This approval marks a significant step in the integration of cryptocurrency into mainstream financial markets.

Read full article

via Crypto News

Bitcoin.coma day ago

Michael Saylor’s Pivot, Blackrock’s New ETP, and More – Week In Review

NeutralCryptocurrency

Michael Saylor, Executive Chairman of Strategy, has made a significant pivot by selling 32 Bitcoin for the first time since 2022 to fund preferred stock dividends, reflecting a shift in the company's financial strategy amidst ongoing pressures. This decision has sparked discussions about the company's approach to Bitcoin holdings and its impact on shareholder value.

Read full article

via Bitcoin.com

Ready to build your own newsroom?

Subscribe to unlock a personalised feed, podcasts, newsletters, and notifications tailored to the topics you actually care about