XRP Price Analysis: Focus on Support Levels and Targets
- Support Level Analysis: As of May 31, 2026, XRP traded near $1.336 on the Bitstamp exchange, with analysts highlighting the critical ascending channel support at $1.34, suggesting that if this level holds, short-term targets could shift to $1.37 and $1.40.
- Technical Indicator Warnings: Technical analysis indicates XRP remains below the Fibonacci resistance at $1.4655, with signs of declining demand emerging; if the price falls below $1.30, selling pressure may accelerate, necessitating close monitoring of support levels at $1.25 and $1.20.
- Market Sentiment Assessment: The MACD indicator continues to show bearish signals, with the MACD line below the signal line, reflecting ongoing negative market sentiment, while the RSI at 42.87 remains below neutral, indicating short-term momentum favors sellers, urging caution among investors.
- Price Trend Monitoring: Analysts emphasize that XRP's daily closing prices will play a decisive role in shaping price trends, particularly around the key levels of $1.34, $1.37, and $1.40, necessitating close attention to these price ranges.
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Technical Analysis for XRP
Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
XRP (XRP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.03 | 1.11 | 1.206 | 1.286 | 1.383 | 1.463 | 1.559 |
| Fibonacci | 1.11 | 1.177 | 1.219 | 1.286 | 1.354 | 1.395 | 1.463 |
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