NEW YORK, May 30, 2026, 07:34 (EDT)
XRP held around $1.34 Saturday after bouncing back over $1.30, which it dropped below earlier in the week. The move gave traders a break but not a clear shift. According to CoinMarketCap, XRP rose 1.63% in 24 hours, trading $2.46 billion with a market cap at $82.84 billion.
XRP lost its $1.30 support, a level where buyers often stepped in. CoinDesk reported the token broke below $1.30 on May 28 on strong volume, with cooling futures and signals that falling below the mark could send it to the mid-$1.20s or as low as $1.10.
XRP had a rough week, with Investing.com showing it started at $1.3501 on May 25, dropped to $1.2687 by May 28, then bounced back to $1.3408 by May 30. Some of the week’s losses got pared, but not the whole move.
XRP buyers had a bit more to work with Friday. The token was up from $1.2959 to $1.3060 during a 24-hour stretch covered by CoinDesk. The biggest jump came as volume spiked to 107.9 million XRP near the May 28 14:00 UTC handle. After that, price settled into a tighter band between $1.30 and $1.32.
The broader market stayed flat. Bitcoin traded close to $73,486 and Ether was near $2,014. XRP stuck to the same risk tone as the bigger crypto names.
Bitcoin whale outflows have hit 648,000 BTC, the most since February, Mudrex lead quant analyst Akshat Siddhant said, adding that this is adding to short-term selling pressure. Avinash Shekhar, Pi42 co-founder and CEO, said macro uncertainty and distribution are pushing back against positive headlines.
Crypto is in a “low-liquidity environment with limited new catalysts,” Paul Howard, a senior director at crypto trading firm Wincent, told Barron’s. He said that in this kind of market, geopolitical events can swing risk appetite. Barron’s
XRP-tied ETFs brought in $1.77 million in new flows, CryptoPotato said, pointing to SoSoValue numbers. That came as bitcoin spot ETFs posted $228 million in outflows, and ether products dropped $121 million. Price action was less steady than these fund moves.
Risk looks clear. XRP has small inflows compared to what’s coming out of bigger crypto funds. If XRP drops under $1.30 again, $1.20 gets tested. Bulls need $1.40, and they need to show real strength. KuCoin’s note also points to $1.20 as support and $1.40 as resistance, the main zones for the next move.
Macro could drive crypto this week as traders look outside of XRP’s rangebound moves. The U.S. May jobs report hits June 5 at 8:30 a.m. ET, ahead of the Fed policy meeting set for June 16-17. Rate bets that react to the numbers might move bitcoin, ether and XRP.
XRP starts the week above the level sellers pushed through. Buyers have managed to stall for now, but the broader trend hasn’t shifted.
