{"id":29877,"date":"2026-05-28T10:39:00","date_gmt":"2026-05-28T09:39:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=29877"},"modified":"2026-05-28T12:42:17","modified_gmt":"2026-05-28T11:42:17","slug":"xrp-price-rebound","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/xrp-price-rebound\/","title":{"rendered":"XRP plunges, liquidating $1.27: Is a rebound imminent?"},"content":{"rendered":"\n

The End of the Downtrend?<\/h2>\n\n\n\n

XRP<\/a><\/strong> has been moving within a clearly visible symmetrical triangle on the daily and weekly charts for months. This classic compression pattern is now reaching its apex. The break below $1.30 with significant volume, particularly during the session on May 27 at 23:00 UTC when over 64 million XRP changed hands, confirms a loss of bullish momentum in the short term and technically validates the movement.<\/p>\n\n\n\n

However, the advantage of XRP is that its range is well-defined, with a major midpoint at $1.48 and a lower boundary at $1.27<\/strong>. As long as the weekly closes above this level, the range remains valid, and a rebound to $1.48 or $1.60<\/strong> is still possible.<\/p>\n\n\n\n

\"XRP<\/figure>\n\n\n\n

The pattern remains technically intact, but XRP is now dangerously close to the lower boundary. A break below the triangle would significantly increase the likelihood of a downward acceleration without any significant support until the $1.10-$1.22<\/strong> zone.<\/p>\n\n\n\n

The immediate resistance to watch is at $1.30<\/strong> \u2014 the former support that has now turned into resistance after the break \u2014 followed by $1.33-$1.36<\/strong>, an aggressive defense zone for sellers where any attempt to rebound will likely be sold off. The current support between $1.26 and $1.28 serves as the crucial floor for an intraday rebound.<\/p>\n\n\n\n

In the event of continued downward movement, the next supports are as follows: the $1.22-$1.24 zone as the first intermediate target as mentioned in our previous analysis<\/a>, then $1.10-$1.15 as the major target (a confluence between the Fibonacci 0.618 of the last swing and a historical demand zone). An isolated wick down to $1.10 remains possible in the event of a widespread market capitulation altcoin, especially if Bitcoin loses its support at $71,000<\/strong> simultaneously. However, the $1.12 zone is a support to watch for positioning for a swing or short-term trade.<\/p>\n\n\n\n

The daily RSI is hovering near oversold levels, similar to Bitcoin. The coming days could reveal the bottom for XRP.<\/p>\n\n\n\n

$1.28: Opportunity or Trap?<\/h2>\n\n\n\n

The break below $1.30 and the rebound towards $1.28 place XRP exactly where the tension is at its peak. The long-term structure remains bullish thanks to Ripple’s fundamentals \u2014 adoption, regulatory clarity, real utility in cross-border payments. However, the short term is clearly dominated by sellers, and the indicators have yet to show the reversal signal we would like to see to validate an aggressive entry.<\/p>\n\n\n\n

Active traders are monitoring three triggers: the ability to quickly reclaim $1.30 with volume, the behavior at the $1.26 support as the first conviction test for buyers, and the volume dynamics on the next rebounds \u2014 a rebound on increasing volume would radically change the reading.<\/p>\n\n\n\n

For long-term investors, the $1.20-$1.28 zone could offer an excellent average entry point within the symmetrical triangle. As long as XRP remains above $1.10, the overall bullish thesis is not invalidated.<\/p>\n\n\n\n

\"XRP<\/figure>\n\n\n\n

Additionally, XRP has recovered the majority of longs below $1.28<\/strong>, and major clusters have formed at $1.37 and $1.40<\/strong>, providing bullish confluence.<\/p>\n\n\n\n

After liquidating the $1.70 level as expected, XRP is re-entering its historical range. The market is now awaiting the true resolution of a compression that has lasted for over a year. Consolidation and preparation for a bullish breakout, or a downward acceleration towards $1.10-$1.20.<\/strong><\/p>\n\n\n\n

In trading, the most important thing is to define the market trend before conducting your analysis. And for now, the trend is still a range. XRP has just touched the bottom of its range. It is therefore time to observe and look for a long setup.<\/p>\n\n\n\n

Sources:<\/strong><\/p>\n\n\n\n