Cryptocurrency28 May 2026SEO 801 min read

Analysis: XRP drops 4% below $1.30 as heavy selling breaks key support zone

XRP lost another major support level after high-volume selling accelerated late in the session, keeping focus on whether the months-long compression structure…

XRP lost another major support level after high-volume selling accelerated late in the session, keeping focus on whether the months-long compression structure is now breaking lower. XRP broke below the long-defended $1.30 support with heavy volume, signaling a meaningful shift in short-term market sentiment. Derivatives data show cooling futures interest and weaker trader conviction even as on-chain flows suggest longer-term accumulation continues. Analysts warn that XRP’s price is hovering nea…

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