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Ripple unlocks $1.33B XRP amid rising valuation concerns and bullish trader bets.

Technical Signals
01 Jun 2026
AMBCrypto
View Source
Neutral
pluang ai news

Ripple released one billion XRP tokens from escrow worth over $1.33 billion, raising concerns about increased supply as XRP trades near a multi-month low. Despite this, bullish sentiment surged with funding rates up 151%, indicating traders expect a price breakout. XRP remains stuck in a range between $1.30 and $1.51, with technical indicators showing weakening buying strength. The key support at $1.30 will be crucial for potential upward moves, while failure to hold it could lead to further declines.

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