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XRP price holds near $1.33 amid large exchange outflows and $132M ETF inflows, eyeing $1.34 support for recovery.

Market News
31 May 2026
Crypto news
View Source
Bullish
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XRP traded around $1.33 as large outflows of 25.24 million coins from exchanges followed a major inflow, signaling reduced selling pressure. Despite recent price weakness, XRP ETFs attracted $131.94 million in inflows this month, showing continued institutional interest. Analysts watch the $1.34 support level closely, with recovery targets at $1.37 and $1.40 if buyers maintain control. The token's broader narrative is expanding with XRP being used as collateral for yield strategies, potentially increasing its utility beyond payments.

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