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XRP gains 2.8% amid reduced selling pressure and signs of market bottoming at $1.34

Technical Signals
30 May 2026
Blockonomi
View Source
Bullish
pluang ai news

XRP's price rose 2.8% to $1.34 with over $2.15 billion in trading volume, showing early signs of a market reversal. A declining Binance Exchange Supply Ratio indicates investors are moving XRP off exchanges, reducing immediate selling pressure. Additionally, the NVT Ratio dropped 23.73%, suggesting XRP is fairly valued relative to its network activity. Market momentum remains neutral, but these factors support a potential upward move from the current $1.33 price level.

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