Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

XRP rebounds as 25M tokens leave exchanges, signaling renewed buying interest and bullish outlook.

Technical Signals
31 May 2026
Finbold
View Source
Bullish
pluang ai news

XRP saw a significant shift in market sentiment after 25.24 million tokens were withdrawn from exchanges following the largest inflow of 22.8 million tokens earlier in May 2026. This outflow suggests renewed accumulation by investors, coinciding with a 5% price recovery from a 15-week low. Technical analysis highlights the $1.34 support level as crucial, with potential upside targets at $1.37 and $1.40 if the price holds above this level. The overall outlook is cautiously bullish, indicating possible further gains if the ascending channel pattern continues to hold.

More News (XRP)

XRP Ledger could use privacy tools like Tor to survive state attacks on its network.

XRP Ledger could use privacy tools like Tor to survive state attacks on its network.

David Schwartz, Ripple's former CTO, explained how the XRP Ledger (XRPL) might respond to state-level attacks targeting its validators or core infrastructure. He suggested using privacy networks such as Tor and I2P to anonymize validators and protect...

Protocol Fundamentals
Neutral
4 hours ago
Ripple unveils 'Doomsday' plan to protect XRP Ledger from authoritarian attacks using anonymous Tor routing.

Ripple unveils 'Doomsday' plan to protect XRP Ledger from authoritarian attacks using anonymous Tor routing.

Ripple's former CTO David Schwartz revealed a 'Doomsday' protocol for the XRP Ledger (XRPL) to resist authoritarian takeovers. The plan includes making validator nodes anonymous and routing them through networks like Tor and I2P to avoid detection. I...

Protocol Fundamentals
Bullish
4 hours ago
XRP Ledger's design blocks flash loan attacks, boosting DeFi security amid rising exploits elsewhere.

XRP Ledger's design blocks flash loan attacks, boosting DeFi security amid rising exploits elsewhere.

The XRP Ledger (XRPL) has confirmed that its architecture inherently prevents flash loan attacks, a common exploit in decentralized finance (DeFi). Unlike Ethereum, which allows composable smart contracts enabling complex multi-step transactions vuln...

Protocol Fundamentals
Bullish
5 hours ago
Ripple to unlock 1B XRP from escrow on June 1, 2026, with limited price impact expected

Ripple to unlock 1B XRP from escrow on June 1, 2026, with limited price impact expected

Ripple will release 1 billion XRP from escrow on June 1, 2026, marking the fifth such release this year. Although the headline value is about $1.35 billion, Ripple typically re-locks 60% to 80% of tokens, limiting net supply increase and reducing mar...

Protocol Fundamentals
Neutral
5 hours ago
XRP trader anxiety peaks but institutional ETFs keep accumulating amid stable $1.35 price.

XRP trader anxiety peaks but institutional ETFs keep accumulating amid stable $1.35 price.

Trader anxiety around XRP hit a three-week high with a bulls-to-bears ratio near 1.10:1, and 30-day holders facing average unrealized losses of 47%. Despite this, XRP price has held steady near $1.35, supported by key technical levels. Santiment iden...

Market News
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App