Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

XRP shows breakout potential with falling wedge pattern and strong correlation to XLM's recent rally.

Technical Signals
30 May 2026
The Currency Analytics
View Source
Bullish
pluang ai news

XRP is gaining attention due to two key signals: a falling wedge pattern on its XRP/BTC chart suggesting accumulation and a historical price correlation with Stellar (XLM), which recently had a strong rally. Analysts note that XRP often follows XLM's price moves, and if this pattern holds, XRP could break past $2, ending its bearish trend. A breakout would likely boost activity across the XRP ledger ecosystem, including NFTs and Automated Market Makers. However, the breakout is not guaranteed, and traders await confirmation through price action above the wedge resistance or a decisive weekly candle mirroring XLM's move.

More News (XRP)

XRP withdrawals on Binance hit highest share since June 2024 amid major RLUSD burns by Ripple.

XRP withdrawals on Binance hit highest share since June 2024 amid major RLUSD burns by Ripple.

XRP withdrawal transactions on Binance reached 53.8% on June 23, the highest since June 2024, while deposits fell to 46.1%, the lowest in about two years. Withdrawals have exceeded deposits for seven consecutive days, indicating a sustained shift in ...

Market News
Bearish
4 hours ago
SOIL to be first app using XRP Ledger's new native lending features with XLS-65 and XLS-66 amendments.

SOIL to be first app using XRP Ledger's new native lending features with XLS-65 and XLS-66 amendments.

SOIL is preparing to become the first application to utilize XRP Ledger's proposed native lending infrastructure enabled by the XLS-65 and XLS-66 amendments. These changes will introduce on-chain lending, liquidity pools, and yield products directly ...

Protocol Fundamentals
Bullish
6 hours ago
XRP price drops below $1.12 support despite Ripple's new Luxembourg license.

XRP price drops below $1.12 support despite Ripple's new Luxembourg license.

XRP's price fell 3.8% to $1.09 on June 23, breaking below a key support level of $1.12 despite Ripple securing a Crypto Asset Service Provider license in Luxembourg. This license allows Ripple to expand in Europe ahead of new regulations, but the bro...

Market News
Bearish
6 hours ago
Ripple clears security re-audit of XRPL Lending Protocol, boosting DeFi growth on XRP Ledger.

Ripple clears security re-audit of XRPL Lending Protocol, boosting DeFi growth on XRP Ledger.

Ripple has successfully completed a comprehensive re-audit of its XRPL Lending Protocol by blockchain security firm Halborn, confirming all previous issues were resolved or accepted. The protocol enables fixed-term, uncollateralized loans on the XRP ...

Protocol Fundamentals
Bullish
6 hours ago
Ripple completes successful re-audit of XRP Lending Protocol, clearing major security hurdles.

Ripple completes successful re-audit of XRP Lending Protocol, clearing major security hurdles.

Ripple has completed a thorough re-audit of its XRP Lending Protocol by Web3 security firm Halborn, confirming all previous issues have been resolved or managed. The audit focused on code changes since the last review and found no critical vulnerabil...

Protocol Fundamentals
Bullish
6 hours ago
banner-footerbanner-footer

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