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XRP consolidates near $1.35 amid cautious market, eyes breakout after Ripple's SEC settlement.

Market News
29 May 2026
Zycrypto
View Source
Bullish
pluang ai news

XRP is trading in a tight range around $1.35–$1.36 during late May 2026, reflecting cautious sentiment after Ripple's $125 million SEC settlement boosted the token above $3.30 earlier. Despite current resistance near $1.40–$1.48 and trading below key moving averages, institutional interest is growing, driven by the CLARITY Act and record inflows into spot XRP ETFs. On-chain data shows whales accumulating, suggesting potential for a breakout above $1.41 that could lead to targets of $1.45 and beyond, with analysts optimistic about a possible rise to $2.40 by year-end if momentum and Bitcoin support return. Investors should watch key technical levels and regulatory developments closely.

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