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XRP quietly rebounds above $1.30 amid Ethereum debates, signaling technical strength and potential for further gains.

Technical Signals
29 May 2026
Coinpaper
View Source
Bullish
pluang ai news

XRP is showing a quiet but strong recovery, bouncing decisively from around $1.27 and reclaiming momentum above the 9 EMA, a key short-term indicator. This rebound suggests the recent price drop was likely a liquidity flush rather than a structural breakdown, potentially paving the way for higher resistance levels. Meanwhile, Ethereum remains the center of heated debates about governance and decentralization, drawing market attention away from XRP's steady technical progress. Institutional interest in XRP grows with CME Group launching 24/7 futures and options trading, improving liquidity and market depth.

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