Investment
Features
FeesSafety
Academy
More
Pluang+

XRP breaks resistance, sparking hopes for recovery with bulls eyeing $1.50 target.

Technical Signals
06 May 2026
Tokenpost
View Source
Bullish
pluang ai news

XRP has broken above a key descending resistance line, signaling potential recovery after months of consolidation near $1.30. This breakout has improved market sentiment and increased buying momentum, with technical indicators like RSI and volume supporting a positive outlook. However, XRP remains below major resistance and the 200-day EMA, meaning the broader bearish trend is not yet overturned. Investors should watch if XRP can hold above the breakout level and push toward the $1.50 resistance, which could lead to a stronger recovery later in 2026.

More News (XRP)

Binance launches $800K XRP airdrop for Ripple USD holders with weekly rewards until Aug 14

Binance launches $800K XRP airdrop for Ripple USD holders with weekly rewards until Aug 14

Binance has introduced an $800,000 XRP airdrop campaign for holders of Ripple's stablecoin RLUSD, offering weekly XRP rewards until August 14. To qualify, users must hold at least 0.01 RLUSD and meet a daily average trading volume of $500 in Margin o...

Protocol Fundamentals
Bullish
4 hours ago
XRP price jumps to $1.12 as US inflation data triggers a 331% short liquidation surge.

XRP price jumps to $1.12 as US inflation data triggers a 331% short liquidation surge.

XRP broke a multi-month downtrend and surged to $1.12 following cooler-than-expected US Producer Price Index (PPI) data, which showed a 0.3% monthly decline and eased fears of tighter Federal Reserve policy. This led to a significant short squeeze wi...

Technical Signals
Bullish
4 hours ago
XRP forms bullish falling wedge, signaling potential breakout and price surge.

XRP forms bullish falling wedge, signaling potential breakout and price surge.

XRP is showing a bullish falling wedge pattern, indicating weakening bearish momentum and a possible trend reversal. On-chain data supports this positive outlook, with more investors moving XRP to self-custody wallets, reducing sell pressure. XRP dom...

Technical Signals
Bullish
6 hours ago
DTCC launches live tokenized trading of US equities and bonds, with Ripple Prime integrated in the infrastructure.

DTCC launches live tokenized trading of US equities and bonds, with Ripple Prime integrated in the infrastructure.

The Depository Trust & Clearing Corporation (DTCC) has officially started live production trading of tokenized Russell 1000 equities, major ETFs, and U.S. Treasuries, marking a major step for blockchain in institutional finance. This launch uses bloc...

Market News
Bullish
7 hours ago
Binance launches $800K XRP airdrop with strict KYC and regional bans

Binance launches $800K XRP airdrop with strict KYC and regional bans

Binance announced an $800,000 XRP airdrop with strict eligibility rules including full KYC verification and regional bans for residents of Canada, Japan, Iran, North Korea, and much of Europe due to regulatory compliance. Participants must hold at le...

Protocol Fundamentals
Neutral
7 hours ago
banner-footerbanner-footer

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