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XRP rebounds above $1.30 on strong volume but remains below key resistance levels.

Technical Signals
29 May 2026
Coindesk
View Source
Neutral
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XRP has bounced from recent lows to briefly surpass $1.30, driven by a surge in trading volume, signaling potential short-term recovery. However, the token remains below critical resistance zones between $1.32 and $1.40, with broader market sentiment still negative as many traders hold significant unrealized losses. Analysts are divided on whether this rebound marks a local bottom or a temporary pause before further declines. Key levels to watch include support at $1.30 and resistance around $1.32-$1.40, with a break outside this range likely to trigger increased volatility.

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