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XRP holds key support above $1.31 despite heavy Binance sell pressure, signaling market resilience.

Market News
26 May 2026
Bitcoin
View Source
Neutral
pluang ai news

XRP faced intense selling pressure on Binance on May 23 but managed to hold above its April support zone around $1.31, showing strong market resilience. Despite a deeper sell volume than in early April, buyers absorbed the pressure, preventing a breakdown below key levels. However, Binance's liquidity for XRP is at its lowest since 2020, which could increase volatility if large trades occur. Traders are closely watching whether XRP can maintain stability in the $1.31 to $1.35 range as liquidity and market activity normalize.

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