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XRP shows signs of bottoming as supply tightens and buyers absorb selling pressure.

Technical Signals
31 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

Ripple's XRP faced selling pressure in late May, with a record inflow to exchanges signaling potential sell-offs. However, the market stabilized near a 15-week low as buyers absorbed much of the supply, and a large outflow from exchanges indicated renewed accumulation. On-chain data shows declining exchange supply and improving network metrics, suggesting stronger hands are holding XRP and reducing bearish pressure. XRP is consolidating in a tight range, with demand supporting a $1.30 price floor and resistance near $1.40, indicating a market transitioning from selling to accumulation and setting the stage for a potential recovery.

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