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XRP price falls 4% below $1.30, raising doubts about hitting $1.60 in May

Market News
28 May 2026
Crypto Briefing
View Source
Bearish
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XRP's price dropped 4% below the $1.30 support level after heavy selling of 64 million tokens in one hour, signaling a shift in market sentiment. This breach has lowered confidence in XRP reaching $1.60 in May, with analysts now focusing on $1.10 as the next support level. Market watchers are closely monitoring Ripple Labs' actions and potential regulatory news that could influence XRP's recovery or further decline.

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