Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

XRP slips below $1.40, trading tight range signals potential breakout soon

Technical Signals
05 May 2026
Coindesk
View Source
Neutral
pluang ai news

XRP fell below the key $1.40 level on high volume but then stabilized in a narrow range between $1.38 and $1.41. This tight trading range suggests a buildup of pressure for a significant move, with $1.40 acting as a crucial pivot point. A break above $1.42 could signal upward momentum, while a drop below $1.38 might lead to further declines toward $1.34 or $1.30. The broader crypto market remains mixed, so XRP's next move depends largely on technical factors rather than new market catalysts.

More News (XRP)

Selective inflows boost Hyperliquid, XRP, and Solana ETFs amid narrowing altcoin demand

Selective inflows boost Hyperliquid, XRP, and Solana ETFs amid narrowing altcoin demand

On June 15, U.S.-listed spot altcoin ETFs saw focused inflows primarily into Hyperliquid, XRP, and Solana products, indicating concentrated investor interest rather than broad market participation. Hyperliquid ETFs led with $17.19 million in net infl...

Market News
Bullish
5 hours ago
Ripple acquires stake in Flutterwave at $3.3B valuation, boosting blockchain payments in Africa.

Ripple acquires stake in Flutterwave at $3.3B valuation, boosting blockchain payments in Africa.

Ripple has reportedly purchased a stake in African fintech Flutterwave, valuing the company at $3.3 billion, a modest increase from its previous $3 billion valuation. This strategic investment aligns with Ripple's focus on cross-border payments, leve...

Market News
Bullish
5 hours ago
XRP whales have added 1.5B tokens in 6 months despite price dips, signaling strong confidence.

XRP whales have added 1.5B tokens in 6 months despite price dips, signaling strong confidence.

Over the past six months, XRP holders with at least 1 million tokens have accumulated about 1.53 billion XRP, increasing their share of the circulating supply to 74.1%. This accumulation occurred even as XRP's price fell from above $3 to near $1.20, ...

Technical Signals
Bullish
5 hours ago
BOJ hikes rates to 1%, highest in 31 years, risking 20-30% crypto declines if JPY strengthens.

BOJ hikes rates to 1%, highest in 31 years, risking 20-30% crypto declines if JPY strengthens.

The Bank of Japan raised interest rates to 1%, the highest level since 1995, marking a significant shift from its ultra-easy monetary policy. This move could strengthen the Japanese Yen and increase borrowing costs, potentially causing a 20-30% decli...

Market News
Bearish
6 hours ago
XRP Ledger removes Ripple name in update as whales hold 74% of XRP supply

XRP Ledger removes Ripple name in update as whales hold 74% of XRP supply

The XRP Ledger has officially removed the Ripple brand from its core code, renaming the main program from "ripple daemon" to "xrpl daemon" to emphasize its independence from the Ripple company. This change aims to clarify the network's decentralized ...

Protocol Fundamentals
Bullish
8 hours ago
banner-footerbanner-footer

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