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XRP tests $1.31 support amid oversold signals, with a break risking further losses in a broader downtrend.

Technical Signals
23 May 2026
Tokenpost
View Source
Neutral
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XRP is trading near $1.33, struggling within a broader downtrend and testing critical support around $1.31. Technical indicators like the RSI suggest oversold conditions, raising the possibility of a short-term rebound, but the token remains below its 200-day moving average, signaling persistent bearish momentum. Analysts highlight that holding above $1.31 could stabilize XRP and lead to a bounce toward $1.42–$1.45, while a break below this level may accelerate declines toward $1.28 or lower. The market is currently range-bound between $1.31 support and $1.38 resistance, with the next move dependent on which level breaks first.

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