XRP price prediction: Can $1.29 support hold as XRP falls 2.68%?

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XRP slides 2.68% to $1.331 today

Highlights

XRP investment products saw $60.5 million in institutional inflows last week, the largest since late-2025 spot product launches.
Market participants are focused on the upcoming May 27 XRP Ledger upgrade, which has increased governance and event-driven risk attention.
XRP trades below key moving averages with all major technical indicators bearish, suggesting sustained downside with a likely weekly range of $1.29–$1.41.

Institutional inflows surge as network upgrade raises event risk

Institutional inflows into XRP investment products totaled $60.5 million for the week ending May 22, 2026, marking the largest single-week net inflow since the rollout of multiple U.S. spot XRP products late last year; this increase has raised both demand and available liquidity from professional investors. Accompanying these inflows, renewed institutional interest has been evidenced by noteworthy rises in XRP payment flows and capital allocations toward ETF-linked products, highlighting robust transactional engagement. The upcoming XRP Ledger network upgrade scheduled for May 27, 2026, as emphasized by core developer David Schwartz, has also focused market attention on protocol governance and potential short-term event-driven risks. Together, these events have shaped the current backdrop, though price action has remained under broader selling pressure.

Oversold indicators intensify as sellers dominate intraday action

Technically, XRP is trading below its MA-20 ($1.4110), MA-50 ($1.3960), and MA-200 ($1.6928), with immediate resistance defined by the Ichimoku Kijun level at $1.4422. The intraday range spans $1.3272 to $1.3422, and no significant gap was observed at the open. Momentum indicators remain negative, as seen in MACD and ADX readings, while the RSI is at 38.43 and the Stoch RSI and CCI (–142.42) both signal oversold conditions. BBP levels and the Awesome Oscillator further confirm that sellers still dominate the current intraday landscape.

Downtrend extension risk persists as sideways range expected

Over the next five sessions, typical volatility suggests XRP will trade within a $1.29 to $1.41 range, with weekly indicators showing a strong likelihood of further downside pressure. The baseline scenario is for continued sideways movement within this corridor. Should bulls reclaim the Kijun and $1.34 levels, a push toward $1.41 may materialize but is considered a low probability. Conversely, a break below $1.29 would signal an extension of the prevailing downtrend.

Viktoras Karapetjanc, expert at Traders Union, sees XRP at a key juncture despite recent downside. He believes institutional inflows and ETF activity demonstrate growing professional interest and ecosystem strength. Short-term trading remains pressured, but this structural support limits deep losses and underpins the range. "If bulls defend $1.29, the combination of strong fundamentals and renewed institutional demand could help XRP stabilize and work toward higher levels."

Earlier, analysts noted that XRP remained under sustained bearish pressure amid weak technical signals and a cautious institutional backdrop. The latest surge in institutional inflows and heightened focus on the upcoming network upgrade add complexity to the outlook, making downside risk below $1.29 the principal scenario to watch for active traders.

Source of Data: XRP Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.