openPR Logo
Press release

XRP Drops 4% below $1.30. What is next?

05-29-2026 05:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Minotaurus

/ PR Agency: Phoenix Agency

XRP lost another major support level after high-volume selling accelerated late in the session, keeping focus on whether the months-long compression structure is now breaking lower.

RP finally slipped below the $1.30 area holders had been defending for months, and the move came with enough volume to matter. The market had already been weakening beneath resistance near $1.35, but once support gave way, sellers pushed price lower quickly before dip buyers stepped in near session lows.

News Background

XRP derivatives positioning continued cooling during the session, with falling open interest signaling weaker holder conviction across futures markets. Analysts also kept pointing to a symmetrical triangle structure that has compressed XRP price action since early 2025, with the market now nearing the apex of that range.

On-chain data still showed XRP leaving exchanges, a pattern some holders continue interpreting as longer-term accumulation despite the short-term weakness.

Price Action Summary

XRP fell from $1.3267 to $1.2993 during the 48-hour session, briefly dropping as low as $1.2931. The sharpest selling came during the May 27 23:00 UTC session, when 64M XRP was as price broke below support near $1.3150. XRP later staged a short-term rebound from session lows, recovering back toward the $1.30 area into the close.

What holders should watch

$1.30 becomes the immediate recovery level XRP needs to reclaim to stabilize short-term momentum. Failure to hold above recent lows increases the risk of a deeper move toward the mid-$1.20s and potentially the $1.10 area highlighted by several analysts. The longer XRP holders near the bottom of its compression range, the higher the odds the eventual breakout resolves lower rather than higher.

Forget XRP: This Altcoin Holds High Potential

Meanwhile, recent research has filtered the noise and identified Minotaurus (MTAUR) (http://minotaurus.io/insight/709bbc53c4bb474abd2f485a2924d7ac) as the next promising coin that could potentially offer outsized upside.

Minotaurus has shown all the promising signs of a must-have token, with massive adoption and bullish momentum backing its rise to the limelight. The perfect choice of a low-cost and effective blockchain, the casual gaming niche, and real-world utility has distinguished it as one of the top contenders for insane upsurges this cycle.

MTAUR is the native token of Minotaurus, a blockchain-based game in which players explore intricate mazes, battle enemies, and collect treasures. By combining engaging gameplay with blockchain technology, the project has captured the attention of both crypto enthusiasts and casual gamers.

Currently selling at around 0.00012769 USDT, Minotaurus offers not just a fair entry point but also an affordable price for accumulation, given its future trajectory. Further backed by its buzzing community and clear use case, MTAUR could replicate the early success of Bitcoin and XRP.

A Small Allocation to MTAUR Could Make a Meaningful Difference

It bears mentioning that Minotaurus's affordable entry price (http://minotaurus.io/insight/709bbc53c4bb474abd2f485a2924d7ac) makes it particularly attractive. If the token reaches the heights market watchers expect, this bargain price could turn meager inputs into good benefits.

For instance, one can acquire 783,000 MTAUR with 100 USDT at the current market price. Let's assume that MTAUR hypothetically rallies by over 52,000%, similar to how XRP did from its all-time low, the stash would turn into 52,100.

Now, imagine buying 1,000 USDT or 10,000 USDT worth of MTAUR at the current price, and it allegedly mirrors XRP's all-time rally.

Phoenix Media Limited
Victoria, Mahe
Republic of Seychelles

Press contact: PR Department (pr@minotaurus.io)

Web3 PR Agency that helps projects grow, launch, and get noticed. PR for Web3 startups, DAOs, and token launches.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release XRP Drops 4% below $1.30. What is next? here

News-ID: 4531601 • Views:

More Releases from Minotaurus

Bitcoin News
Bitcoin News
One fund manager has issued a stark warning: Bitcoin's ongoing selloff may deepen as upcoming U.S. Treasury operations are expected to drain roughly $150 billion in liquidity from the financial system. "In my experience, Bitcoin tends to be a better liquidity indicator than most other instruments. If the Treasury settlements are a drain on liquidity, then Bitcoin could be heading much lower," said Michael Kramer, founder and CEO of Mott Capital
Strive (ASST) Buys 1,109 Bitcoin
Strive (ASST) Buys 1,109 Bitcoin
Strive (ASST) added 1,109 bitcoin to its balance sheet last week, lifting total holdings to 16,500 BTC and placing the firm among the largest public corporate holders of the asset. The purchases took place between May 19 and May 22 at an average price of $76,989 per coin, bringing Strive to seventh place among listed companies with bitcoin treasuries. The move continues a strategy that ties equity growth to direct exposure
Bitcoin Clings To $75,000 Support
Bitcoin Clings To $75,000 Support
The market is at a critical point, with bitcoin priced close to the $75,000 level of support after failing to break through $78,000 on Tuesday. Bitcoin dropped 1% over the last 24 hours as open interest climbed to 740K BTC from 704K BTC, a combination that typically confirms a price downtrend. The negative 24-hour cumulative volume delta (CVD) shows holders are aggressively shorting via market orders while funding rates remain neutral. Bitcoin's
Holders Watch Bitcoin 'Golden Cross'
Holders Watch Bitcoin 'Golden Cross'
Bitcoin slid to $75,498 in Asian hours Tuesday, leaving markets out of step with the equity rally that pushed global stocks to record highs overnight. What holders are now watching is a setup forming on the bitcoin chart. Spot bitcoin ETFs in the U.S. saw $1.74 billion in withdrawals over the past two weeks, per CryptoOnchain. Retail holders have been adding leverage in the meantime, a combination that has historically preceded

All 5 Releases


More Releases for XRP

XRP Price Prediction: XRP at $1.42 After Commodity Ruling But AlphaPepe 1B Suppl …
XRP is trading at $1.42 after spiking to $1.60 on the SEC's landmark commodity classification, then falling 13% in a week as the Federal Reserve raised its inflation forecast and broader market weakness erased the regulatory gains. The March 17 ruling ended five years of legal limbo, positioning XRP alongside Bitcoin and Ethereum under CFTC oversight and triggering $1.44 billion in cumulative ETF inflows. But the commodity status has not
XRP Kurs Analyse: Bricht XRP den Februar-Fluch 2026? Warum Pepeto der beste Pres …
XRP hat in 7 von 11 Februaren seit 2014 Verluste verzeichnet, mit einem durchschnittlichen monatlichen Rückgang von 3 Prozent. Die schlimmsten Monate sahen verheerende Einbrüche von 33,4 Prozent im Februar 2014 und 22,1 Prozent im Februar 2018. Dieses Jahr sieht noch schlimmer aus. XRP ist diesen Monat über 30 Prozent abgestürzt und berührte 1,11 Dollar, bevor es sich auf etwa 1,40 erholte. Die Frage jetzt ist, ob der Schaden getan
Ripple (XRP) Price Prediction: XRP Prognosis until 2026 and Further
The native token of Ripple, XRP, is still among the most explained digital assets in the cryptocurrency market that has good community participation and institutional and sustained interest that has defined its market story. As of early 2026, XRP remains in a dynamic range and thus a fresh analysis of its possible price movement can be done as far as the second quarter of 2026 and even later. Market participants have
XRP (XRP) Price Prediction: PEPENODE Rises as XRP Stalls
XRP's recent price action shows clear signs of stagnation as market attention shifts toward high-beta presales. Bitcoin sits near $86,700 with a market cap around $1.73 trillion and BTC dominance close to 60%, drawing liquidity away from altcoins. The Altcoin Season Index remains low at roughly 24, and total altcoin capitalization has slid from about $1.79 trillion to $1.35 trillion. Against that backdrop, traders are rotating capital into early-stage plays. PEPENODE
XRP Price Prediction: Maxi Doge (MAXI) Captures XRP Holder Attention
Dogecoin's move into a bearish phase has reshaped risk flows across meme tokens. DOGE fell through the $0.15 zone toward $0.138, slipping under key moving averages as volume and trader enthusiasm waned. That pullback often creates a capital vacuum that reallocates into newer, higher-beta narratives. One beneficiary is Maxi Doge (https://maxidogetoken.com/), whose MAXI presale has raised more than $4.1 million so far. Launched at an early-stage price near $0.000269 and capped
XRP News Today: Greyscale XRP ETF Approved; Remittix Set To Rally 20x Off The Ba …
In today's rapid-paced crypto markets, not many pieces of news create such buzz as XRP News Today. The approval of a Greyscale XRP ETF has placed Ripple's native cryptocurrency firmly back at the center of attention, with traders anxiously waiting to see what that can do for liquidity and adoption. The ETF is being viewed as a giant step towards institutional access, and there are some who believe it can