XRP Price Prediction: Critical $1.33 Support Test Could Trigger Run to $1.60
The post XRP Price Prediction: Critical $1.33 Support Test Could Trigger Run to $1.60 appeared on BitcoinEthereumNews.com. James Ding May 31, 2026 07:08 XRP trades in a compressed range near $1.34 with bearish technical alignment, but defending the $1.33 support zone could spark a reversal targeting the $1.60 resistance level. Market Context: Compression Before Breakout XRP remains trapped in a narrow trading band around $1.34-$1.35, sitting below most major moving averages in a pattern that suggests institutional distribution. The token’s position below the 20-day and 50-day SMAs while holding above short-term support creates a setup primed for directional movement. Blockchain.news analysis shows this type of compression often precedes significant price moves as smart money accumulates positions before the next major swing. The current range-bound action masks underlying tension between buyers defending support and sellers pressing against resistance, creating condit