XRP Rallies as Buyers Protect Critical Technical Zone

XRP Remains Resilient Amid Macro Turbulence, Retains Bullish Structure Above 50-Day SMA

As global economic uncertainty and trade tensions continue to shake risk markets, XRP is proving to be a standout among major digital assets, holding steady above its 50-day simple moving average (SMA) despite a sharp, temporary drawdown in market capitalization.

The token’s market cap swung from $137.5 billion down to $133.39 billion before recovering to $135.86 billion — a near-$4 billion fluctuation — underscoring the volatility that continues to define crypto trading under current macro conditions.

Yet, XRP’s technical posture remains constructive. The asset is firmly above the 50-day SMA at $2.26, a level that continues to act as a key anchor of support.

Key Technical Developments

Daily Range: XRP moved within a 3.56% band between $2.275 and $2.356.
Volume Spike at Support: The $2.275 support zone was validated by a 71.18M volume spike around 01:00 on May 27.
Sideways Action: Following the bounce, XRP consolidated in a narrow band, absorbing early selling pressure.
Afternoon Rally: A second major volume injection of 74.36M at 13:00 drove a rally toward session highs.
Resistance Level: Sellers remain concentrated around $2.355–$2.356.
Confirmed Support Zone: Strong buyer interest was recorded in the $2.275–$2.290 region.
Short-Term Surge: The price surged from $2.330 to $2.356 between 13:08 and 13:18.
Momentum Volume: A volume burst of 6.28M at 13:13 confirmed bullish momentum.
Minor Retracement: A brief dip to $2.324 was met with renewed bids, leading to a late-session rebound.
Trend Confirmation: A rising channel is developing, supported by higher lows, indicating sustained bullish interest.

XRP’s ability to absorb heavy selling pressure and maintain technical structure suggests it may be poised for further upside if broader market conditions stabilize. Traders are eyeing a breakout above the $2.356 resistance as a potential catalyst for the next leg up.