{"id":49478,"date":"2026-05-28T11:36:05","date_gmt":"2026-05-28T11:36:05","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/05\/28\/heres-why-the-xrp-price-is-in-a-deep-dive-today\/"},"modified":"2026-05-28T11:36:05","modified_gmt":"2026-05-28T11:36:05","slug":"heres-why-the-xrp-price-is-in-a-deep-dive-today","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/05\/28\/heres-why-the-xrp-price-is-in-a-deep-dive-today\/","title":{"rendered":"Here\u2019s why the XRP price is in a deep dive today"},"content":{"rendered":"
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XRP price crashed below a crucial support level today, May 28, as liquidations in the crypto industry. It also plunged amid the ongoing US-Iran tensions, and as investors rotated to the fast-growing space and artificial intelligence industries. Ripple dropped to $1.2723, its lowest level since February.<\/p>\n

XRP price crashes as ETF inflows stall<\/h2>\n

Ripple’s price retreated sharply, mirroring developments in the broader crypto industry<\/a>. Bitcoin, the biggest coin, dropped below $73,000, while the valuation of all tokens plunged by over 3%.<\/p>\n

Data shows that demand for XRP ETFs has slowed. These funds had no inflows or outflows on Wednesday. That is better than Bitcoin, which suffered a $700 million outflow on the same day.<\/p>\n

Still, on the positive side, these funds are having their best month so far this year as they added over $118 million in assets. Before that, their best month was in November last year when they added $666 million in assets. <\/p>\n

US-Iran tensions are rising<\/h2>\n

XRP token price is falling today as tensions between the US and Iran continue<\/a>. The US launched some attacks against Iranian targets overnight. This happened two days after the military launched similar attacks. Iran, which is keen to have a deal with the US, retaliated by shooting down a US drone. <\/p>\n

Analysts warn that its patience will end and push it to respond in a more aggressive manner. Such a move will lead to more fighting, driving crude oil prices higher in the near term.<\/p>\n

These events are happening as the US and Iran continue their negotiations. In a statement last week, President Donald Trump said that a deal between the two was largely negotiated. <\/p>\n

Still, there are chances that the two sides will not launch a 60-day ceasefire as Trump is under political pressure from his allies. Senators Ted Cruz, Lindsey Graham, and Roger Wicker have pushed Trump to \u201cfinish the job.\u201d A return to war would push energy prices higher and boost the possibility that the Federal Reserve will hike interest rates.<\/p>\n

On the positive side, XRP price has some highly bullish catalysts. For example, Ripple USD (RLUSD) stablecoin has attracted over $1.8 billion in assets, making it the third-largest regulated coin after USDC and PYUSD. <\/p>\n

Data shows that RLUSD holders have continued to use their tokens. Artemis data show that $697 million of these tokens is in the XRP Ledger, while the rest is in Ethereum. Also, the 30-day adjusted transaction volume jumped to over $11.8 billion. <\/p>\n

XRP price technical analysis<\/h2>\n
<\/figure>\n

Ripple price chart | Source: <\/em>TradingView<\/em><\/a><\/p>\n

The daily chart shows that the Ripple price has slumped in the past few days, moving from a high of $1.5485 on May 14 to the current $1.2800. It has moved below the key support level at $1.2810, its lowest level in February and April this year.<\/p>\n

The coin has slumped below all moving averages, a sign that bears remain in control. Also, the Relative Strength Index (RSI) and the MACD have continued pointing downwards.<\/p>\n

Therefore, there is a likelihood that the XRP price will continue falling, potentially to the key support level at $1.1200, its lowest point in February this year. On the other hand, a move above the key resistance level at $1.3600 will invalidate the bearish outlook.<\/p>\n

The post Here\u2019s why the XRP price is in a deep dive today<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

XRP price crashed below a crucial support level today, May 28, as liquidations in the crypto industry. It also plunged amid the ongoing US-Iran tensions, and as investors rotated to the fast-growing space and artificial intelligence industries. Ripple dropped to $1.2723, its lowest level since February. XRP price crashes as ETF inflows stall Ripple’s price <\/p>\n","protected":false},"author":1,"featured_media":49479,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-49478","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world"],"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=49478"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/49479"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=49478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=49478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=49478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}