XRP price is approaching the rebound zone, but the death cross is keeping the bulls on guard

XRP price traded at $1.33 on May 27, down 1.08% over 24 hours. The token moved between $1.32 and $1.36, while the 24-hour trading volume stood at $1.57 billion.

Ripple’s native token (XRP) is ranked fifth by market value, with a market value of $82.39 billion and a fully diluted value of $133.18 billion.

The token also remained weak for long periods. The data showed XRP down 2.53% in seven days and 6.22% in the last month. Over one year, XRP is down 42.04%, while its 200-day moving average stands at 42.87%.

Technical indicators are still showing momentum. The RSI stands near 40.31, below its moving average of 44.83. That keeps XRP in the neutral zone below the oversold zone. Consumers still don’t have clear control.

The MACD also remained below the signal line, with a slightly negative histogram. This points to weak bearish pressure, although not an aggressive selloff. A clean pullback above the signal line would be necessary to show better momentum.

The death cross puts resistance at $1.70 in focus

ChartNerd said that XRP has printed a two-week death cross of the 20/50 EMA, a bearish technical signal that traders are watching. The analyst said that XRP could still meet in the EMA area near $1.70, but warned that such a move will remain under the greatest resistance.

The analyst also pointed to the weekly chart. XRP had printed a similar death cross around the January 2026 low near $2.40. After that, the token made a countertrend rally to the 20-week EMA near $1.50, but saw a rejection in May.

That setup leaves XRP between two narratives. The cross of death indicates stress at high times. At the same time, the price has not yet broken out strongly, which keeps traders focused on whether the support near the current range can hold.

A cautious quote remains important in the setup: “if we don’t go down soon, or if we can witness a rally at these EMAs ($1.70), we remain under major resistance.” That shows why retailers may treat any iteration as a trial, not a confirmed discovery.

MVRV data points to vendor capture

Santiment said that the average XRP trader active in the last 30 days is down 47%. The firm said that XRP’s 30-day MVRV fell to its lowest level since December 2020, suggesting that many short-term traders sold near the bottom or took heavy losses.

That data gives XRP a different setup to chart signals. Deeply negative MVRV readings often occur when fear and frustration are already building. Such times can create back-to-back conditions when a good catalyst enters the market.

Still, Santiment cautioned against reading MVRV as a proven reversal tool. The main line was: “Although weak MVRV readings alone do not guarantee conversion.” That keeps the signal useful, but not conclusive.

The same data also shows why XRP remains closely watched. When many short-term sellers are sitting at a loss, selling pressure can be slow. But the price still needs stronger demand, better volume, and clean momentum before a repeat is more certain.

The entry of ETF keeps the demand of the institution in the face

ETF flows remain one of the strongest supporting stories for XRP. According to SoSoValue data for the May 26 session, XRP ETFs recorded $1.55 million in daily net inflows, increasing cumulative revenue to $1.41 billion, while trading volume remained limited at $13.38 million.

As previously reported, US spot XRP ETFs recorded $25.8 million in daily inflows on May 11, the strongest daily reading since Jan. 5. Franklin Templeton, Bitwise, and Grayscale all posted good flows that day.

Meanwhile, network activity has also improved during that time. Santiment data showed 48,453 active addresses, the highest level since March 30, and 3,317 new network addresses, the highest reading since March 19.

Binance perp activity adds temporary heat

CryptoQuant analyst Arab Chain said that the constant activity of XRP on Binance showed the increasing momentum of speculation. The analyst said that the volume imbalance reached about 0.54, while the Z-score was close to 0.95, indicating activity above its normal average.

The data suggests that traders are entering temporary positions and using more leverage. However, the spot price of XRP did not move with the same strength. It remained close to the $1.34 to $1.45 range during most of the observation period.

That gap is important to traders. Increased perp activity can lead to faster price movements, but it can also increase the risk of liquidation if positions are crowded to one side. XRP requires strong demand to turn speculative activity into pure practice.