XRP fell after failing attempts to hold above $1.3720, thus extending losses below $1.3620 and $1.3600. The token also moved under $1.3550 and briefly dropped below the 50% Fibonacci retracement level from $1.30 to $1.3740.
The XRP/USD pair now trades below $1.3520 and the 100-hour Simple Moving Average. A bearish trend line also forms near $1.360 on the hourly chart. If XRP tries to recover, it may first face resistance near $1.350. The next major barrier sits near $1.3560, followed by $1.3600.
A clear move above $1.360 could send the price toward $1.3720 and then $1.3750. The next major hurdle for bulls sits near $1.380.
Fear spread quickly across the XRP community. Santiment said XRP social sentiment entered the 'FUD zone' for the first time in three weeks. It reported that the ratio of bullish to bearish comments fell to 1.1 positive comments for each bearish comment on May 25. That shift marked a sharp drop in trader confidence.
Santiment said similar fear spikes have often appeared near local bottoms before rebounds.
Santiment also reported stronger XRP wallet growth in May. The network added thousands of new wallets within 24 hours, which marked one of the strongest spikes of 2026. The firm linked that growth with several ongoing catalysts. These included Ripple ecosystem expansion, anticipation around the CME XRP futures launch on May 29, and continued institutional interest in crypto infrastructure.
Traders also watch resistance between $1.40 and $1.48. On the downside, $1.330 serves as initial support, while $1.3280 stands as the next major level. If XRP breaks below $1.3280, the price could slide toward $1.3175. Further losses may open the path to $1.3120, $1.3050, and then $1.30.
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At the time of writing, XRP traded near $1.34. The token was down about 0.8% over the past 24 hours as broader crypto weakness continued.
XRP price slipped below key support after failing to hold above $1.3720, while Santiment reported rising fear and a move into the FUD zone. Even so, wallet growth and upcoming Ripple-linked catalysts keep traders watching for a possible rebound if support holds.