2026-05-28 09:43:34
XRP Price Falls Below $1.30, But Expert Says Something “Is Happening, The SEC is Doing it”
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XRP price is falling, with more than 3% drop in a day as it is trading at $1.29. The $1.30 support zone, long treated as the floor of this corrective cycle, has cracked under sustained selling pressure. But at least one analyst thinks the real story isn’t on the XRP chart at all, it’s in Washington. Finance expert Levi Rietveld went viral this week after posting on X: “I TOLD YOU XRP FAM!!!! ITS HAPPENING!!!! THE SEC IS DOING IT!!!,” attaching a video in which he argued the Federal Reserve is preparing to inject an initial $7 billion into the economy next week as the opening move of a quantitative easing cycle. I TOLD YOU $XRP FAM!!!! ITS HAPPENING!!!! THE SEC IS DOING IT!!! pic.twitter.com/Pe8dwhUo4o — Levi | Crypto Crusaders (@LeviRietveld) May 26, 2026 Rietveld contends that coordinated liquidity expansion across the U.S., China, and Europe would dramatically expand global M2 money supply, pushing capital into risk assets, including crypto. When more dollars circulate, investors chase yield further out on the risk curve. Whether or not the Fed delivers, XRP’s price structure has deteriorated meaningfully over the past 48 hours. Discover: The Best Crypto to Diversify Your Portfolio Can XRP Price Reclaim $1.35? The 89% bearish sentiment reading, paired with an Extreme Fear score of 25 on the Fear & Greed Index, captures the mood precisely. XRP has shed 10% over the last 2 weeks and sits a long way from its $3.65 peak. Trading volume has jumped to above $2 billion, but mostly coming from sellers dumping the coin. Technically, XRP has broken down from a triangle/pennant formation, lost the $1.35 pivot, and is now falling from the $1.30–$1.32 demand zone that previously launched a strong upside impulse. The 50-day moving average is declining, and the price is printing lower lows in a classic bearish market structure. Xrp (XRP) 24h 7d 30d 1y All time $1.30 is the neckline of a head-and-shoulders pattern, a close below that level could trigger an 18% measured move toward the $1.12–$1.20 area, and it’s now happening. If today closes below $1.30, this would likely confirm a prolonged breakdown, opening downside targets at $1.20 and potentially $1.10 if selling accelerates. Discover: The Best Token Presales Bitcoin Hyper Attracts Rotation Capital Watching a position bleed 10% in a month has a way of clarifying priorities. For traders reassessing exposure at current XRP levels, where upside to meaningful resistance at $1.60 is roughly 20% and downside risk to $1.10 is just as wide, the risk-reward calculus looks uncomfortably symmetrical. That’s the moment early-stage infrastructure players start attracting attention. As XRP struggles to recover, capital is visibly rotating into higher-beta opportunities. Bitcoin Hyper ($HY PER) is one presale drawing that flows. It positions itself as the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, delivering sub-second finality and low-cost smart contract execution on top of Bitcoin’s security layer, targeting performance metrics that exceed Solana. The presale has raised $32 million at a current token price of $0.0136 , with a huge 36% APY staking rewards active for early participants. The Decentralized Canonical Bridge enables native BTC transfers into the ecosystem without wrapped-token counterparty risk. Research Bitcoin Hyper before the current presale stage closes. The post XRP Price Falls Below $1.30, But Expert Says Something “Is Happening, The SEC is Doing it” appeared first on Cryptonews .