--- title: "XRP Faces Bearish Pressure as Smart Money Exits" type: "News" locale: "en" url: "https://longbridge.com/en/news/286952082.md" description: "XRP's price is currently 1% above the lower boundary of a rising channel, facing bearish pressure after smart money exited on May 17. This has led to bearish signals, including a drop in the Smart Money Index and a potential bearish crossover of EMAs. Whales are reducing holdings, and retail selling is evident. A close below $1.36 may confirm a breakdown, possibly leading to a decline to $1.27." datetime: "2026-05-19T17:57:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286952082.md) - [en](https://longbridge.com/en/news/286952082.md) - [zh-HK](https://longbridge.com/zh-HK/news/286952082.md) --- # XRP Faces Bearish Pressure as Smart Money Exits XRP's price is precariously positioned just 1% above the lower boundary of a three-month rising channel, following a significant exit by smart money on May 17, according to BeInCrypto. This exit has triggered a series of bearish technical signals, reminiscent of a similar event in late April that led to a 7% price drop. The Smart Money Index fell below its signal line, and the 20-day EMA is nearing a bearish crossover with the 50-day EMA, indicating potential short-term bearish momentum. Additionally, XRP whales have been reducing their holdings since May 12, while exchange inflows suggest retail investors are also selling. A daily close below $1.36 could confirm a breakdown, potentially leading to a further decline to $1.27. ### Related Stocks - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [MARA.US](https://longbridge.com/en/quote/MARA.US.md) - [RIOT.US](https://longbridge.com/en/quote/RIOT.US.md) - [HUT.US](https://longbridge.com/en/quote/HUT.US.md) - [ABTC.US](https://longbridge.com/en/quote/ABTC.US.md) - [BITF.US](https://longbridge.com/en/quote/BITF.US.md) - [GLXY.US](https://longbridge.com/en/quote/GLXY.US.md) - [BLOK.US](https://longbridge.com/en/quote/BLOK.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [GSOL.US](https://longbridge.com/en/quote/GSOL.US.md) - [BLCN.US](https://longbridge.com/en/quote/BLCN.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) ## Related News & Research - [Hut 8 Commits $16 Million to Expand Water Infrastructure in West Feliciana Parish | HUT Stock News](https://longbridge.com/en/news/286894933.md) - [Bit Digital reports Q1 results](https://longbridge.com/en/news/286510331.md) - [THORChain Price Outlook: Panic or Opportunity After RUNE Crashes 30%?](https://longbridge.com/en/news/286643134.md) - [Hut 8 Director Sold Shares Worth Over $3.6M](https://longbridge.com/en/news/286330314.md) - [Hana Bank acquires $670 million stake in Upbit parent Dunamu](https://longbridge.com/en/news/286504088.md)