XRP Slips Under $1.30 as Levi Rietveld Points to SEC, Fed Liquidity Talk
XRP fell more than 3% in a day to $1.29, breaking below the $1.30 area that had acted as support during the current corrective phase. Levi Rietveld said on May 26, 2026 that "the SEC is doing it", while arguing the Federal Reserve is preparing an initial $7 billion injection next week to start a quantitative easing cycle. Technically, the drop below $1.30 is framed as a breakdown that could expose $1.20 and potentially $1.10 if selling pressure persists.