coinpedia 2025-05-22 03:22:07

XRP Price Prediction Today

The post XRP Price Prediction Today appeared first on Coinpedia Fintech News XRP’s price action has remained fairly quiet in recent days, but there are some important levels and scenarios that could come into play. The market is currently at a critical point, and how XRP behaves around these key support and resistance levels could shape it’s next move. Approaching a Key Support Level On the daily time frame, XRP is getting very close to breaking below an important support zone between $2.30 and $2.34. If the price closes a daily candle under $2.30, it could open the door for a further drop, falling back toward the $2.10–$2.15 range. Despite this risk, the overall daily price structure for XRP remains bullish. The market has continued forming higher lows and higher highs, which is typically a healthy sign during an uptrend. However, temporary pullbacks and sideways moves are common even in bullish trends. On the upside, a clear break above the $2.48–$2.61 resistance range is needed to confirm a meaningful bullish breakout and signal the start of a larger move higher. At the time of writing, XRP is trading at $2.40 and is up by more than 1% in the last 24 hours. Short-Term Struggles Continue XRP is still under the influence of a bearish divergence. As a result, XRP is struggling to move higher and remains stuck within a range. The market has yet to see a clear breakout in either direction.. Right now, XRP’s price is caught between support and resistance. Both bullish and bearish possibilities remain on the table. A small bounce into the resistance zone is possible in the short term, but unless the price breaks through those upper levels, the overall market picture won’t change much. It’s also important to keep an eye on Bitcoin’s price action since it continues to influence the broader altcoin market, including XRP. However, Bitcoin has crossed above $110k level and it remains to be seen if altcoins will also rally. Short-Term Outlook At the moment, both potential scenarios for XRP remain valid: In the bullish case, XRP might see a short-term rally into resistance, followed by a brief correction, and then continue higher. In the alternative, XRP could start a direct rally from current support levels if buyers step in.

Meist gelesene Nachrichten

Why Are Bitcoin Traders Aggressively Shorting...
2025-05-22
The Best Of The Altcoins This May: SOL, SHIB,...
2025-05-22
Trump Adviser David Sacks Says Stablecoin Bil...
2025-05-22
SUI DEX Cetus Hacked — $11M Drained, Tokens C...
2025-05-22
Kazakhstan to allow crypto exchanges to deal...
2025-05-22
AVAX soars 10% as FIFA taps Avalanche to powe...
2025-05-22
The Rise of Bitcoin: From Pizza to a Billion-...
2025-05-22
From PEPE to Billions: meet crypto’s boldest...
2025-05-22

Ähnliche Neuigkeiten

Cetus Loses Over $260 Million in Major Hacker Atta...
22 May 2025
Crypto Whale Sells 2,500 ETH Ahead of Rally, Faces...
22 May 2025
Top 5 Altcoins to Buy As Bitcoin Hits New ATH!
22 May 2025
Dubai Approves Real-World Asset Tokenization for S...
22 May 2025
Whale buys back ETH holdings after losing $2.6M by...
22 May 2025
69,461 People Impacted by Coinbase Data Breach, Ex...
22 May 2025

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen