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coinpedia 2025-05-26 01:46:18

XRP Price Prediction For May 26

The post XRP Price Prediction For May 26 appeared first on Coinpedia Fintech News The price of XRP has been moving quietly without any big changes over the past few days. On the daily chart, XRP recently dropped below an important resistance level at $2.34. Right now, it’s finding some support around $2.30, but it keeps struggling to climb back above $2.34, which has turned into a new resistance point. If the price can break and stay above this level, the next targets would be around $2.44, and then a stronger resistance between $2.55 and $2.62. For now, the market is still within a bullish trend, meaning it’s making higher lows and higher highs — but a proper bounce is needed soon to keep that uptrend going. There’s also a chance that XRP is forming an inverse head and shoulders pattern on the daily chart. If this pattern completes and the price breaks above $2.62, it could push XRP to new highs, possibly even beyond $3. However, this pattern is not confirmed yet — it still needs to form the right side of the pattern and break above key resistance levels. Short-Term Market Movement The price has been stuck between $2.15 and $2.31 with no strong move either way. A small five-wave drop was seen from Friday’s high, but it hasn’t led to a bigger price drop. As long as the market stays below $2.43–$2.44, there’s still some downward pressure. If XRP drops further, key support levels to watch are around $2.15 and $1.95. However, this pullback looks more like a healthy correction rather than the start of a major downtrend. What’s the Bigger Picture? Even with this short-term weakness, the overall market structure still supports a bullish outlook. There was a clear five-wave move up from the April low to May 12, and now the market seems to be going through a normal pullback phase. As long as XRP stays above the important support at $1.79, the long-term bullish trend remains safe.

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