XRP is holding firm just above its rising trendline support, currently consolidating near $2.08. Price action on the daily chart suggests buyers are gradually regaining control after a multi-week correction. XRP is trading between support at $2.05 and resistance at $2.23—which also aligns with the 50-day EMA ($2.21). This area remains a critical pivot. The trendline from March lows around $1.61 continues to act as a solid base for higher lows. A clean breakout above $2.23 could open the path toward $2.33, followed by $2.58. However, if $2.05 fails to hold, the bullish structure may break down in the short term. MACD Crossover Hints at Reversal; XRP to Rise? The MACD just flipped bullish, with the MACD line crossing above the signal line—marking a green histogram for the first time in weeks. Key Levels to Watch: RSI: Neutral, trending upward Resistance: $2.23 (50 EMA), $2.33, $2.58 Support: $2.05, $1.92, $1.78 MACD: Bullish crossover confirmed The Relative Strength Index (RSI) hovers just below 50, reflecting neutral conditions and room for upside. A close above $2.23 would likely push RSI into bullish territory, confirming renewed momentum. Ripple ETF Buzz Fuels Long-Term Bull Case; XRP Supported Beyond charts, the narrative surrounding XRP continues to strengthen. Anticipation over a potential Ripple ETF approval has attracted investor interest, with projections of over $8 billion in inflows if greenlit. The decision is expected by May 22, and any sign of approval could catalyze a surge in demand, sending XRP toward the $6–$15 range over the coming months. Prediction: Ripple Case Over By May & XRP ETFs Approved 1st (Includes Paid Promotion) pic.twitter.com/BNikwByzfO — Digital Asset Investor (@digitalassetbuy) April 17, 2025 The Teucrium leveraged XRP ETF has already raised $27M, hinting at real appetite among funds. All eyes are on the May 22 SEC decision—a pivotal date for XRP. In Summary: XRP is coiling above trendline support and needs to clear $2.23 to extend gains. MACD has flipped bullish, and RSI is showing early signs of a shift. Institutional narratives and ETF anticipation provide strong fundamental backing. Watch for a daily candle close above $2.23 with strong volume to confirm breakout. Bottom Line: If bulls hold the $2.05–$2.08 zone, the next leg higher may be just around the corner. $SUBBD Token: Your VIP Pass to the Future of AI-Powered Content The content creator economy is worth $85B—and $SUBBD is aiming to flip it on its head. Backed by over 2,000 top-earning creators and 250M+ followers, SUBBD lets creators keep more of their revenue and gives fans direct access to exclusive, AI-powered experiences. Whether you’re a creator or a fan, $SUBBD is your all-access token: Stake for 20% APY and unlock daily rewards Access exclusive content, discounts, and livestreams Mint your own AI influencer—or support one Use crypto with zero payment restrictions With $197K+ already raised and the presale ending soon, now’s your chance to buy before the next price jump. SUBBD doesn’t just pay creators—it empowers them with AI tools, community governance, and real ownership. The post Is XRP About to Break Out? MACD Flip Sparks Fresh Bullish Speculation appeared first on Cryptonews .
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