$XRP / USDT – May 03, 2025 | Market Snapshot

Category: Layer 1

Current Price: $2.19 (▼ -1.27%)

24H Price Range:

High: $2.2411 | Low: $2.1829

Volume: 66.40M XRP (~$146.94M USDT)

Price Analysis & Key Levels

Resistance: $2.24 / $2.31

Support: $2.18 / $2.12

VWAP: ~$2.22 (XRP trading below VWAP suggests a short-term bearish bias, but not decisively)

Fibonacci Levels (Recent Move):

0%: $2.18

50%: $2.21

100%: $2.24

Volatility Meter (14-day ATR): $0.06

Expected Swing Range: $2.13 – $2.25

Scenarios to Watch

Bullish Setup:

A clean break and hold above $2.24 could ignite momentum toward $2.31.

A solid bounce from $2.18 backed by volume may quickly retest $2.21.

Bearish Setup:

Slipping below $2.18 opens the door to $2.12.

Repeated rejection near $2.24 could empower sellers to press lower.

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Trading Playbook

Spot Strategy

Buy Zone: $2.12–$2.18

Target: $2.24 / $2.31

Stop-Loss: $2.09

Futures Strategy

Long Setup:

Entry: $2.19

Targets: $2.24 / $2.31

Stop-Loss: $2.14

Short Setup:

Entry: $2.24

Targets: $2.18 / $2.12

Stop-Loss: $2.29

Quick Insight

With XRP consolidating in a tight range between $2.18–$2.24, the market is winding up for its next move. Volume is thinning, hinting at an explosive breakout or breakdown on the horizon. Stay alert — when this coil snaps, it could be fast and sharp.