#BitNervousSituation

$XRP May 5 Price Target Shows Downward Pressure

The short-term XRP trading outlook appears increasingly bearish, with the Ripple prediction for 5 May targeting approximately $2.12, representing, at this point, a concerning 5.05% drop from current levels. Futures open interest decreased by about 4% following the liquidation event, indicating traders are either reassessing risk or perhaps exiting positions amid all this uncertainty.

“XRP is predicted to drop by -22.45% and reach $1.72 by May 31, 2025. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 53 (Neutral).”

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