🚀 XRP: Awaiting a breakout or correction?


As of May 5, 2025, XRP is trading around $2.18, showing a slight decline amid the overall correction in the crypto market.


🔍 Key levels:




  • Resistance: $2.22




  • Support: $2.05businesstoday.com.my+3changelly.com+3Colitco+3Colitco+1binance.com+1




Technical analysis indicates a decrease in momentum and a possible continuation of correction.


📰 Fundamental factors:




  • The potential acquisition of Circle by Ripple could strengthen XRP's position in the global financial system.




  • The recent unlocking of 1 billion XRP has raised concerns about price pressure due to increased supply.




📈 Analyst forecasts:


Some experts predict a potential decline of XRP to $1.72 by the end of May, considering the current market conditions. CryptoRank+1Watcher Guru+1



📌 Conclusion:

XRP is in a phase of uncertainty, and the coming days could be crucial in determining the further direction of price movement.




#XRP #Ripple #Circle #Cryptocurrencies #CryptoNews #Altcoins #Blockchain #Investments #Finance #CryptoMarket #Forecast #Analytics #CryptoNews #CryptoTrading


$XRP