XRP Market Analysis – May 2025
XRP is currently trading around $2.17, caught in a tight range between $2.00 and $2.30. Despite broader market strength (e.g., BTC near $99K, ETH toward $1,900), XRP remains stagnant, likely due to persistent distribution from Ripple’s monthly token sales—a factor applying consistent sell pressure.
The token recently broke below a rising channel and has not reclaimed the $2.30 resistance, which remains a key structural level. Until XRP closes two daily candles above $2.30, the upside remains invalidated.
Trade Setup (Short Bias Until Breakout)
Entry (Short): $2.25–$2.30 (if price rejects again at resistance)
Target 1: $2.00
Target 2: $1.85 (if $2.00 fails)
Stop Loss: $2.35 (daily close above this level)
Bullish Confirmation Scenario
Only a strong breakout above $2.30, with two daily candle closes above, would flip sentiment bullish, targeting:
Bullish Target 1: $2.45
Bullish Target 2: $2.70+
For now, XRP remains in distribution mode, and traders should be cautious of false upside moves unless a decisive breakout occurs.
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