$XRP As of May 10, 2025, XRP is trading around $2.41, showing signs of consolidation within the range of $2.15–$2.41. Analysts note that moving above $2.41 may signal a bullish trend, while falling below $2.15 indicates a bearish sentiment.

Technical analysis of XRP

Moving Averages

50-day EMA: XRP is approaching the resistance level around $2.21, where the 50-day and 100-day exponential moving averages intersect. A breakout above this level may lead to a rise to $3 — a level not seen since early March.

200-day EMA: On the daily chart, the 200-day EMA is trending upwards and is below the current price, which may serve as a support level in subsequent interactions.

Relative Strength Index (RSI)

Current RSI: Within the range of 30–70, indicating a neutral trend. The absence of divergences suggests stability in the current movement.

Support and resistance levels

Resistance: $2.21 (intersection of the 50-day and 100-day EMA), $2.42 (recent high), $3.00 (psychological level).

Support: $2.15 (lower boundary of the current range), $2.08 (recent low), $1.89 (key support level).

Recommendations

Monitoring key levels: Pay close attention to the level $2.21; surpassing it may signal the beginning of a new upward trend.

Market sentiment assessment: The fear and greed index at 73 indicates possible market overheating; be cautious with entries at high levels.

Stay updated: Developments regarding the XRP ETF and the launch of futures may significantly impact the price.