$XRP

**Short-term price predictions for XRP starting today

The **XRP** cryptocurrency is currently experiencing sharp fluctuations, trading around the **$2.17** level, with difficulty maintaining a sustainable upward trend due to a decline in network activity and the number of daily active addresses, which has dropped from 612,000 in March to around 40,000 addresses, reducing liquidity and putting pressure on prices. However, an increase in whale holdings (those holding between 10 million to 1 billion XRP) indicates an improvement in sentiment, which may support attempts to rise towards **$3.00**.

Technically, XRP faces strong resistance at **$2.36** (50-day and 200-day moving averages), and if broken with increased trading volume, it could head towards **$2.50** then **$3.00**. Conversely, Elliott wave analysis indicates a potential temporary drop to **$2.106** during the current corrective wave. Additionally, the **MACD** shows a bearish signal, while the **RSI** is approaching the oversold zone, which may enhance short-term correction opportunities.

Influencing factors include developments in the lawsuit with the **SEC**, and a potential approval of **ETF funds** for XRP by May 22, which could trigger a sudden rise similar to Bitcoin's after the 2024 approval. Nevertheless, traders are advised to exercise caution due to sharp fluctuations and a decline in open interest in derivatives, reflecting investor conservatism.