$XRP
🚨 XRP Price Forecast Today: Bulls to Target $2.75 if XRP Clears Mid-Keltner Channel 🚨
XRP price is holding firm above $2.44 on May 11, showing resilience after briefly touching an intraday high of $2.48.
Despite a mild 1.2% pullback on the daily close, the structure remains decisively bullish.
XRP trades above the midline of the Keltner Channel at $2.24, which now acts as dynamic support, while the upper band at $2.45 remains within reach, hinting at latent upside pressure.
Notably, the BBTrend oscillator has surged to 6.08, confirming a shift in directional strength that supports continuation rather than exhaustion.
Volume remains elevated at 8 million XRP, aligning with increasing buying momentum over the last three sessions, suggesting that institutional flows and larger holders are accumulating.
With XRP maintaining a strong posture above the 20-day mean, bulls are likely to test the psychological $2.50 barrier again, aiming next for $2.75. The breakout candle from May 9 remains intact, indicating follow-through is still in play.
Bitcoin forecast today also leans bullish, trading at $63.4K with RSI near 57 and holding above its 50-day EMA.
XRP typically follows Bitcoin’s macro sentiment, and with BTC showing no signs of reversal, XRP’s breakout remains technically supported. In the short-term, bearish risks may re-emerge if XRP price breaks below $2.24, invalidating the current channel breakout.