Updated technical analysis of $XRP (Ripple) as of May 11, 2025, along with a perspective on its future price:

📊 Current Technical Analysis of $XRP

Current price: $2.37 USD

Daily variation: -0.06 USD (-2.47%)

Intraday high: $2.47 USD

Intraday low: $2.34 USD

XRP has shown consolidation around $2.14 USD after a sharp rise. The trend is neutral on moving averages, with decreasing momentum and a weekly decline of -4.33%, indicating a loss of momentum.

🔍 Key Technical Indicators

Moving Averages (MA):

MA50: $2.19 USD

MA200: $1.90 USD

The MA50 is above the current price, which could indicate short-term resistance.

Relative Strength Index (RSI): 70

An RSI of 70 suggests that XRP is in an overbought zone, which could precede a price correction.

MACD: The MACD shows a bullish crossover, supporting the continuation of positive momentum.

📈 Important Technical Levels

Supports:

$2.00 USD

$1.90 USD

$1.70–$1.60 USD

Resistances:

$2.36 USD

$2.60 USD

$3.00 USD

The pivot point at $2.05 USD is central to this month's trend.

🔮 Future Price Outlook

Projections for XRP in 2025 vary among different analysts:

Conservative projections: Some analysts predict that XRP could reach between $2.75 and $3.10 USD if favorable legal and market trends continue.

Optimistic projections: Other experts suggest that XRP could reach $5.65 USD if it continues to stay above key support levels.

✅ Conclusion

XRP shows positive technical signals with strong bullish momentum. However, it is important to monitor overbought indicators and support levels to manage potential risks. As always, it is recommended to conduct further analysis and consider fundamental factors before making investment decisions.

Sources: CoinCodex, Cryptobasic, Cointribune.

Share your opinions and don't forget to follow me.