🚀 Analysis and forecast for $XRP : time to enter? 📉
As of May 19, 2025, 15:46 EEST, the rate $XRP on Binance is $2.3, down 3.5% in the last 24 hours. The trading volume for the day has decreased to $8.22B, and the market capitalization stands at $135.20B. This decline is related to the overall market correction and uncertainty surrounding regulatory news, including the recent court rejection of the Ripple-SEC settlement.
Technically, $XRP demonstrates neutral dynamics. On the 4-hour chart, the 50-day moving average ($2.25) is trending upward, but the price is above it, which may serve as support. The 200-day SMA ($1.91) confirms the long-term upward trend that began in April 2025. The RSI (14) at 45 indicates a neutral zone close to oversold, which opens up buying opportunities. Support at $2.28 and resistance at $2.45 will become key levels in the coming days. A breakout at $2.45 could lead to a rise to $2.65, while a drop below $2.20 would increase pressure to $2.00.
Forecast: in the short term (until the end of May), XRP may stabilize in the range of $2.20–$2.50 if support at $2.28 holds. The mid-term target for July 2025 is $3.00 with positive news regarding legalization or partnerships. The long-term potential ($5 by 2026) depends on the resolution of legal issues and increased adoption by banks.
Time to enter? The current price of $2.3 looks attractive for entry considering the oversold condition and strong support. It is recommended to enter with a partial position, setting a stop-loss at $2.20. Profit-taking is possible at $2.45–$2.65. Monitor volumes and news! #Xrp🔥🔥 #Binance #CryptoAnalysis
