$XRP Approaches Key Resistance as Momentum Signals Show Mixed Strength
Ripple’s #XRP is entering a critical technical zone, with price action hovering just below the $2.4547 resistance level. Recent analysis of the 1-day chart shows XRP is trading above its 20-day EMA, and the 9-day EMA continues to trend higher—indicating a cautiously bullish medium-term outlook.
The MACD histogram, while still positive, has begun to narrow—suggesting fading bullish momentum. Meanwhile, the RSI remains neutral in the mid-50s, showing that XRP still has room to move in either direction.
If XRP closes decisively above $2.4547, traders may target upper resistance zones at $2.5469 and $2.5673. However, failure to break higher could trigger a retest of support levels at $2.325, $2.2712, or even $2.2124.
For long traders, a confirmed breakout with volume may be the signal to enter. For shorts, a rejection from resistance paired with a drop below key support could open up short-term opportunities.
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Read the full analysis: www.ecoinimist.com/2025/05/19/xrp-momentum-builds-as-bears-lurk