XRP/USDT — Technical Analysis + Personal Opinion (Swing/Spot)
Date: 20/05/2025
Current Price: $2.3535
24h Variation: -1.23%
Personal Opinion Before Analysis
Many people have been asking whether it is worth holding XRP now or to exit and reallocate. My personal view: I do not believe in a crash in the short term, but I also do not see much advantage in holding XRP at this moment. I believe more in capitalizing on ETH or momentum alts in the short term. XRP continues to be a good asset for the long term, but perhaps the best thing now is to reallocate, take profits, and look for a new entry lower down when the chart confirms a reversal.
Technical Analysis
RSI(6): 44.61 — neutral, with a slight bias of weakness (still no signal of overbought/oversold).
MA(7): $2.4044 (above the current price — indicates weakening short-term trend)
MA(25): $2.3124 (short/medium-term support being tested)
MA(99): $2.2984 (critical long-term support region)
Last High: $2.6549
Main Supports: $2.31 / $2.24 / $2.02
Resistances: $2.41 / $2.55 / $2.65
Summary of Technical Scenario:
The price has lost strength after the recent peak and is lateralizing.
MA(7) crossing down may signal a deeper correction.
Decreasing volume and weakened RSI suggest a lack of buying strength at the moment.
Possible pullback to the region of $2.24–$2.31, where it may be interesting to reassess entry.
Personal Strategy at the Moment:
Short Term (Swing):
I avoid new entries while the chart does not show a clear resumption above $2.41 with volume.
If the $2.20 zone holds, it may be a good area to seek re-entry.
Medium/Long Term (Spot):
I keep part in hold, but reduced exposure.
I have reallocated part of the profits to ETH and other altcoins with short-term potential.
Disclaimer:
This analysis is based on my personal reading of the market and does not constitute a recommendation to buy or sell. The cryptocurrency market is highly volatile and every decision should be based on your own analysis and risk profile.
