📉 Analysis and forecast for $XRP : time to enter? 📊
As of May 21, 2025, 13:40 EEST, the price on$XRP Binance is $2.3375, with a decline of 0.5% over the past 24 hours and about 10% over the week. The trading volume for the day is $2.67B, and the market capitalization is $137.47B. The decline is related to the overall market correction and profit-taking, which is actively discussed on X.
Technically, XRP is in a consolidation zone. On the 4-hour chart, the price is close to the support at $2.31, and the RSI (14) at 52 indicates a neutral zone without overbought conditions. Key levels: support — $2.28, resistance — $2.42. A breakout above $2.42 could push the price to $2.50, but a drop below $2.28 would increase pressure towards $2.15. Volumes are currently moderate, which may signal preparation for movement.
Forecast: in the short term (until the end of May), XRP may fluctuate in the range of $2.28–$2.50 as interest recovers. By July 2025, a rise to $2.80 is possible if the market stabilizes. The long-term target for 2026 is $4.50–$5.00, provided there are positive news on regulations and partnerships.
Time to enter? The current price of $2.3375 is close to the support at $2.31, making it an attractive entry point with a target of $2.42. Volatility is high, so set a stop-loss at $2.27. There are signs of a reversal noted on X, but success depends on volume and news. $XRP remains promising due to the fundamentals of XRPL, but entry is justified only with confirmation of bullish momentum. Assess the risks and act cautiously! #xrp #Binance #CryptoAnalysis