๐ $XRP Price Outlook โ Crucial 72-Hour Window Ahead! ๐
Current Price: $2.3754 (+1.21%)
The crypto market remains highly volatile, and all eyes are on $XRP as we approach May 21, a potentially pivotal date. Could this spark a breakout or a breakdown? Analyst Levy outlines key drivers and levels to watch.
๐ Global Tensions Adding Pressure
Rising USโChina trade tensions are rattling markets Recent tariff reductions were followed by renewed disputes China vows retaliation over U.S. semiconductor restrictions This geopolitical strain is shaking stocks, bonds, and cryptoโincluding XRP
๐ XRP Market Snapshot
$XRP pulled back ~4% in the last 24 hours, despite being up 3% from its previous low Expect increased volatility in the next 48โ72 hours as XRP tests key zones
๐ Important Price Levels
Support Zone: $2.15 โ $2.31 A bounce here may indicate a bullish reversal Resistance: $2.61 A breakout could send XRP toward $3.30+ (previous ATH) Critical Support: $1.79 Falling below this could trigger deeper lossesโthough thatโs less likely for now
๐ Buy-the-Dip in Play?
Many traders are accumulating at these levels, anticipating a rebound Historical patterns suggest a potential recovery rally
๐ง Final Takeaway
The next 72 hours could define XRPโs short-term direction Watch the $2.15โ$2.31 zone for bullish confirmation A clean break above $2.61 might ignite a strong upward move Stay sharp and watch closelyโXRPโs next move is just around the corner!
