š $XRP $XRP $Price Prediction: The Next 72 Hours
With crypto volatility on the rise, XRP is in the spotlight as investors eye potential shifts around May 21. Market analyst Levy highlights several factors that could drive XRP's short-term movement.
š Global Tensions and Market Impact
US-China tensions have resurfaced after temporary tariff cuts, with disputes over semiconductor export controls leading to threats of retaliation by China.
Such geopolitical instability is affecting diverse marketsāstocks, bonds, and cryptocurrencies like XRP.
š $XRP XRPās Recent Price Behavior
Recent Volatility: XRP recorded a 4% drop in 24 hours after notable gains, though it remains 3% above its earlier weekly low.
This consolidation phase suggests traders are waiting for a market bottom, with heightened volatility expected over the next 48ā72 hours.
š Key Technical Levels
Support Zone: $2.15 ā $2.31
A rebound here could signal renewed bullish momentum.
Resistance Level: $2.61
A break above this may push XRP toward $3.30+.
Critical Support: $1.79
Falling below could lead to further downside, although this is less likely.
š” Trading Outlook
Many traders see the current pullback as a buying opportunity, yet caution is advised amid ongoing global uncertainties. Proper risk management with tight stop-losses is crucial.
š® Final Thoughts
The next 72 hours could define XRPās immediate trajectory. A strong bounce might trigger a bullish phase, while failure to hold support could lead to further consolidation. Stay alert as the market decides XRPās fate.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice.