$XRP Flashes Multiple Buy Signals — Is $2.50 the Next Stop?

After plunging 9% during Thursday’s market-wide sell-off, XRP has bounced back above $2.17, flashing early signs of recovery and renewed bullish interest. The rebound follows a dip below the 200-day EMA, now reclaimed at $2.08, suggesting growing momentum. Meanwhile, stronger-than-expected U.S. job data—139,000 jobs added in May versus 130,000 forecast—has helped stabilize sentiment. The unemployment rate held steady at 4.2%, though broader economic signals still suggest a gradual slowdown, keeping pressure on the Fed's upcoming rate decisions.

Fed Chair Jerome Powell has flagged potential economic drag from Trump’s tariff policies, adding macro uncertainty to the mix. Despite these tensions, XRP’s technicals are showing promise. The RSI is approaching neutral, and a bullish crossover of the 50-day and 100-day EMAs near $2.26 could clear the way for a run toward $2.50. A break above that could even target the $3.00 psychological zone, contingent on broader market sentiment.

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