XRP (Ripple) is currently trading around $2.21 as of May 1, 2025, after a multi-month uptrend peaking near $3.40 in early March. The asset has since entered a correction phase but still holds higher timeframe support levels. This consolidation suggests XRP may be stabilizing before the next directional move.
The overall market sentiment is neutral to slightly optimistic, as XRP remains above key Fibonacci support zones and is trying to regain broken trendlines on lower timeframes. However, the lack of significant volume during the recovery from April's lows keeps the optimistic sentiment in check at this time.
Weekly chart: Fibonacci Retracement identifies long-term support zones
On the weekly timeframe, Fibonacci retracement levels drawn from the swing low of $0.45 to the high of $3.40 provide a solid framework to understand the ongoing correction:
0.236 Fib : $2.699
0.382 Fib : $2.267
0.5 Fib : $1.917
0.618 Fib : $1.568
0.786 Fib : $1.070
Currently, XRP is trading between the 0.382 and 0.5 levels, holding above the $1.91 area, which historically is a strong accumulation level for institutions. Successfully protecting this area could drive a new rally up to $2.70 and $3.00. On the downside, a break below $1.91 would open the $1.56 area, a retracement level between key cycles, followed by $1.07.
Daily chart: Retesting the trendline after breaking from the downtrend channel
The daily chart shows XRP has broken out of a downtrend structure that has persisted since the March highs. The price is currently in the process of retesting the breakout zone near $2.20.
Immediate support : $2.00–$2.10
Key support : $1.70
Bullish targets : $2.40 and $2.70
Resistance trendline (now invalidated) : $2.28 (now retested as support)
Despite the pullback, the price action remains constructive. Multiple bounces from the $2.00–$2.10 zone indicate buyers are still present, although a decisive breakout above $2.35 is needed to regain bullish control. That level has acted as a rejection zone in April and late March.
4-hour chart: Symmetrical triangle tightening into the breakout
Looking at the 4-hour chart, XRP is trading within a symmetrical triangle that is compressing price between $2.10 and $2.35. LuxAlgo's dynamic trendline forecast places the breakout point around the first week of May.
Bullish breakout zone : $2.35–$2.40
Bearish breakout zone : $2.10
Short-term target (bullish) : $2.60–$2.70
Short-term target (bearish) : $1.90–$2.00
This structure is usually resolved with a strong move—the direction depends on whether buyers can overcome the dwindling supply or if sellers will regain control in the short term.
XRP price prediction: Momentum indicators: Cautiously neutral
RSI (4H) : Currently at 46.18, below the midpoint of 50. This reflects slight bearish pressure, but a bounce above 50 will confirm momentum shifting in favor of buyers.
MACD (4H) : The MACD line is just below the signal line, with histogram bars fading. This indicates that the bearish momentum is weakening, but a crossover has not yet occurred.
Bollinger Bands : Prices are contracting within tightening bands, indicating strong volatility and an impending expansion.
All indicators suggest an accumulation phase rather than a fully directional trend. A clear breakout outside the triangle is likely to align with RSI > 50 and a bullish MACD crossover, signaling confirmation for momentum traders.
XRP price prediction: EMA Confluence: Price is struggling with resistance
Looking at the 4-hour EMA chart:
20EMA : $2.14
50EMA : $2.18
100EMA : $2.17
200EMA : $2.23
XRP is currently oscillating between the 50 and 200 EMA. The 200 EMA near $2.23 remains a key level to regain trend confirmation. A breakout and hold above this level could likely propel a bullish breakout towards $2.60+.
Until that happens, XRP may continue to oscillate within this range.
XRP price prediction: What will happen in May 2025?
XRP is coiling within a clearly defined structure. If buyers reclaim $2.35 on volume, the token could retest $2.70 and potentially challenge the March highs near $3.00. Conversely, if $2.10 cannot be defended, XRP will have to retrace deeper to $1.90 or even $1.70. The base case remains consolidation between $2.00 and $2.35 until directional confirmation emerges.
