$XRP is sitting at $2.1639 this Monday, caught in a tug-of-war between $2.1704 and $2.1318. The $2 level is like a lighthouse for traders, a steady beacon of support for the altcoin. But the mood is souring—derivatives traders are betting on a fall, and daily interest is fading fast. Will XRP stand tall, or is a storm brewing for this crypto contender?
XRP price prediction
$XRP broke out of its consolidation phase on April 27. Since then the altcoin has attempted to rally closer to resistance at $2.39, R1 in the XRP/USDT price chart. XRP is currently trading 15% under its target resistance at $2.50, the 50% Fibonacci retracement level of the decline from the peak of $3.40 to a low of $1.61.
Two technical indicators on the daily price chart support a bullish thesis for XRP. The RSI and MACD, RSI reads above 54, the neutral level and MACD flashes green histogram bars.
The $3 level is a key target for XRP in May 2025, a daily candlestick close above R1 and R2 could confirm the altcoin’s uptrend and bring the target in play for the token.
