๐ XRP Market Analysis โ May 7, 2025
Current Price: $2.12 | 24H Range: $2.09 โ $2.15
๐น Market Sentiment: ๐ Consolidation after a strong run; holding above key support ($2.00)
๐น Short-Term Outlook: If $2.00 holds, a push toward $2.22โ$2.36 likely
๐น Mid-Term Target: Analysts eye a breakout up to $5โ$12 by late 2025 if momentum builds
๐น Investor Focus: XRP saw $37.7M in Q1 inflows, nearing ETH levelsโ๐ฅ institutions are watching
๐ผ Intraday Plan (For Traders)
๐ข Buy Zone: $2.02โ$2.08
๐ TP1: $2.22 | TP2: $2.36
๐ SL: Below $1.99
๐ง Use RSI/MACD to confirm breakouts
๐ก Pro Tip: Store long-term XRP in Trust Wallet or Ledger. Trade intraday on Exness or Binance Spot for max flexibility.