XRP Price Analysis – May 12, 2025📊
The XRP coin has risen strongly to reach $2.42, supported by strong buying momentum and market optimism.🚀
🔴Support Levels:
$2.10: Strong support that formed a rebound area in previous rounds.
$1.85: Important historical support; breaking it may indicate a deeper correction.
🔴Resistance Levels:
$2.50: Psychological and technical resistance; surpassing it may open the door to higher levels.
$2.75: Previous resistance from 2021, and could be the next target if the positive momentum continues.
🧠Overall Outlook:
The general trend is currently upward, especially with the break of the previous resistance at $2.20, provided that the $2.10 level is maintained as a key support.
Technical indicators like RSI indicate an approaching overbought condition, which may lead to a slight correction before any new surge.
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