Technical and Fundamental Analysis of XRP – May 2025
XRP continues to perform positively and today records approximately $2.56 with an increase of 8.5%.
Technical forecasts indicate a potential breakout that could push the price towards $15, especially with the formation of an ascending symmetrical triangle pattern.
Important Levels:
Support: $2.0 – $1.7
Resistance: $2.6 – $3.0
Monthly Pivot Point: $2.05
Key Indicators:
Decline in inflows to exchanges = Less selling pressure
Increasing institutional interest
Anticipation for global adoption in cross-border payments
2025 Forecasts:
Optimistic Scenario: $12 - $29
Fundamental Scenario: $5 - $6
Cautious Scenario: $0.13
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