XRP Big Moves Coming...
📌 "Will XRP Hit $5 in the Next Bull Run? Here's What the Charts Say"
XRP $3.5 -$4.5 in Next 2 weeks possible..
📊 Short-Term Price Forecast (May 17–31, 2025)
Price Range: Analysts predict XRP will trade between $2.25 and $2.45, with potential dips to $2.25 and peaks up to $2.45.
Technical Indicators: Current technical analysis presents mixed signals. While some indicators suggest a neutral to slightly bearish outlook, others point toward potential bullish momentum.
Market Sentiment: The Fear & Greed Index stands at 71, indicating a state of "Greed," which often precedes market corrections. changelly.com+1CoinCodex+1
🔍 Key Factors to Monitor
Support and Resistance Levels: A strong support is identified at $2.80, with resistance around $3.50. A breakout above these levels could signal a significant price movement.
Regulatory Developments: Upcoming decisions, such as the SEC's ruling on XRP-linked ETFs, could impact market dynamics.
Technical Patterns: Formation of bullish patterns like the inverse head-and-shoulders could indicate potential upward trends. FingerLakes1
📈 Potential Scenarios
Bullish Case: If XRP breaks above the $2.80 resistance, it could target the $3.50–$4.50 range in the coming weeks.
Bearish Case: Failure to maintain support at $2.25 may lead to further declines, testing lower support levels.