🔍 Technical Analysis of XRP – May 2025✈️
XRP is currently trading at $2.34, with strong support between $2.10 and $2.20, and resistance at $2.38–$2.40. Breaking this barrier could push the price towards $2.60 then $3.00. Technical indicators like RSI and MACD indicate moderate upward momentum, reinforcing the chances of an increase.
Suggested Buy Points:
💎$2.10–$2.20: Strong support area for buying.
💎$2.38–$2.40: Buy on breakout with confirmed trading volume.
Profit Targets:
⚡️$2.60: Initial target.
⚡️$3.00: Medium-term target.
Stop Loss:
🔥Below $2.10: To reduce risk.
With increasing investor interest and developments such as the anticipated ETF, XRP may witness a significant rise. But remember that the market is volatile, so risk management is essential.
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