XRP Price Prediction for May 2025
XRP is currently trading at around $2.36 and remains in a neutral zone without a clear direction. Let’s take a closer look at the latest price analysis and what might happen next. XRP Price Analysis: Key Levels to Watch On the daily chart, XRP recently fell below a performance support line of around $2.44, which is a short-term bearish sign. At the moment, the price is finding some support near $2.30. If XRP drops below $2.30, the next support level to watch will be between $2.10 and $2.15. On the other hand, resistance is currently sitting between $2.43 and $2.44. If the price can rise, another major resistance lies at $2.60. Fibonacci Levels Show Strong Future Resistance Looking at the Fibonacci retracement tool, the key resistance area known as the golden pocket ranges between $2.55 and $2.62. If XRP breaches $2.62 with strong confirmation (meaning the daily candle closes above this level), it could lead to a bullish rally towards $2.90. Is a bullish pattern forming? There is a chance that XRP could form a large inverse head and shoulders, which is a bullish chart formation. However, this has not been confirmed yet. For this pattern to complete: XRP needs to drop towards $2.10-$2.15 and then bounce towards $2.60 and finally break above $2.60 with confirmation. If this happens, it could lead to a strong rally for XRP, potentially pushing the price above $3 and towards new all-time highs. $XRP $XRP $XRP