📈 XRP (Ripple) Technical Analysis – 28 May 2025
💰 Current Price: $2.29
🗓 Date: 28-05-2025
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🔵 Support Levels:
$2.10
$2.00
$1.96
🔴 Resistance Levels:
$2.31
$2.50
$2.65
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🛒 Bullish Setup (Buy):
Entry: Above $2.31
Stop Loss: $2.10
Target 1: $2.50
Target 2: $2.65
📉 Bearish Setup (Sell):
Entry: Below $2.10
Stop Loss: $2.31
Target 1: $2.00
Target 2: $1.96
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📌 Technical Summary:
XRP is currently trading at $2.29, showing a slight decline of 0.27% over the last 24 hours . The price is hovering near the critical support level of $2.31, which aligns with the 200-day Simple Moving Average (SMA). A drop below this level could lead to a 16% decline towards $1.96 . Conversely, a rebound above $2.31 may signal a bullish trend, targeting $2.50 and potentially $2.65.