XRP at a Crossroads: Can It Smash Through Resistance or Face Another Rejection?
XRP traders are eyeing key price levels this week as the crypto claws for momentum. After months of sideways action, the token faces make-or-break resistance—but will it finally break free or get smacked down again?
Here’s what’s at stake: A clean breakout could signal fresh bullish energy, while another rejection might send XRP back into its sleepy consolidation phase. Meanwhile, Bitcoin’s volatility isn’t helping—typical ’store of value’ behavior, right?
Keep an eye on those resistance zones. If XRP punches through, the next target is clear. If not? Well, at least the ’HODL’ crowd will have another excuse to double down.
XRP price prediction & analysis: Key resistance levels to watch this week
XRP enters the final week of May with mixed signals, technicals show a bullish structure forming, but traders remain split on short-term direction. After gaining over 340% in the past year, XRP is now trading around $2.33, holding steady amid a wave of consolidation. Analysts and on-chain data suggest this could be a critical week for the token’s next major move.
Source: Fxempire
Bullish traders like @DefendDark and @CasiTrades are optimistic, pointing to a potential breakout if XRP clears $2.60. They foresee a MOVE toward $3.08, with longer-term projections as high as $5.85, or even $36 in a Wave 3 rally. Momentum indicators like RSI still show room to climb, and XRP remains above its key moving averages, adding to the bullish case.
But not everyone is convinced. @Nebraskangooner warns that unless XRP holds $2.50 as solid support, the risk-reward ratio doesn’t favor new long entries. A dip back to $2.00 is possible if resistance at $2.60 holds firm. Meanwhile, @ali_charts highlights $2.38 as a key level to watch, a breakdown here could open the door to deeper losses.
Bottom line: whether you’re eyeing $3 or bracing for $2, this week’s battle between bulls and bears is likely to set the tone for XRP’s next big move.
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