📉 Short-Term Outlook: XRP has been trading sideways, recently dipping to $2.30 before bouncing. This $2.30–$2.34 zone is acting as a key support. But if XRP starts closing below $2.30, a deeper drop toward $2.10–$2.15 could follow.
📈 Still Bullish? Despite the dip, XRP’s structure remains intact with higher highs and higher lows. Bulls need to reclaim $2.44, with stronger resistance at $2.55–$2.62. A clean break here could restore upside momentum.
🧠 Inverse Head & Shoulders Forming? A pullback to $2.10–$2.15 followed by a bounce may set up an inverse H&S — a powerful bullish signal if confirmed. If XRP then breaks the golden pocket zone, a surge toward $3+ could be in play.
⚠️ Bearish Setup to Watch: Some analysts see a five-wave correction forming. In that case, XRP might be in a Wave 2 bounce now before testing lower. Watch $2.35–$2.44 closely — rejection here could extend the dip.
📅 Verdict for May 25: All eyes on $2.30 for support and $2.44 for breakout. Momentum builds, but confirmation is key.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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