XRP Price Prediction For May 25

The post XRP Price Prediction For May 25 appeared first on Coinpedia Fintech News The XRP market has been moving sideways lately, and analysts are eager to see whether a breakout or a deeper pullback comes next. Let’s break down what’s happening on the charts right now and what could be in store for XRP in the short and medium term. Short-Term XRP Price Action XRP recently experienced a mild pullback, following the broader crypto market’s cooling trend. The price dropped below a key retracement level but managed to find solid support around $2.30 — a level analysts had been closely watching. This price area between $2.30 and $2.34 served as a safety net, with XRP bouncing off its lower boundary. However, if the price begins closing daily candles below $2.30, and fails to quickly reclaim it, the chances of further decline increase. In that case, the next important support lies around $2.10 to $2.15. Is the Bullish Trend Still Intact? Despite recent pullbacks, the broader trend for XRP remains bullish for now. The price continues to form higher highs and higher lows, a classic sign of an uptrend. What the market is seeing right now is more of a temporary pause in that bullish momentum. As for resistance, immediate pressure sits at $2.44, while a more important resistance zone stretches from $2.55 to $2.62. Overcoming these levels would be a crucial step for bulls to regain control. A Possible Inverse Head and Shoulders Forming? Interestingly, if XRP continues to pull back towards $2.10–$2.15 and bounces from there, it could lay the groundwork for a massive inverse head and shoulders pattern on the daily chart. This classic bullish formation often signals a major trend reversal if confirmed. At the moment, this pattern isn’t confirmed — it’s only a possible setup to monitor. But if it does take shape and XRP manages to break above the golden pocket retracement zone afterward, it could open doors to a powerful rally. In fact, if the pattern plays out fully, analysts predict XRP could aim for targets beyond $3, potentially setting new all-time highs. Source: TradingView One scenario that some analysts are considering involves a five-wave decline structure already unfolding from the recent high. If this plays out, XRP could be working on a Wave 2 retracement now, before potentially heading lower again to test major support levels. Micro-resistance levels to watch in this scenario include the $2.35 to $2.44 range. A rejection here could keep downward pressure intact in the coming sessions.

Source: coinpedia