XRP appears to be flexing its muscle, now locked in a tight range from $2.54 to $2.57. The tug-of-war goes live on the big stage of a $150.38 billion market capitalization. The action continued yesterday as some $5.6 billion worth of XRP was exchanged, the price briefly touched the low $2.52 range, then rallied to test the highs at $2.63. The stage is set; shall XRP break out?
XRP
In the 1-hour chart for XRP, warning signs hold sway for the bulls. Having succumbed to the upper resistance at $2.651, the recent rally seems to have run out of steam. After that, the chart began conjuring a construction of red candles in their mid-series, with volumes melting away like a sunset. This indicates that a brief pullback is in preparation.
It is another aspect fostering the downside: bearish divergence indicators are in effect, with price bumping at similar levels but buyers gradually less bullish. A certain cooling off is expected.
Keep a watch on support at $2.55 to $2.57 for buying opportunities if prices come down to it. If prices go below $2.54, they will descend rapidly to $2.50. Short-term traders may have to take a cautious route.
XRP/USDC 1H chart via Binance on May 14, 2025.
The 4-hour chart of XRP is a rollercoaster ride; the strong uptrend display is now showing signs of weakening. That massive bullish surge has been paused and is turning into an area of “meh” candles can it be a mere breather from the movement (bullish flag) or is it another way of distribution hostility? Keep your eyes glued.
So the rejection at $2.65? Someone slammed the brakes on everything-the sellers are sitting there with bated breaths. But here’s the line in the sand: $2.50. Hold it, and the story of being bullish continues.
Think in terms of dip-buying at around $2.45-$2.50, which is attractive from a risk-reward point of view. But the fun really starts above $2.66. An explosive breakout with great volume? That’s when you can give the green light to keep on going to higher ground.
XRP/USDC 4H chart via Binance on May 14, 2025.
A bullish beast was immediately unleashed on XRP! It tore through $2.30 like tissue paper to touch its $2.656 at the top. This buying frenzy is made possible by a great ocean of buying volume. A little caution is warranted. Look closely: those tiny candles suggest indecision, likely a brief rest near the peak.
But fear not; fortune favors the bold. Keep your hawk eyes glued to $2.30 and $2.10-as these two levels were once ceiling prices, now they have become a rude floor on which a metric ton of volume can caress and gently caress. And swing traders: if we start to dip to around $2.30-$2.40 with a book-throwing bounce behind it, it means: GO-GO-GO!
Now, that being said, watch your step there. If XRP happens to slip below the $2.10 level, then goodbye bullish case. Prepare to dig deeper, because that beast is returning home.
XRP/USDC 1D chart via Binance on May 14, 2025.
Oscillators deliver mixed readings and cloud the assessment. Amid this situation, the RSI and the Stochastic are more or less neutral with respective readings of 67.92 and 84.13. However, the CCI flashes a sell signal at 180.06, probably suggesting that prices have run a bit too far. The ADX at a bland 21.30 is not confirming strong trends. On the brighter side, the momentum stands at 0.41, while the MACD reads 0.09, speaking of continued buying pressure.
The moving averages of XRP ushered in a bullish vibe. From the swift 10-day EMA ($2.41372) to the steady 200-day SMA ($2.14926), every key average is flashing green. The 10-day EMAs and SMAs provide support just below the current price, signalling inflationary movement in the short run. The 200-day averages, however, serve as firm support, confirming a larger bullish picture at longer time frames. This bullish momentum is set to push XRP higher unless some unspeakable market earthquake strikes.
Bull Verdict:
XRP: Primed for Blastoff?
Technical analysis for XRP screams bullish. There is a protective wall of support across all key moving averages, while the MACD and momentum indicators signal green. The launch pad is set.
Acknowledging volume is vital. If bourses act and XRP breaks through that $2.66 level on the backs of them, watch out! $2.70 is then the target, and further is confirmation that the trend is never just barely alive-the uptrend is alive and thriving.
Bear Verdict:
“While bulls are charging day by day, dark clouds seem to be gathering on the horizon. Hourly charts and 4-hour charts of HIVE are sending warning signals: Bearish divergences are whispering caution; volumes are on the decline, indicating exhaustion; and the price is not able to breach the $2.656 price ceiling. Hold on. On the downside, a break under $2.50 is worrisome, but if the $2.45 level of support managed to go south, then there is just so much selling that could happen fast down to $2.30 and jeopardize this bullish one.”
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