Global economic teensions and regulatory developments continue to influence the action of XRP prices, the digital asset showing remarkable resilience despite recent volatility.
After having experienced a significant drop at $ 2,307 in high volume, XRP established an upward trainger with a series of high stockings, suggesting a continuous momntum when approaching resistance levels.
The technical indications indicate a potential optimistic break, several analysts highlighting critical support at $ 2.35 to $ 2.40 which must hold for ascending continues.
HIGHTSTS technical analysis
- Price experience of a fork of 3.76% ($ 2.307 – $ 2,396) over 24 hours with a net sale – net at 4:00 p.m. falling to $ 2.30 in high volume (77.9 m).
- Solid support appeared at a level of $ 2.32 with buyers in high volume perodes, in particular recovery from 13: 00 to 14: 00.
- The assets established an ascending trainger, forming high stockings from the bottom, with resistance around $ 2.39 tested during the 07:00 session.
- During the last hour, XRP increased from $ 2,358 to $ 2,368, representing a gain of 0.42% with notable volume tips at 01:52 and 01:55.
- The price increased from resistance to $ 2.36 to reach $ 2,366, later establishing new local summits at $ 2,369 during the 02:03 session on a substantial volume (539,987).
- Currently maintaining resistance greater than $ 2,368 the level of support with decreasing volatility suggesting a potential continuing of the ascending trajectory.
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External references
- “XRP Price Pate at $ 3.40 remains intact – here”, Cointelegraph, published on May 16, 2025.
- “XRP Price Watch: Bulls Eye $ 2.60 as the long -term trend”, Bitcoin.com News, Pubshed on May 17, 2025.
- “Explosion of XRP prices at $ 5.9: current consolidation will not prevent XRP from growing”, Newsbtc, published on May 17, 2025.