XRP Price Heading Towards A Crash, Analyst Charts Important Levels

By: cryptosheadlines|2025/05/15 10:45:04
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com The price of XRP has made an impressive move on the charts. On the daily time frame, XRP has now closed two consecutive daily candles above a major resistance level at $2.46. This breakout is an encouraging sign as it confirms a clear bullish trend.For the first time in a while, the price structure is showing higher highs and higher lows, which is exactly what traders look for in a positive market trend. This latest breakout has officially ended the previous bearish phase and marked the start of a fresh, bullish run for XRP.Short-Term Slowdown PossibleWhile the bigger picture looks strong, the short-term charts are flashing a small warning. According to analyst Josh of Crypto World, a bearish divergence has appeared. This means that while the price is still climbing, the RSI (Relative Strength Index) is starting to dip.When this happens, it usually hints that the bullish rally might slow down temporarily. So, in the next couple of days, XRP’s price might either pull back slightly or move sideways. This isn’t necessarily bad news — a brief cooldown can actually be healthy for the market, helping indicators like the RSI reset and prepare for the next possible upward move.Important Price Levels AheadIf the price dips, the previous resistance level at $2.45 to $2.46 is expected to act as strong support. As for the upside, the next resistance points traders are watching are around $2.60, $2.77, $2.95, $3.15, and $3.30.For now, the overall trend for XRP remains positive, and nothing much has changed in the last 24 hours. The market structure on the daily chart continues to look bullish, keeping hopes alive for further gains in the days ahead.Source link

You may also like

Tiger Research: What AI services do cryptocurrency companies offer?

Cryptocurrency giants like Binance and Coinbase have fully launched an AI defense battle: Driven by FOMO sentiment, leading platforms are accelerating the deep integration of AI agents into core businesses such as trading, security, and payments.

The war not only drives up oil prices but also causes Circle's stock price to soar

High interest rate expectations combined with the explosive growth of stablecoin infrastructure have led to Circle's stock price doubling in five weeks against the trend: Understanding the dual game of "macro interest rate trading" and "global payment foundation" behind the surge in one article.

When agents become consumers, who will rewrite the underlying logic of internet commerce?

Thirty years ago, due to the high cost of micropayments, the internet had no choice but to adopt an advertising model. Today, the technical threshold for micropayments is nearly zero, but trust has become the most expensive luxury. Whoever can bridge this gap will dominate the next generation of int...

AI Agents in Action Summit: March 31, Hong Kong Cyberport, focusing on the deep waters of AI implementation

Tomorrow, Hong Kong Cyberport will grandly open. The "AI Agents in Action" summit gathers top experts, directly addressing the real evolution of AI Agents from conceptual celebration to productization and large-scale commercial implementation.

29 Days In, What Are America’s Options on Iran?

The key is not in ground invasion but in the combination of striking capability and governance.

Flash Crash Down 97%+ with Ongoing Unlocking, WLD Completes $65 Million Off-chain Funding: Who Is Still Buying?

In the current deep bear market environment, being able to complete multi-million dollar token trades is quite rare.

Popular coins

Latest Crypto News

Read more