XRP/USD quotes are at the level of 2.3315 and continue trading within the range of corrective development and a bearish channel. Moving averages indicate a short-term bearish trend for XRP. Prices are once again testing the area between signal lines, which suggests pressure from buyers of the asset and potential continuation of the growth of the XRP rate on the market already from current levels. Within today’s prediction for XRP, one should expect an attempt at developing a bearish correction of the asset and a test of the support level near the area 2.3205. Then, a rebound upwards and further growth of the cryptocurrency to the region above the level of 2.9505.
Cryptocurrency XRP Forecast for May 28, 2025
Additional signals in favor of the growth of XRP/USD include testing the support line on the Relative Strength Index (RSI). A second additional signal for the rise of XRP will be a bounce off the lower boundary of the bull channel. Cancellation of the upward option for the cryptocurrency will be defined by a drop and closing prices below level 2.1065, indicating that this signals a breach of the support area, cancellation of the bullish model, and continuation of the fall of XRP/USD in the area below level 2.0085. Confirmation of growth of digital currency rate will be defined by breaching the resistance area and closing prices above level 2.5505.
Cryptocurrency XRP Forecast for May 28, 2025 predicts a test attempt of the support level near the area of 2.3205. From where one should expect continuation of the crypto currency growth with a potential target at the level of 2.9505. An additional signal in favor of rising XRP quotes will be testing the support line on the relative strength indicator. Cancellation of the option for price increase will be a drop and breach of the area of 2.1065. In this case, one should expect further reduction of the digital currency with a target below 2.0085.
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