NewsBTC
20 May 2025
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XRP Price Declines Below $2.350, Faces Resistance Near $2.420

XRP Price Analysis

  • XRP price declined below $2.450 and is currently above $2.350.
  • The price is testing resistance at $2.40 due to a bearish trend line on the hourly chart.
  • A low was formed at $2.2848; recovery seen with moves above $2.32 and $2.350.
  • Resistance levels identified at $2.420 and $2.50.
  • Support levels are at $2.350 and $2.320.
  • If XRP fails to break above $2.420, a decline may occur towards $2.20.

XRP Price

Technical indicators show the MACD losing pace in the bearish zone, while the RSI is above 50.