{"content":"XRP Dips — But Is This the Perfect Bear Trap Setup? A bearish correction began below $2.50 for XRP. The price is stabilizing and may find offers about $2.350. Below $2.550, XRP fell again. The price is below $2.50 and the 100-hour SMA. On the hourly XRP/USD chart, a negative trend line with resistance around $2.420 is formed. If it remains over $2.350, the pair may rise again. XRP Falls More Like Bitcoin and Ethereum, XRP began a negative retracement from $2.650. Price fell below $2.60 and $2.55 to enter a short-term bearish zone. Bears broke the $2.50 support zone. Bulls finally arrived around $2.350. The price is consolidating losses below the 23.6% Fib retracement line of the negative move from the $2.650 swing high to the $2.348 low. The price is below $2.50 and the 100-hour SMA. Price may find resistance at $2.420 on the upside. On the hourly XRP/USD chart, a negative trend line with resistance around $2.420 is formed. Near $2.450 is the first big resistance. Next resistance is $2.50, the 50% Fib retracement level of the down move from $2.650 swing high to $2.348 low. A clean break over $2.50 might push the price near $2.60. More advances might push the price toward $2.650 or $2.680. $2.80 may be the bulls' next challenge. More Losses? XRP may fall again if it fails to break $2.50. Around $2.350 is first downward support. Near $2.320 is the next important support. A downward break and closing below $2.320 might push the price near $2.20. Near $2.120 is the next key support. Tech Indicators Hourly MACD on XRP/USD is falling in the negative zone. Relative Strength Index hourly XRP/USD RSI is below 50. Major Support Levels: $2.350, $2.320. Two major resistance levels: $2.420 and $2.50. #xrp #BinanceAlphaAlert #CryptoCPIWatch #BinancePizza $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/16/a344af2f86064f42a2576732db456293.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}