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$XRP {spot}(XRPUSDT) XRP Price: Rebound Signs As Key Hurdle

320 WYATT

Updated at: 5 hours ago

{"content":"$XRP {spot}(XRPUSDT) XRP Price: Rebound Signs As Key Hurdle Awaits Presently, the popular cross-border altcoin is trading three cents below the 200-EMA line. The smoothed out moving averages depict when a coin is trading above its true value or below it. At $2.41, XRP bulls could be pushing towards $2.50 again, but this resistance level didn’t hold two days ago. Ripple (XRP) soared to $2.62 on Wednesday, but the best price result since March, 2025 wasn’t enough to tackle the $3 target. However, the large money flows flash steady buying power since May 8, 2025. According to the Chaikin Money Flow (CMF), short-sellers haven’t been able to outweigh XRP bulls while the altcoin consolidated in an oversold position. As we can see in the chart above, the Stochastic Relative Strength Index (StochRSI) is giving out ultra low values, dwelling between 16 & 13. Solidifying the oversold condition, this could hint at breaking out of consolidation if XRP price closes the day above $2.50. If these resistance lines are reclaimed and flipped into support with exquisite trading volume like today’s $5 billion, a new monthly peak could be on the way. Further on, the $2.65 price level is crucial for XRP bulls in the fierce competition against Tether USD (USDT) for the bronze medal in crypto’s global ranks by market capitalization. #xrp #Binance320 #mr320 #Trendingissue #Trendingcoin320 ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/16/e61c50447c5c4fe48983a295b48a8d92.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}

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