$XRP Price Forecast for May 23: Will Bulls Overcome the $2.
fulldeg
Updated at: 4 hours ago
{"content":"$XRP Price Forecast for May 23: Will Bulls Overcome the $2.42 Barrier? 🚀
XRP is currently trading around $2.41, facing strong resistance in the $2.42–$2.45 range 🔴. While the RSI remains stable and the MACD shows mild bullish divergence, the indicators suggest a sideways to slightly bullish trend may be forming 📈.
The price action continues to respect support at $2.38 🛡️, with buyers consistently defending that level. A clean breakout above $2.45 could pave the way for further gains toward $2.50 and potentially $2.67 🎯.
So far, XRP’s movements show tight consolidation, with price compressing beneath a supply zone near $2.45 on the 4-hour chart ⏳. Despite multiple intraday attempts, the bulls haven’t been able to establish control above $2.42—but they’ve also prevented deeper declines, forming a series of higher lows that signal underlying strength 💪.
Market sentiment remains cautiously bullish ⚖️, but a decisive catalyst is needed to escape this consolidation zone and ignite a stronger move in either direction 💥.
Traders are closely watching to see: will XRP finally break out above $2.45 or pull back toward lower supports again? 🔍
#BinanceAlphaAlert #xrp
$XRP
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