On the one-hour chart, XRP is exhibiting a modest uptrend after bouncing off the $2.30 level. The pattern of higher lows alongside sustained volume during bullish candles indicates accumulation. Local resistance at $2.407 remains a key threshold; a breakout above this level on volume would confirm short-term momentum. Aggressive traders may consider a breakout entry above $2.407, targeting $2.45 to $2.48, while more conservative strategies favor pullback entries around $2.37 to $2.38 with stops at $2.35.
XRP/USDC via Binance on May 18, 2025. 1-hour chart.
The four-hour chart reflects a developing reversal from a recent decline off the $2.656 peak. Twice testing the $2.30 level and rebounding suggests foundational support, while the modest upswing toward $2.40 indicates early signs of recovery. Momentum remains tentative, yet improving. Traders are watching for a breakout above $2.42 to validate the shift. Entry considerations align with a positive zone between $2.40 and $2.42, setting sights on a $2.50 target and protective stops at $2.34.
XRP/USDC via Binance on May 18, 2025. 4-hour chart.
On the daily chart, XRP recently broke out to $2.656 but has since retraced and is consolidating just above the $2.30 support zone. This pullback appears to be driven by short-term profit-taking rather than fundamental weakness, as volume surged during the rally and then tapered off—a sign of temporary exhaustion. The current price structure suggests the asset is forming a base, potentially preparing for another leg upward. A daily close above $2.40, accompanied by renewed volume, would likely invite bullish interest targeting the $2.60 to $2.65 range.
XRP/USDC via Binance on May 18, 2025. 1-day chart.
Oscillators offer a mixed but generally neutral outlook. The relative strength index (RSI) reads at 55.34169, suggesting balanced buying and selling pressure. The Stochastic oscillator and the commodity channel index (CCI) are also neutral at 51.51666 and 38.06661, respectively. The average directional index (ADX) at 19.59424 reflects a weak trend, while the Awesome oscillator at 0.18614 remains neutral. Notably, momentum shows a negative signal at 0.06870, advising caution, whereas the moving average convergence divergence (MACD) level at 0.06739 offers a positive signal, hinting at latent bullishness.
Moving averages are predominantly bullish across timeframes. The exponential moving average (EMA) values from 10 to 200 periods are all below the current price, indicating upward momentum, except for the 10-period simple moving average (SMA) at $2.43790, issuing a bearish signal. Conversely, the simple moving average (SMA) values for the 20, 30, 50, 100, and 200 periods are supportive of a continued uptrend, all suggesting buy conditions. This alignment of moving averages underscores the technical strength in XRP’s broader price structure and provides a bullish underpinning should volume and momentum confirm the trend.
Bull Verdict:
XRP’s consistent support at $2.30, the formation of higher lows on intraday charts, and broad alignment of exponential and simple moving averages in buy territory suggest a structurally sound uptrend. If volume returns and XRP breaches $2.41 with conviction, the path to retesting $2.60–$2.65 remains viable in the short term.
Bear Verdict:
Despite bullish setups, XRP’s lack of decisive momentum and neutral oscillator readings—including a negative signal from the momentum indicator—suggest a fragile rally. Failure to clear $2.41 or a drop below $2.30 could expose XRP to deeper consolidation or a bearish reversal toward prior support levels.
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