XRP (XRP) Price Prediction for May 21: Is Consolidation Hinting at a Breakout or Breakdown?

The XRP price today is hovering around $2.35 after rebounding from intraday lows of $2.33. Over the past 48 hours, XRP price action has remained largely range-bound, fluctuating within a $2.33–$2.41 corridor. Despite minor spikes in volatility, bulls have failed to regain control above the $2.40 short-term resistance, while support continues to hold firm at the $2.34 level.
This muted movement follows a larger pullback from the recent local top at $2.66. While the broader trend remains structurally bullish on higher timeframes, lower timeframe indicators are showing mixed signals. Traders are now questioning: Why XRP price going down today and can buyers stage a bounce soon?
Key Technicals Driving XRP Price Volatility
On the 4-hour chart, XRP is currently sandwiched between the 50 and 100 EMA, sitting just above the $2.34 support band. Bollinger Bands are tightening, suggesting a major move is likely imminent. The MACD histogram is showing a weakening bearish crossover, while the RSI remains in neutral territory near 41, reflecting indecision in XRP price action.
The post XRP (XRP) Price Prediction for May 21: Is Consolidation Hinting at a Breakout or Breakdown? appeared first on Coin Edition.
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XRP (XRP) Price Prediction for May 21: Is Consolidation Hinting at a Breakout or Breakdown?

The XRP price today is hovering around $2.35 after rebounding from intraday lows of $2.33. Over the past 48 hours, XRP price action has remained largely range-bound, fluctuating within a $2.33–$2.41 corridor. Despite minor spikes in volatility, bulls have failed to regain control above the $2.40 short-term resistance, while support continues to hold firm at the $2.34 level.
This muted movement follows a larger pullback from the recent local top at $2.66. While the broader trend remains structurally bullish on higher timeframes, lower timeframe indicators are showing mixed signals. Traders are now questioning: Why XRP price going down today and can buyers stage a bounce soon?
Key Technicals Driving XRP Price Volatility
On the 4-hour chart, XRP is currently sandwiched between the 50 and 100 EMA, sitting just above the $2.34 support band. Bollinger Bands are tightening, suggesting a major move is likely imminent. The MACD histogram is showing a weakening bearish crossover, while the RSI remains in neutral territory near 41, reflecting indecision in XRP price action.
The post XRP (XRP) Price Prediction for May 21: Is Consolidation Hinting at a Breakout or Breakdown? appeared first on Coin Edition.
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