XRP (XRP) Price Prediction for May 20
XRP price today is trading near $2.31, slipping over 4.8% intraday as bears regain control following a failed breakout above $2.60. The latest XRP price update shows heightened selling pressure below the $2.45 resistance, with lower timeframes signaling continued downside pressure heading into May 20.
What’s Happening With XRP’s Price?
After a volatile mid-May rally that sent XRP price to $2.68, the asset is now retracing sharply toward key support zones. The 4-hour chart shows rejection from a descending trendline intersecting at $2.62, triggering a sharp pullback to the $2.28–$2.31 zone. This region aligns with both a short-term demand block and a former breakout retest zone, which may offer temporary support.
However, XRP price action remains vulnerable as long as bulls fail to reclaim the $2.45–$2.52 supply area. A breakdown below $2.26 would expose the asset to a potential drop toward $2.10 and eventually $1.99—the latter being a confluence of the 100-day EMA and long-term uptrend support from early April.
XRP Price: RSI, MACD Hint At Extended Weakness
The post XRP (XRP) Price Prediction for May 20 appeared first on Coin Edition.
Read More
Pi Coin (PI) Price Prediction for May 20
Shiba Inu (SHIB) Price Prediction for May 20
XRP (XRP) Price Prediction for May 20
XRP price today is trading near $2.31, slipping over 4.8% intraday as bears regain control following a failed breakout above $2.60. The latest XRP price update shows heightened selling pressure below the $2.45 resistance, with lower timeframes signaling continued downside pressure heading into May 20.
What’s Happening With XRP’s Price?
After a volatile mid-May rally that sent XRP price to $2.68, the asset is now retracing sharply toward key support zones. The 4-hour chart shows rejection from a descending trendline intersecting at $2.62, triggering a sharp pullback to the $2.28–$2.31 zone. This region aligns with both a short-term demand block and a former breakout retest zone, which may offer temporary support.
However, XRP price action remains vulnerable as long as bulls fail to reclaim the $2.45–$2.52 supply area. A breakdown below $2.26 would expose the asset to a potential drop toward $2.10 and eventually $1.99—the latter being a confluence of the 100-day EMA and long-term uptrend support from early April.
XRP Price: RSI, MACD Hint At Extended Weakness
The post XRP (XRP) Price Prediction for May 20 appeared first on Coin Edition.
Read More
Pi Coin (PI) Price Prediction for May 20