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MainNewsXRP Price Pr...

XRP Price Prediction for May 23: Can Bulls Break Free From the $2.42 Wall?


by Parshwa Turakhiya
for CoinEdition
XRP Price Prediction for May 23
  • XRP price today is hovering around $2.41, facing resistance near the $2.42–$2.45 range.
  • Indicators show mixed signals with RSI stable and MACD slightly diverging, pointing to potential sideways-to-bullish bias.
  • Key support remains near $2.38, while a breakout above $2.45 could open a path to $2.50–$2.67.

XRP price today is trading near $2.41, holding firm after repeated attempts to clear the stubborn resistance at $2.42. Despite intraday rejections, the bulls continue to defend the $2.38 zone as short-term support. With momentum tightening between key moving averages and Fibonacci retracements, traders are watching closely: why XRP price going up today, and can it break above consolidation or retreat toward lower zones?

The broader structure remains cautiously optimistic, but buyers still need a convincing catalyst to break out of the current congestion.

What’s Happening With XRP’s Price?

The recent XRP price action has been marked by choppy but increasingly higher lows. On the 4-hour chart, XRP is compressing under the red zone of supply capped around $2.45. Despite brief spikes above $2.42, every …

The post XRP Price Prediction for May 23: Can Bulls Break Free From the $2.42 Wall? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Cardano Price Prediction for May 23: ADA Faces Resistance Near $0.80 After Sharp Rebound

Cardano Price Prediction for May 23: ADA Faces Resistance Near $0.80 After Sharp Rebound

After a strong recovery wave, the Cardano price today is trading near $0.788, consoli...
MainNewsXRP Price Pr...

XRP Price Prediction for May 23: Can Bulls Break Free From the $2.42 Wall?


by Parshwa Turakhiya
for CoinEdition
XRP Price Prediction for May 23
  • XRP price today is hovering around $2.41, facing resistance near the $2.42–$2.45 range.
  • Indicators show mixed signals with RSI stable and MACD slightly diverging, pointing to potential sideways-to-bullish bias.
  • Key support remains near $2.38, while a breakout above $2.45 could open a path to $2.50–$2.67.

XRP price today is trading near $2.41, holding firm after repeated attempts to clear the stubborn resistance at $2.42. Despite intraday rejections, the bulls continue to defend the $2.38 zone as short-term support. With momentum tightening between key moving averages and Fibonacci retracements, traders are watching closely: why XRP price going up today, and can it break above consolidation or retreat toward lower zones?

The broader structure remains cautiously optimistic, but buyers still need a convincing catalyst to break out of the current congestion.

What’s Happening With XRP’s Price?

The recent XRP price action has been marked by choppy but increasingly higher lows. On the 4-hour chart, XRP is compressing under the red zone of supply capped around $2.45. Despite brief spikes above $2.42, every …

The post XRP Price Prediction for May 23: Can Bulls Break Free From the $2.42 Wall? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Why Are Bitcoin Traders Aggressively Shorting as BTC Hits New Record High?

Why Are Bitcoin Traders Aggressively Shorting as BTC Hits New Record High?

The move comes as the long/short ratio is at its lowest point since September 2022.
Cardano Price Prediction for May 23: ADA Faces Resistance Near $0.80 After Sharp Rebound

Cardano Price Prediction for May 23: ADA Faces Resistance Near $0.80 After Sharp Rebound

After a strong recovery wave, the Cardano price today is trading near $0.788, consoli...