XRP price prediction: Will bulls reclaim $2.30 or lose grip on $2.05 support?
XRP compresses within triangle formation as price tests $2.20 barrier. Support holds near $2.05
XRP continues to trade in a narrow band around $2.17, caught between firm resistance near $2.26 and underlying support around $2.05–$2.10. The asset has been consolidating within this range throughout late April and early May, with increasingly compressed volatility and waning momentum on intraday charts suggesting an imminent breakout or breakdown.
Despite multiple attempts, XRP has failed to close above its descending resistance trendline, indicating continued distribution pressure.
XRP/USD price dynamics (Nov 2024 - May 2025) Source: TradingView.
Triangle Compression and Stalling Momentum Below $2.20
On the daily chart, XRP remains wedged beneath a descending trendline that extends from its March highs, with each retest near $2.26 facing rejection. Price continues to form a tightening triangle structure, while the $2.05–$2.10 region serves as a key horizontal support. The inability to close above $2.20 suggests that buyers are lacking conviction, even as sellers have failed to break through the lower range floor.
The 4-hour chart reinforces this indecision. Price action shows a pattern of lower highs, and XRP is now trading below its 50, 100, and 200 EMAs—all bunched between $2.181 and $2.19. The Relative Strength Index (RSI) on the 4-hour timeframe reads 43.29, tilting slightly bearish but not oversold. MACD also remains below zero, with both signal lines declining. While the histogram has flattened, indicating a pause in selling pressure, no bullish divergence has yet formed.
Range Bound Setup Persists Into Early May
Bollinger Bands on the 4-hour chart continue to contract, with XRP hugging the lower band near $2.15. This narrow setup indicates that a larger move is imminent. The $2.26–$2.30 resistance band remains the critical breakout zone; a confirmed daily close above this area could trigger an upside push toward $2.45 and potentially $2.60. However, until that occurs, the broader structure remains neutral to bearish.
Failure to reclaim $2.20 may embolden sellers to retest the $2.05–$2.00 zone. A clean breakdown below $2.05 could accelerate downside pressure toward $1.88, especially if momentum continues to fade. Volume remains subdued on both upswings and pullbacks, reinforcing the likelihood of continued chop unless a decisive breakout occurs.
As outlined in our earlier May 2025 outlook, XRP’s failure to reclaim the $2.26 resistance trendline capped upside expectations heading into the first week of the month. That resistance zone remains in place, and the broader triangle consolidation is still compressing. Unless XRP decisively breaks out above the descending structure or loses the $2.05 floor, price is expected to remain range-bound over the next few sessions.
