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XRP Price Prediction For May 12

Published by
Anjali Belgaumkar

XRP price recorded a slight dip today and is down by more than 1% at the time of writing. According to analysts, XRP is showing early signs of a bullish turnaround and it has also broken above a previous high in Relative Strength Index (RSI). This, according to analyst Josh of Crypto World, could mean the end of the bearish trend. Additionally, if Bitcoin, Ethereum and other altcoins also continue to rise, XRP could make a bigger move. 

XRP Important Price Targets:

XRP is facing resistance around $2.45 to $2.46, an important level within a downward-trending price channel. While there was an attempt to break through this resistance, a confirmed breakout hasn’t happened yet. Until that happens, short-term resistance is expected to hold.

On the support side, XRP could find short-term buying interest around $2.31 to $2.33. Below that, additional support lies near $2.17, and even stronger support is expected between $2.05 and $2.10 if prices fall further.

XRP Elliott Wave Analysis

A key pattern visible on the chart is a triangle that formed after the 2017-2018 peak. This triangle likely ended with a breakout to the upside, starting a fifth wave that has pushed XRP much higher—an aggressive move that aligns with how these patterns typically behave.

XRP/US Dollar 1D Chart

XRP has formed what looks like a five-wave rally from its April 7 low, potentially completing the first wave of a new uptrend. The price recently hit around $2.46, which matches projections. While a further push toward $2.56 or even $2.68 is possible, there’s no confirmation yet that the wave has topped. If the price falls below $2.26, it could signal the start of a corrective wave (wave 2).

FAQs

What price will XRP reach in 2025?

The XRP price USD could reach a maximum of $5.81 by the end of 2025.

What is the XRP price prediction for 2030?

By 2030, XRP may trade between $16.92 and $26.97, driven by institutional adoption, CBDC development, and Ripple’s expansion in global payments.

Where will XRP be in 2040?

According to our XRP price prediction 2040, Ripple price could hit $178.82 by 2040, assuming widespread adoption, strong regulatory support, and Ripple’s continued dominance in cross-border payments.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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