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  • ๏ปฟAnjali Belgaumkar
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    ๏ปฟAnjali Belgaumkar right arrow

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    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 โ€œEnthusiastโ€ but trust me I'm getting there.

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XRP Price Prediction For May 2025

Bitcoin is currently approaching an important resistance level on the daily charts. The largest cryptocurrency by market cap hit a reverse after touching $94,919. If Bitcoin rallies past $95000, altcoins could follow suit. XRP, ADA and Dogecoin are all down by more than 2% at the time of writing. 

As for XRP,  the altcoin is holding steady in a long-term bullish pattern, with analysts predicting the possibility for one more price surge before a major correction. 

Despite positive longer-term signs, the shorter time frame remains unclear. Recent price action lacks strong structure, and while some micro-support exists between $2.16 and $2.26, the momentum remains weak. A drop below $2.11 would invalidate the current short-term bullish wave count and could delay the rally.

According to analyst EGRAG Crypto, XRP price could be looking at a โ€˜mega monthly candle close.โ€™ The analyst has his eyes set on $27, but the measured move, as revealed by the chart, targets a massive $55 level.

Will Bitcoin Rally in May?

Now, if Bitcoin rallies, XRP and other altcoins might also record some gains. However, the question is โ€˜will May be a bullish or bearish month? May is known for the saying โ€œSell in May and go away,โ€ but Bitcoinโ€™s history tells a different story. Over the past 15 years, Bitcoin has ended May with gains 9 times and losses 6 times โ€” thatโ€™s about 67% of the time in the green. 

Data from Coinglass also shows that, on average, Bitcoin has returned over 7.9% in May over the last 12 years. This suggests May has often been a good month for Bitcoin, though itโ€™s important to remember that past results donโ€™t always predict the future.

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