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Sujit Kumar
May 7, 2025
by Sujit Kumar

XRP Faces Critical Juncture After 30% Monthly Price Increase

XRP Faces Critical Juncture

Table of contents

  1. Bearish Divergence Signals Possible Correction
    1. Key Resistance Levels to Watch
  2. Importance of Support Levels
Despite a significant 30% surge in price over the past month, XRP is now facing a critical juncture that warrants caution among traders. Technical analysis suggests potential headwinds that could impact its recent bullish momentum.

Bearish Divergence Signals Possible Correction

Analysts have identified a bearish divergence forming between XRP's price action and its Relative Strength Index (RSI) on the monthly chart. This divergence often indicates that the upward momentum is weakening and could precede a price correction.

Key Resistance Levels to Watch

While the recent surge has been positive, XRP is approaching key resistance levels that could halt its advance. Failure to decisively break through these levels could increase the likelihood of a pullback, aligning with the bearish divergence signal.

Importance of Support Levels

Conversely, maintaining current support levels will be crucial for XRP to sustain its upward trajectory. A break below these supports could confirm the bearish divergence and lead to a more significant price decline. Traders are advised to monitor these levels closely.

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XRP Faces Critical Juncture After 30% Monthly Price Increase
Sujit Kumar
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.