Ripple (XRP) Price is consolidated less than $ 2.5 on Saturday May 11, with 5%capped gains. The indicator of fear and greed referring to the volatile days to come while the United States and China begin commercial talks to alleviate the reciprocal prices in progress.
Ripple (XRP) is below $ 2.50 while traders reserve profits on the SEC regulation
Ripple (XRP) did not follow the rhythm of the layers of layer 1 rivals after its regulation title of $ 50 million with the American sec.
The merchants used the rally focused on the news to make earnings, triggering a stand below the resistance of $ 2.50.
The XRP price gains on Saturday were capped at 5%, dragging behind Ethereum and Cardano with increases of 10.5% and 7% respectively, according to the latest data Flirtatious.
Despite the underperformance, the XRP trading volume remains high. Average weekly volumes tend 38% above the average of 30 days.
Enimony indicators on graphics of 7 days and 14 days are still showing two -digit price growth.
This indicates the high underlying demand and the confidence of investors, creating a consolidation base for a potential break.
The $ 2.50 bar remains a psychologically significant level of resistance.
XRP tested this threshold three times in the last month, withdrawing each time on increased sales pressure.
Rather than sliding below the $ 2 mark, the positive feeling of the SEC regulation and Trump's softening position on commercial transactions can trigger another lightness of the prices of undulations during future sessions.
US-Chinese trade discussions in Switzerland could raise the XRP feeling
At the same time, diplomatic openings between the United States and China draw the attention of investors. Commercial envoys met in Geneva on Saturday for pricing negotiations.
The secretary in the United States of the Treasury, Scott Bessent, heads the American delegation, with the Deputy Prime Minister, he Lifeng towards the Chinese side.
The talks follow months of economic climbing. A 145% American price wall on Chinese imports and 125% Beijing countermeasures have removed bilateral commercial volumes. Goldman Sachs projects these prices double American inflation at 4% by the end of the year. Even half of the current rates may not restore normal trade flows.
Market players closely follow Washington's statements.
“The 80% price on China seems right! Until Scott B,” published Donald Trump on Truth Social, reporting both the pressure and the flexibility of the 150% tariffs currently deducted from certain imports from China.
Trump's softening position on commercial policy and aggressive calls for Fed rate reductions continue to have a positive impact on capital flows, the appetite for investor risks and the global market feeling.
The index of fear and XRP greed is part of an extreme cupidity zone
The feeling of the Ripple market signals overheating. The index of fear and specific greed to XRP shows a current reading of 78, firmly in “greed” territory. This marks a sharp increase in the monthly period of low values of 49 barely seven days ago.
Key indicators such as pricing, social feeling and volume are all indicators of “extreme greed”. Only the concentration of whales and the domination of the late network, indicating a certain institutional caution.
This feeling of feeling, associated with geopolitical optimism and a solid technical support at $ 2.25, could prepare the ground for XRP to challenge the resistance of $ 2.50.
If the price of the undulation continues to consolidate above this threshold, the $ 3 route becomes more realistic, especially if commercial negotiations are progressing or the rotation of capital from Bitcoin accelerates.
XRP price forecasts today: the bulls target $ 2.75 if XRP erases the canal halfway
XRP Price holds a company greater than $ 2.44 on May 11, showing resilience after briefly touched an intra -day summit of $ 2.48.
Despite a slight decline of 1.2% on the daily fence, the structure remains decisive.
XRP is negotiated over the midfield of the Keltner canal at $ 2.24, which now acts as a dynamic support, while the band greater than $ 2.45 remains within reach, alluding to the latent hand pressure.
In particular, the Bbtrend oscillator increased to 6.08, confirming a change in directional resistance which supports continuation rather than exhaustion.
The volume remains high at 8 million XRP, aligning the increase in the purchase momentum in the last three sessions, suggesting that institutional flows and the biggest holders accumulate.
The XRP retaining a strong posture above the 20-day average, the bulls are likely to test the psychological barrier of $ 2.50, then targeting $ 2.75. The candle in small groups of May 9 remains intact, indicating that the follow -up is still at stake.
Bitcoin forecasts are also optimistic, trading at $ 63.4,000 with RSI almost 57 years and holding above its 50-day EMA.
XRP generally follows the feeling of Bitcoin macro, and with BTC showing no sign of overthrow, the rupture of XRP remains technically supported. In the short term, the risk of lowering can reappear if the XRP price breaks down below $ 2.24, invalidating the break in the current channel.
Frequently asked questions (FAQ)
XRP faces a high sales pressure at the resistance of $ 2.50, despite the bullish momentum and positive news such as the SEC regulation.
The settlement of 50 million dry dollars has reduced legal uncertainty, briefly increasing XRP, but the traders have made profits before sustained gains can form.
Yes. Improving trade relations could alleviate fears of inflation and raise risks, promoting speculative assets like XRP.
Ibrahim
Cryptographic analyst covering derivative markets, macro-tendencies, technical analysis and defi. His work presents in -depth information on the market, price forecasts and institutional quality research on digital assets.
Warning: The content presented may include the author's personal opinion and is subject to the market state. Do your market studies before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
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