Saturday, July 26, 2025
Daily Crypto Post
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
Daily Crypto Post
No Result
View All Result

XRP Price Prediction for May 3: Bollinger Bands Hints At A Price Shift

Munene Timothy by Munene Timothy
May 2, 2025
in News, XRP News
Reading Time: 4 mins read
XRP Price Prediction for May 3
Share on FacebookShare on TwitterShare on RedditShare on Telegram
  • XRP trades at $2.21, with sideways amid low volatility; Bollinger Bands and volume hint at an upcoming price shift.
  • A death cross between 50 day and 200 day moving averages suggests bearish momentum unless price breaks above $2.23.
  • XRP’s 6.34M holders show rising interest despite a 38% drop from March highs, indicating ongoing market engagement.

On May 2, at the time of publication, XRP was trading at $2.21, a 0.37% gain over the past 24 hours. Over the past week, the token increased by 1.19%, while its 30 day performance showed a stronger 6.61% surge. XRP’s market cap is at $129.52 billion after increasing by 0.50%. 

However, daily volume dropped by 35.56%, totaling to $2.25 billion. XRP’s fully diluted valuation is at $221.38 billion, while the circulating supply was 58.5 billion out of the 99.98 billion total tokens. XRP’s volume to market cap ratio is at 1.75%, indicating reduced trading activity. 

Related articles

ETH Unstaking Surges as Institutional Investors Favor Treasury-Style Crypto Allocations

ETH Unstaking Surges as Institutional Investors Favor Treasury-Style Crypto Allocations

July 26, 2025
Breakout Watch XRP Consolidation Sparks Bullish Speculation Across XRPL Tokens

XRP’s Bullish Momentum Intensifies as Analysts Forecast Major Breakout Toward $4

July 26, 2025

Tight Range Movement and Potential Breakout

XRP has had a sideways movement since mid-April, consistently aligning with the 20 day simple moving average. Bollinger Bands place the upper limit at $2.3010 and the lower band at $2.0197, with the mid band resting at $2.1603. The price is slightly above the mid band, hinting at mild upward pressure.

Source: TradingView

However, the narrowing of the bands indicates limited volatility. Candlestick wicks across recent sessions indicate indecision, suggesting price consolidation. This behavior, together with the tight band formation, could point to a change in movement if volume changes.

The Accumulation/Distribution (A/D) line is flat near 73.89 billion. This position suggests XRP is neither facing intense selling nor aggressive accumulation. Volume remains steady, with a slight bullish bias, aligning with its stable range and supporting cautious optimism.

Moving Averages Indicate Bearish Outlook

XRP has fallen roughly by 38% since its recent high near $3.38, with the price now near $2.08. A strong downtrend began in mid March and remains in effect. The 50 day moving average is at $2.23, now below the 200 day moving average at $2.32. This forms a death cross, a technical pattern that typically indicates downward pressure.

Source: Santiment

XRP trades below both averages, emphasizing the bearish outlook. Unless the price recovers above $2.23, it risks further decline. However, reclaiming this level could change near term direction.

At the same time, the number of XRP holders surpassed 6.34 million, showing rising interest despite falling prices. The total XRPL assets issued remained stable near 5,038, indicating steady development.

Key Levels to Watch on May 3

If XRP moves above the $2.30 Bollinger Band, it may test resistance near $2.35 to $2.40. However, if momentum fails and it dips below $2.16, support levels around $2.05 to $2.00 could be tested.

Additionally, reclaiming the 50 day moving average at $2.23 might allow a short-term push toward $2.30 or higher. A continued rejection below that level, however, could open a decline to $1.95 or even $1.90. Price on May 3 will likely depend on volume changes and broader sentiment. 

Related Posts

ETH Unstaking Surges as Institutional Investors Favor Treasury-Style Crypto Allocations

ETH Unstaking Surges as Institutional Investors Favor Treasury-Style Crypto Allocations

by Veronicah Peninah
July 26, 2025

Ethereum exit queue surged in July, marking the highest unstaking demand in over a year as capital rotation accelerates. Venture...

Breakout Watch XRP Consolidation Sparks Bullish Speculation Across XRPL Tokens

XRP’s Bullish Momentum Intensifies as Analysts Forecast Major Breakout Toward $4

by Irene Mukiri
July 26, 2025

XRP's bullish crossover signals mirror historic setups that preceded massive rallies Whale wallets added 410M XRP in two weeks, signaling...

Trump’s DeFi Speculations Shake Crypto Markets Key Altcoins React

$175M in Insider Unlocks Set to Shake Crypto Market This Week

by Munene Timothy
July 26, 2025

SUI leads weekly unlocks with $108M (0.85% of supply) on Aug 1, raising its total unlocked share to 34.57%. JUP...

Crypto Market Sees Minor Pullback Amid Record Stock Highs, Small Caps Take the Spotlight

The Only 4 Crypto to Buy in This Market Dip (Reasons Explained)

by Munene Timothy
July 26, 2025

Bitcoin rallies on $13.5B in institutional inflows and potential Fed rate cuts after Trump–Powell meeting ahead of July 29 FOMC....

XRP Price Forecast Can 1,000 Coins Hit $9,000 by 2026

XRP Price Forecast: Can 1,000 Coins Hit $9,000 by 2026?

by Jonathan Carls
July 26, 2025

XRP ETF filings from $240B firms mark a pivotal moment for institutional adoption. RLUSD's 604% surge boosts XRP use, with...

Load More

Recent News

  • ETH Unstaking Surges as Institutional Investors Favor Treasury-Style Crypto Allocations
  • XRP’s Bullish Momentum Intensifies as Analysts Forecast Major Breakout Toward $4
  • $175M in Insider Unlocks Set to Shake Crypto Market This Week
  • The Only 4 Crypto to Buy in This Market Dip (Reasons Explained)
  • XRP Price Forecast: Can 1,000 Coins Hit $9,000 by 2026?

Popular News

  • Solana SOL Has Just Reclaimed $7 Billion in DeFi TVL

    Solana: SOL Has Just Reclaimed $7 Billion in DeFi TVL

    232 shares
    Share 93 Tweet 58
  • Over $33M in Token Unlocks Set to Impact Crypto Markets Amid Escalating Global Tensions

    200 shares
    Share 80 Tweet 50
  • KEKIUS Price Prediction for June 2025: Signs of Weak Momentum and Accumulation Battle

    198 shares
    Share 79 Tweet 50
  • Bitcoin and Ethereum Face Pressure as 2,500 BTC and 80,000 ETH Hit Exchanges Amid Political Fallout

    197 shares
    Share 79 Tweet 49
  • Market Analyst say XRP Could Finally Break Out of Its Current Consolidation in 2-4 weeks If It’s Following 2017

    196 shares
    Share 78 Tweet 49

Live Crypto News | Bitcoin and Altcoins News & Insights.

Recent News

ETH Unstaking Surges as Institutional Investors Favor Treasury-Style Crypto Allocations
ETH Unstaking Surges as Institutional Investors Favor Treasury-Style Crypto Allocations
July 26, 2025
Breakout Watch XRP Consolidation Sparks Bullish Speculation Across XRPL Tokens
XRP’s Bullish Momentum Intensifies as Analysts Forecast Major Breakout Toward $4
July 26, 2025
Trump’s DeFi Speculations Shake Crypto Markets Key Altcoins React
$175M in Insider Unlocks Set to Shake Crypto Market This Week
July 26, 2025

© Daily Crypto Post. Live Crypto News | Bitcoin and Altcoins News & Insights. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact