XRP News Today: XRP Surges 19% in May 2025, Bullish Momentum Accelerates

Generated by AI AgentCoin World
Tuesday, May 13, 2025 5:17 am ET1min read

Ripple’s XRP has demonstrated renewed strength on the charts, with bullish momentum accelerating in both the short term and on the daily timeframe. As of May 13, 2025, XRP is trading near $2.50, showing a solid uptrend supported by multiple moving averages. The daily chart indicates that XRP has bounced from the $2.10 range and broken past several key resistances. On the hourly chart, the XRP price is maintaining price action above all major short-term moving averages, signaling strong intraday momentum.

Both the daily and hourly timeframes confirm a bullish structure. On the daily chart, XRP is trading above the 20-day ($2.26), 50-day ($2.17), 100-day ($2.30), and 200-day ($2.13) simple moving averages. This alignment of shorter moving averages above longer ones is a classic bullish signal. On the hourly chart, the price remains above the 20-SMA ($2.52), 50-SMA ($2.44), 100-SMA ($2.41), and 200-SMA ($2.28), indicating strong buyer support even during minor dips. These alignments suggest that both long-term holders and short-term traders are optimistic about XRP’s future performance.

The Accumulation/Distribution Line (ADL) on both charts is steadily rising, up to 1,617 on the daily and 1,595 on the hourly. This indicates consistent accumulation rather than distribution, meaning whales and institutions are likely buying, not selling. Key support levels are identified at $2.30 (aligned with the 100-SMA) and $2.10 (prior swing low). Immediate resistance is at $2.55, with major resistance levels at $2.75 and $3.00. A sustained breakout above $2.55 could trigger a rally to test the $3.00 level.

Running a Fibonacci extension from the swing low ($2.10) to the recent top near $2.55, the 0.618 extension is at approximately $2.75, the 1.0 extension is at approximately $3.00, and the 1.618 extension is at approximately $3.35. Given the bullish crossover of moving averages, the rising ADL, and growing volume, XRP has room to push higher if it holds above $2.30. For short-term traders, a buy zone is identified between $2.40 and $2.45, with targets at $2.75 and $3.00, and a stop-loss below $2.30. This offers a favorable risk/reward ratio of about 1:2.5 if targeting $3.00 from a $2.45 entry.

The charts are aligning for a strong bullish continuation. With XRP price showing strength above its major moving averages, positive accumulation, and bullish sentiment on both hourly and daily timeframes, a break above $2.55 could spark the next leg toward $3.00 and beyond. However, traders should watch closely for volume confirmation and macro news, especially regarding developments or partnerships. XRP is not just holding the line — it’s getting ready to charge.