XRP Price Prediction for May 26

XRP Bounces Back After Brief Market Correction

The recent market correction has proven short-lived, with XRP demonstrating resilience by gaining 1.08% over the past 24 hours according to CoinStats data.

Technical Analysis Shows Mixed Signals

On the hourly chart, XRP is testing the local support level at $2.3189. A daily close below this mark could trigger further declines toward the $2.30-$2.31 range. However, the cryptocurrency has once again rebounded from the $2.36 resistance level on larger time frames.

If the current price level holds or declines further, traders should watch for potential tests of support levels in coming days. The weekly candle's closure relative to $2.2984 will be particularly significant - a breakout below this level could signal momentum for a drop toward $2.20.

As of the latest update, XRP is trading at $2.3205.