{"id":27339,"date":"2025-05-18T08:46:45","date_gmt":"2025-05-18T08:46:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27339"},"modified":"2025-05-18T08:46:45","modified_gmt":"2025-05-18T08:46:45","slug":"xrp-price-surges-after-v-shaped-recovery-targets-3-40","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27339","title":{"rendered":"XRP Price Surges After V-Shaped Recovery, Targets $3.40"},"content":{"rendered":"<div>\n<p>Global economic tensions and regulatory developments continue to influence XRP&#8217;s price action, with the digital asset showing remarkable resilience despite recent volatility. <\/p>\n<p>After experiencing a significant dip to $2.307 on high volume, XRP has established an upward trajectory with a series of higher lows, suggesting continued momentum as it approaches resistance levels. <\/p>\n<p>Technical indicators point to a potential bullish breakout, with multiple analysts highlighting critical support at $2.35-$2.40 that must hold for upward continuation.<\/p>\n<p><strong>Technical Analysis Highlights<\/strong><\/p>\n<ul>\n<li>Price experienced a 3.76% range ($2.307-$2.396) over 24 hours with a sharp sell-off at 16:00 dropping to $2.307 on high volume (77.9M).<\/li>\n<li>Strong support emerged at $2.32 level with buyers stepping in during high-volume periods, particularly during the 13:00-14:00 recovery.<\/li>\n<li>Asset established upward trajectory, forming higher lows from the bottom, with resistance around $2.39 tested during 07:00 session.<\/li>\n<li> In the last hour, XRP climbed from $2.358 to $2.368, representing a 0.42% gain with notable volume spikes at 01:52 and 01:55.<\/li>\n<li>Price surged past resistance at $2.36 to reach $2.366, later establishing new local highs at $2.369 during 02:03 session on substantial volume (539,987).<\/li>\n<li>Currently maintaining strength above $2.368 support level with decreasing volatility suggesting potential continuation of upward trajectory.<\/li>\n<\/ul>\n<p>Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and adherence to <a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see <a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk\u2019s full AI Policy<\/a>. This article may include information from external sources, which are listed below when applicable.<\/p>\n<p><strong>External References<\/strong><\/p>\n<ul>\n<li>&#8220;<a href=\"https:\/\/cointelegraph.com\/news\/xrp-price-path-3-40-remains-intact-here-is-why\">XRP price path to $3.40 remains intact \u2014 Here is why<\/a>&#8220;, Cointelegraph, published May 16, 2025.<\/li>\n<li>&#8220;<a href=\"https:\/\/news.bitcoin.com\/xrp-price-watch-bulls-eye-2-60-as-long-term-trend-holds\/\">XRP Price Watch: Bulls Eye $2.60 as Long-Term Trend Holds<\/a>&#8220;, Bitcoin.com News, published May 17, 2025.<\/li>\n<li>&#8220;<a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-price-explosion-to-5-9\/\">XRP Price Explosion To $5.9: Current Consolidation Won\u2019t Stop XRP From Growing<\/a>&#8220;, NewsBTC, published May 17, 2025.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Global economic tensions and regulatory developments continue to influence XRP&#8217;s price action, with the digital asset showing remarkable resilience despite recent volatility. After experiencing a significant dip to $2.307 on high volume, XRP has established an upward trajectory with a series of higher lows, suggesting continued momentum as it approaches resistance levels. Technical indicators point [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27339","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27339"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27339\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}