XRP may see increased volatility after consolidation, U.Today reports
May 18, 2026, 12:26 AM
Ripple (XRP) is likely entering a technical consolidation phase, which could lead to increased volatility in the coming weeks, U.Today reported. The outlet noted that XRP has been under strong downward pressure for several months while consolidating in the $1.3 to $1.4 range. Price action is now compressing between support and resistance levels, suggesting a significant breakout or breakdown is likely. While XRP has repeatedly attempted to break resistance near its 100-day moving average, bullish momentum remains limited.
According to the analysis, a bullish breakout above the $1.49-$1.55 resistance zone could push the price toward $1.7. Conversely, a bearish breakdown below the $1.38-$1.4 support level could trigger a sharper decline.
U.Today also forecast a bullish trend for Dogecoin (DOGE), identifying $0.12 as the next major resistance, and a bearish outlook for Toncoin (TON), which could fall to $1.7 if it loses the $1.9 support level.
Log in to leave comments!
Share insights, connect ideas
Log In