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<p>XRP Price Prediction for May 16</p>
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<h2 id="header-1"></h2><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/48e1d2e4b6bd4a83a742f3486b26fab3.png">
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<p>Does XRP have enough strength for continued rise?</p>
<p>The price of XRP has increased by 1.13% over the last day.</p>
<p>On the hourly chart, the rate of XRP is still under sellers' pressure, as it is closer to the support than to the resistance level. In this case, there is still a chance to see a breakout, followed by a move to the $0.51 area.</p>
<p>On the bigger time frame, none of the sides is dominating after yesterday's bullish candle closure.</p>
<p>Respectively, ongoing sideways trading in the zone of $0.51-$0.52 is the more likely scenario until the end of the week.</p>
<p>On the weekly chart, the picture is quite similar. If the bar closes around the current prices, traders may witness a consolidation between $0.50 and $0.54 by the end of May. XRP is trading at $0.5190 at press time.</p>
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<p><strong>#XRP </strong> <strong>#Ripple </strong> <strong>#Senate </strong> <strong>#BitcoinETF </strong> <strong>#SEC </strong> $XRP $BTC $ETH</p>

XRP Price Prediction for May 16

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