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 Cover image via <a href="https://u.today/">U.Today</a>
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The market is trading sideways today, according to <a href="https://u.today/shib-price-prediction-for-may-17">CoinStats</a>.
<img data-entity-type="file" data-entity-uuid="00a1dad1-324b-4b1a-bfdb-8627f2d63900" src="https://u.today/sites/default/files/inline-images/top10_1123.png">XRP chart by&nbsp;<a href="https://coinstats.app/coins/">CoinStats</a>
<h2 class="text-align-justify" id="xrp-usd">XRP/USD</h2>
The rate of XRP has declined by 0.39% since yesterday.
<img data-entity-type="file" data-entity-uuid="f04cd028-31a4-4d07-a0a8-ad1357fa6f91" src="https://u.today/sites/default/files/inline-images/xrp1_156.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT">TradingView</a>
On the hourly time frame, the price has broken the support level of $0.5219. If buyers cannot seize the initiative soon, the drop is likely to continue to the <a href="https://u.today/xrp-price-prediction-for-may-16">$0.5150 zone</a> soon.
<img data-entity-type="file" data-entity-uuid="98b77f68-6983-453a-be4b-38fc268a063d" src="https://u.today/sites/default/files/inline-images/xrp2_150.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT">TradingView</a>
On the bigger time frame, buyers need more time to accumulate energy for a further move. In this case, consolidation in the zone of $0.5150-$0.5250 is the more likely scenario for the next days.
<img data-entity-type="file" data-entity-uuid="2328e29b-73da-4503-9765-53eaf666857c" src="https://u.today/sites/default/files/inline-images/xrp3_145.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT">TradingView</a>
A slightly better situation is on the weekly chart. However, it is early to think about a fast reversal as the rate is far from the main levels. All in all, one can expect sideways trading between $0.51 and $0.54 until the end of the month.
XRP is trading at $0.5206 at press time.

XRP Price Prediction for May 18

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