XRP Price Analysis: Bullish Signals Emerge for May 14th

Ripple (XRP) prices have shown a steady rebound over the past few days, breaking out of a descending channel to reach $2.57 at the time of writing. This positive trend suggests buyers are gradually returning to the market, although some hesitation persists. A tug-of-war between bulls and bears is apparent in the current trading pattern, with slight bullish momentum. 4-hour chart analysis reveals key support levels around $2.54 and $2.50. Breaking these levels could propel the price higher.