The XRP price stalls below $2.50 as traders take profits. Bulls eye breakout of $2.75 amid SEC clarification and renewed US-China trade optimism
Ripple (XRP) price stabilizes below $2.5 on Saturday, May 11, with a 5% gain. The fear-mongering signal points to volatile days ahead as the U.S. and China begin trade talks to reduce ongoing mutual tariffs.
Ripple (XRP) Stalls Below $2.50 as Traders Book Profits on SEC Settlement
Ripple (XRP) failed to keep pace with rival Layer-1 tokens after headline-grabbing $50 million settlement with the US SEC.
Traders used the news-driven rally to take advantage, triggering a stall below the $2.50 resistance.
According to the latest data from CoinGecko, XRP's price gains on Saturday were limited to 5%, trailing Ethereum and Cardano with gains of 10.5% and 7% respectively.
Despite underperformance, $XRP trading volume remains high. Weekly average volumes are trending 38% higher than the 30-day average.
The momentum indicators on the 7-day and 14-day charts still show double-digit price gains.
This indicates strong underlying demand and investor confidence, setting a solid foundation for a potential breakout.
The $2.50 mark remains an important psychological resistance level.
XRP has tested this range three times in the past month, retreating each time on increasing selling pressure.
Rather than slipping below the $2 mark, positive sentiment from the SEC settlement and Trump's easing of trade deals could trigger another surge in prices in the coming sessions.
US-China trade talks in Switzerland may boost XRP sentiment
At the same time, diplomatic overtures between the US and China are attracting investors' attention. Trade envoys met for tariff talks in Geneva on Saturday.
US Treasury Secretary Scott Besant is leading the US delegation, while the Chinese delegation is headed by Deputy Prime Minister Hailing.
The talks came after months of economic tension. A 145% US tariff wall on Chinese imports and Beijing's 125% retaliatory measures have suppressed bilateral trade volumes.
Goldman Sachs estimates that the tariffs will double U.S. inflation to 4% by year-end. Even halving the current rates cannot restore normal trade flows.
Market participants are closely monitoring the statements from Washington.
"An 80% tariff on China sounds right! Until Scott B," Donald Trump posted on TruthSocial, indicating both pressure and flexibility from tariffs currently up to 150% on certain imports from China.
Trump's dovish stance on trade policy and aggressive calls for Fed rate cuts continue to positively impact capital flows, investors' risk appetite and global market sentiment.
XRP Fear and Greed Index enters extreme greed territory
Ripple's market sentiment is signaling to be overheated. The $XRP Specific Fear and Greed Index shows a current reading of 78, firmly in “greed” territory. This marks a sharp rise from the monthly timeframe lows of 49 just seven days ago.
Key indicators such as price continuity, social sentiment, and volume are all flashing "extremely bullish."
Only the concentration of the wheel and the dominance of the network indicate some institutional caution.
This sentiment trend, coupled with geopolitical optimism and strong technical support at $2.25, could set the stage for XRP to challenge the $2.50 resistance once again.
If the Ripple price continues to stabilize above this threshold, the path to $3 becomes more realistic, especially if trade talks progress or capital flows from Bitcoin accelerate.
XRP Price Prediction Today: Bulls will target $2.75 if XRP clears mid-Keltner channel.
XRP price is holding firm above $2.44 on May 11, showing resilience after briefly touching an intraday high of $2.48.
Despite a slight 1.2% pullback at the daily close, the structure remains decidedly bullish.
XRP trades above the midline of the Keltner channel at $2.24, which now serves as dynamic support, while the upper band remains within reach of $2.45, indicating latent upside pressure.
In particular, the BBTrend oscillator has moved up to 6.08, confirming a change in directional strength that supports continuation rather than exhaustion.
Volume remains high at 8 million XRP, consistent with increased buying momentum over the past three sessions, suggesting that institutional Flows and large holders are accumulating.
With XRP maintaining a strong currency above its 20-day moving average, bulls are likely to retest the psychological $2.50 barrier, with the next target at $2.75. The breakout candle from May 9 remains intact, indicating that the follow-through is still in place.
Bitcoin forecast remains bullish today, with the RSI trading near 57 at $63.4K and holding above the 50-day EMA.
XRP generally follows Bitcoin's macro sentiment, and with BTC showing no signs of reversal, XRP's breakout remains technically supportive.
In the short term, if the XRP price breaks below $2.24, bearish risks could re-emerge, invalidating the current channel breakout.
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