Latest news and updates regarding $XRP that could affect its price?

The latest news and updates regarding XRP that could affect its price include several key developments from my perspective. XRP has shown notable movement, reaching $2.65 as of May 14, 2025, with a 20% increase this month alone 4. However, recent technical analysis suggests caution, as XRP is currently exhibiting a bearish descending triangle pattern on its daily chart, which could lead to a significant price drop 3. At the same time, the live XRP price today stands at $2.45 USD, showing an uptick of 1.59% in the last 24 hours.

Looking ahead, potential catalysts for June 2025 have been identified by The Motley Fool, including an ETF decision, a Federal Reserve meeting, and an XRPL event that may influence the XRP price. Meanwhile, Ripple CEO Brad Garlinghouse has made headlines with a 'massive' trillion-dollar prediction amid Bitcoin, XRP, and crypto market swings .

Despite these bullish signals, XRP trails the broader market as SEC hesitancy on ETF approvals continues, with investors closely watching for May court filings and whether XRP can overcome the $3.00 resistance level. Additionally, while Ripple’s legal win against the SEC was a positive development, analysts caution that it's just one factor among many influencing the cryptocurrency's value.

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