xrppricemovement

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According to @TheBitJournal_ article
Regulatory Clarity Ignites XRP Momentum
XRP surged to a two-month high of $2.61 this week, following Ripple’s $50 million SEC settlement that ended years of legal uncertainty. The case, settled in the Southern District of New York, comes after Judge Analisa Torres ruled in 2023 that Ripple’s retail XRP sales didn’t violate securities laws, though institutional ones did. “The $50 million deal reduces uncertainty, clears a path for institutional participation, and makes an XRP ETF more realistic in 2025,” said blockchain lawyer Bryan Cross. This clarity has triggered increased investor confidence, growing interest in institutional products, and speculation over future XRP integration into ETFs.
Technical Breakout and Institutional Buzz Drive Price Action
XRP broke out of a two-month symmetrical triangle, jumping 12.8% in 24 hours to reach $2.61 on May 13, 2025, its highest level since March. The token now trades above both its 50-day and 200-day EMAs, with RSI at 62 and a MACD bullish crossover indicating strong momentum. Key support lies at $2.30, with resistance ahead at $3.00. “This looks like a classic pre-breakout retest. If XRP sustains above $2.60, we could see $3 tested by the end of May,” noted analyst @ChartWatchBen. Meanwhile, speculation about XRP ETFs involving Grayscale or VanEck continues, while Reuters reports CME Group may launch XRP futures, further opening institutional access.
XRP Adoption Expands as Analysts Eye $3–$10 Range
Real-world adoption of XRP continues to rise, with Travala.com and Southeast Asian remittance networks embracing the token. Wallet holders have increased by 11% in 2025, signaling growing user confidence. In the U.S., Missouri’s House Bill 594 aims to exempt XRP and Bitcoin transactions from capital gains tax. Analyst projections now place XRP’s near-term target at $3.00–$3.30, with mid-term potential reaching $5–$6 if ETF or institutional demand strengthens. Long-term, The Crypto Basic estimates a $22 price if XRP’s market cap hits $1.2 trillion. “A confirmed ETF combined with payment utility could easily push XRP to $10 within this cycle,” predicted CoinReport Weekly’s John Morgan.
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