As of May 9, 2025, the price of XRP remains stable at $2.39, with an intraday increase of about 3.5%. Recently, the market sentiment for XRP has been positive, mainly benefiting from Ripple's $50 million settlement agreement with the U.S. Securities and Exchange Commission (SEC), which ends a years-long legal dispute. Additionally, CME Group plans to launch XRP futures contracts on May 19, indicating increasing interest from institutional investors in XRP. Technical analyst EGRAG points out that if the price of XRP breaks through $2.41 and holds for three days, it will confirm a new upward trend, with a target price potentially reaching $4.85 or even higher. However, if the price falls below $2.15, it may trigger further correction.