Technical Analysis of XRP as of today, May 10, 2025, in a copyable format:

Technical Analysis of XRP – May 10, 2025

Current Price: XRP is trading at $2.34, up 1.02% for the day.

General Trend: Horizontal accumulation with a slight upward tilt.

Support and Resistance Levels:

Main Support: $2.15, followed by $2.00.

First Resistance: $2.41, then $2.50. Breaking this barrier could push the price towards $3.00.

Technical Indicators:

RSI Indicator: Ranges between 55 and 60, indicating moderate momentum.

Trading Volumes: Increased by 100% over 24 hours, reflecting growing interest.

Key Influential News

Ripple Settlement with SEC: A final settlement of $50 million has been agreed upon, lifting regulatory pressure off XRP.

CME Futures Contracts: Set to launch on May 19, 2025, which may open the door for institutional entry.

Strategic Partnership with Wellgistics: An American pharmaceutical company will use XRP for instant payment in a $50 million financing deal.

Potential Forecasts

Bullish Scenario: If it surpasses the level of $2.50, the next target will be $3.00 then $4.85.

Bearish Scenario: Breaking the support at $2.15 could lead to a decline towards $2.00 then $1.89.

Summary: XRP shows positive signals supported by regulatory news and actual partnerships, but it remains essential to monitor levels 2.15 and 2.50 to confidently determine the upcoming trend.