$XRP

May 10, 2025

XRP is currently trading around $2.41, marking a modest 0.42% gain over the past 24 hours.

In the near term, XRP’s price is expected to move between $2.32 and $2.37, with the possibility of dipping to $2.31 by May 11. This forecast reflects a neutral-to-bearish market sentiment, highlighted by a 33% bearish outlook and a Fear & Greed Index score of 73, indicating strong investor greed.

Technical analysis shows that XRP is nearing a key resistance level at $2.30. A breakout above this level could open the path toward $2.52 and $2.91. On the other hand, if support fails, the price may retreat toward $2.00.

Recent news, including Ripple’s $50 million settlement with the U.S. Securities and Exchange Commission, has boosted investor confidence, raising the potential for a push toward the $3.00 mark. However, significant whale activity, with large transfers to exchanges, suggests possible selling pressure that could weigh on price stability.

In conclusion, while XRP shows signs of bullish momentum, traders should stay alert, closely watching resistance levels and market signals to manage expected volatility over the next 24 hours.