$XRP As of May 10, 2025, XRP is trading at approximately $2.40, reflecting a 0.34% increase over the past 24 hours. This uptick follows Ripple's recent $50 million settlement with the U.S. Securities and Exchange Commission (SEC), a development that has significantly boosted investor confidence.
The settlement's positive impact is evident in the market's response, with XRP's price consolidating gains around $2.31. Analysts are optimistic, suggesting that XRP could target a breakout towards $3 in the near term. However, it's crucial for XRP to maintain support above the $2.00 level to sustain this bullish momentum.
Looking ahead to next week, forecasts indicate a potential rise to around $2.52, provided the current momentum continues. Nonetheless, traders should remain vigilant, as failure to clear key resistance levels could see the price retesting lower supports.
In summary, XRP's recent legal resolution has set the stage for potential growth, but market participants should monitor technical levels closely to navigate the upcoming week's price movements effectively.