$XRP

As of May 10, 2025, XRP is trading at approximately $2.44, reflecting a modest gain of 3.39% over the previous close.

XRP has experienced significant volatility in recent weeks. After reaching a high of $2.72 earlier this month, the price dipped to around $2.08 due to profit-taking and broader market uncertainties. However, it has since rebounded, with increased trading volumes and renewed investor interest.

Technical analysis suggests that if XRP maintains its current momentum, it could target resistance levels at $2.60 and $3.00. Support is observed at the 50-day and 200-day moving averages, around $2.165 and $2.109, respectively.

Looking ahead, several factors could influence XRP's trajectory:

Institutional Interest: The upcoming launch of XRP futures by CME Group on May 19 is expected to enhance liquidity and attract institutional investors.

Regulatory Developments: The potential approval of a spot XRP ETF could further legitimize the asset and expand its investor base.

Market Sentiment: Analysts have varied predictions for XRP's price in 2025, ranging from $3 to as high as $10, depending on market conditions and adoption rates.