As of now, XRP is trading at $2.39, reflecting a slight decline of 0.83% from the previous close. The intraday high reached $2.41, while the low was $2.34.

Recent developments have significantly influenced XRP's price movement:

BlackRock ETF Speculation: Speculation about BlackRock's involvement in an XRP ETF has driven the price to a seven-week high of $2.4712, with some analysts projecting a potential breakout above $3. FXEmpire

Legal Developments: Ripple's ongoing legal battle with the SEC is reportedly nearing resolution, adding to the bullish sentiment. Binance

Institutional Interest: The filing of a spot XRP ETF by Franklin Templeton has increased approval odds, fueling optimism for institutional investment. Binance

These factors contribute to a positive outlook for XRP, though market fluctuations are typical in the cryptocurrency space.