On May 16, 2025, XRP is trading in the range of $2.53–2.65 after a recent rise but shows volatility. The main reason is a large liquidation of positions ($8+ million) and a decrease in activity on the XRP Ledger. At the same time, Judge Anisa Torres denied Ripple and the SEC's request to reduce the fine to $50 million, leaving the $125 million decision in place. This has raised concerns among investors and is putting pressure on the market.

Technical analysis shows a risk of decline to $1.24 if support at the $2.00 level is broken. The 'inverted cup with handle' pattern on the chart indicates a potential corrective trend. However, there is also a positive: CME Group announced the launch of XRP futures on May 19, which could stimulate institutional demand.

In such conditions, the current price level may be favorable for partial profit-taking while keeping the position open for potential growth after the launch of futures.