XRP's current price is $2.35, with a 0.79% decrease in the last 24 hours. The cryptocurrency has been fluctuating within a $2.33–$2.41 corridor over the past 48 hours, with bulls struggling to regain control above the $2.40 short-term resistance. Support is holding firm at $2.34.
Key technical indicators driving XRP price volatility include ¹:
- *Resistance Levels:* $2.42 and $2.48
- *Support Levels:* $2.34, $2.28, and $2.21
Analysts predict a potential breakout or breakdown, with CoinDesk's AI model forecasting XRP to reach $2.85 by June 1, 2025. Standard Chartered projects XRP to hit $5.50 by December 2025, driven by ETF approvals and increased adoption ².
*Short-Term Outlook:*
- *June 1, 2025:* $2.85 (CoinDesk AI Model)
- *Q2 2025:* $3.40 (Michaël Van de Poppe)
*Long-Term Predictions:*
- *2025:* $5.50 (Standard Chartered)
- *2026:* $8.00 (Standard Chartered)
- *2028:* $12.50 (Standard Chartered)
- *2030:* $10–$20 (Speculative Analyst Estimates)
The XRP price surge is attributed to regulatory wins, ETF speculation, technical breakouts, and growing adoption. However, risks remain, including overbought conditions and potential ETF delays ².$XRP