๐Ÿ“‰ Current Snapshot (Late May 2025)

XRP is trading around $2.13, down ~4% in 24 hours.

Broken below 200-day moving average โ€” a bearish sign.

RSI is under 50 โ€” indicating weakening momentum.

Institutional outflows and futures open interest is dropping.

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๐Ÿ”ฎ My Outlook for XRP

โ›… Short-Term (Next 1โ€“2 weeks): Bearish to Sideways

Support level: Around $2.00 โ€” if it breaks, next support is $1.85โ€“$1.93.

Resistance: ~$2.30โ€“$2.40 โ€” likely to face selling pressure there.

Market sentiment is cautious due to:

Uncertainty with SEC not giving updates on Ripple.

General crypto market weakness (Bitcoin also retracing).

Reduced institutional interest (ETP outflows).

๐Ÿง  Strategy tip if you're conservative: Stay on the sidelines or use tight stop-loss if entering a position. RSI below 50 and declining open interest suggest no strong buying momentum yet.

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๐ŸŒค๏ธ Mid-Term (1โ€“3 months): Cautiously Bullish, if...

If XRP holds above $1.90 and consolidates, and:

Thereโ€™s any positive regulatory clarity,

Or Bitcoin rebounds toward $110K+,

Or Ripple announces new partnerships or utility updates,

then XRP may retest $2.50โ€“$2.80 range, especially going into the next earnings and legal cycle.

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โš ๏ธ Key Watchpoints

Bitcoinโ€™s direction: XRP tends to follow BTC sentiment.

SEC vs Ripple developments: Any dismissal or ruling news can swing price fast.

Volume and RSI: Watch for signs of accumulation or positive divergence.