$XRP XRP's current price is around $3.57, with a 3.60% increase today. Its market cap stands at approximately $214.21 billion, ranking it 3rd in the crypto market. The coin has seen significant growth, surging over 120% from its lowest point in April and reaching a seven-year high of $3.66 recently.
*Key Price Levels to Watch:*
- *Support Levels:* $3.00, $2.70-$3.00 range, and $2.40 (50-day simple moving average)
- *Resistance Levels:* $4.00, $4.30-$4.38 range, and $6.12 (next key resistance)
*Market Sentiment and Predictions:*
- Analysts predict XRP could reach $6 or even $20 in the current bull run, driven by strong technical indicators and growing institutional interest.
- However, some experts caution about potential corrections, citing overbought conditions and the need for a pullback.¹ ² ³
*Recent News and Developments:*
- XRP's market cap has surpassed McDonald's, highlighting its growing influence in the financial sector.
- The GENIUS Act's passage has boosted market sentiment, and XRP's price has responded positively.
- Ripple's CEO has made bold predictions about XRP's potential to capture a significant share of the global payment market.
