$XRP
🚨 XRP price factors for May 2025 🚨
A combination of cautious market mood and regulatory delays is influencing XRP’s pricing in May 2025. The original May 3rd deadline for the U.S. SEC’s judgment on Franklin Templeton’s planned spot XRP ETF has been extended to June 17. The proposal was submitted through the Cboe BZX Exchange in March, and the regulator stated that additional time was needed to review it. As market expectations rise for CME Group’s scheduled May 19 debut of XRP futures, this delay has increased confusion.
With a 22% decrease in trading volume over the last day and an RSI of 30, which indicates bearish momentum, XRP is currently trading flat at $2.2290 despite these developments. In the meantime, Bitcoin is trading above $95K after regaining its positive momentum following a decline to $78K. This surge in Bitcoin (BTC) has pushed the altcoin market and is further expected to push it if BTC sustains its pump in the coming weeks.
XRP traders seem to be waiting for regulatory certainty before making significant changes, despite the fact that overall market sentiment has improved.