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XRP Update – May 6, 2025

XRP is currently trading at $2.11, with a slight 24-hour dip of -2.2%. Today's range: $2.10 – $2.19.

Key points:

Market cap: ~$123.5B (Ranked #4)

24h volume: ~$2.47B

Technical note: XRP is below key EMAs, showing short-term bearish momentum. RSI also leans bearish, but a break above $2.12 could open a path toward $2.18–$2.25.

Network activity: Still low compared to Q1 peaks, which may be weighing on short-term investor sentiment.

Outlook: Long-term projections remain cautiously optimistic, with some forecasts pointing to $3.77 by year end if adoption and use cases continue to expand.

Always research and stay informed before making any trading decisions.

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