$XRP
As of May 18, 2025, XRP is trading at $2.34, reflecting a 3.58% decline over the past 24 hours. The cryptocurrency's market capitalization stands at $136.86 billion, with a 24-hour trading volume of $3.12 billion.
Despite recent price fluctuations, XRP has reclaimed support around the $2.3550–$2.3650 zone after a strong rejection from lower levels. The chart shows a clear bullish engulfing structure followed by consolidation, suggesting a healthy pullback and retest of previous support-turned-resistance — now acting as demand. A continuation toward higher resistance at $2.4177 is highly probable if bulls maintain control.
In terms of legal developments, $XRP experienced a 3% decline, currently trading at $2.40, following a U.S. judge's rejection of Ripple's proposed $50 million settlement with the SEC. This decision has led to a $160 million decrease in Open Interest, indicating reduced trader confidence in the near-term outlook.
Looking ahead, analysts predict that $XRP will easily break through $3, $5, and then hit $10 to $20 as institutional money starts pouring in. Some even hint at a long-term XRP price hitting $100 to $1,000, especially once major banks adopt it for cross-border.