$XRP
📈 1. Current XRP Price on Binance$XRP
As of May 21, 2025, XRP is trading at approximately $2.3751 USD on Binance, with a 24-hour trading volume of $2.92 billion. The price has experienced a slight decline of 0.44% in the last 24 hours.
Bullish Patterns: XRP has broken out of a falling wedge pattern, a bullish reversal formation, suggesting a potential price target of $3.63, representing a 55% upside from current levels.
Resistance & Support Levels: Key resistance levels are at $2.44, $2.60, $2.80, and $3.00, with support zones at $2.30 and $2.10.
Market Sentiment: The sentiment index stands at 74, indicating a state of "greed" among investors.
CME Group Futures Launch: The CME Group has launched regulated XRP futures contracts, providing institutional investors with a new avenue to trade XRP. Ripple CEO Brad Garlinghouse hailed this as a "key institutional milestone" for XRP.
ETF Approval Prospects: The likelihood of an XRP Exchange-Traded Fund (ETF) receiving approval has risen to 85% following a change in leadership at the U.S. Securities and Exchange Commission (SEC). The SEC is set to announce its decision on the Franklin Templeton spot XRP ETF by June 17, 2025.
