$XRP – What could influence the price on May 23, 2025?**

🏦 1. Expansion of ETF offerings on #XRP in Europe

Swedish cryptocurrency asset manager, Virtune, today launched its Virtune XRP ETP on the German stock exchange Deutsche Börse Xetra. This physically backed investment product offers investors regulated and secure access to #XRP , which may increase institutional interest and affect the token's price increase.

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⚖️ 2. Progress in regulations and the SEC case

Ripple concluded its court case with the SEC on May 8, 2025, bringing greater regulatory clarity for XRP. However, delays in the approval of XRP-based ETFs by the SEC continue to affect investor sentiment. Further regulatory decisions could significantly impact the price of XRP.

📊 3. Technical analysis and price forecasts

Golden Cross: XRP formed a so-called "golden cross" on the weekly chart against Bitcoin, which is considered a bullish signal and may indicate potential price growth in the medium term.

Price forecasts: Analysts predict that XRP could reach levels from $3.33 to as high as $5.85 in the coming weeks, depending on further market and technical developments.

🔄 4. Increase in activity in the derivatives market

Open positions in XRP futures contracts reached a value of $2.2 billion, indicating growing investor interest and potential price volatility in the near future.

💡 Summary

Today's events, such as the launch of the XRP ETF in Germany, progress in regulations, and positive technical signals, could contribute to an increase in the price of XRP. However, investors should exercise caution and monitor further developments, especially in the context of regulatory decisions and market sentiment.

*Remember that investing in cryptocurrencies involves risks, and the above information does not constitute investment advice.*