### Comprehensive Analysis of XRP Price (Ripple) as of May 30, 2025

#### **1. Current Price and Market Performance**

- **Current Price**: $2.2073 (down 4.12% from the last close).

- **Daily Range**: Between $2.1532 and $2.2518.

- **Market Capitalization**: $127.18 billion, with a 24-hour trading volume of nearly $1 billion.

- **Annual Performance**: Price has increased by +308.18% compared to last year.

#### **2. Technical Analysis and Indicators**

- **Overall Trend**: Elliott Wave analysis indicates that XRP is in an upward wave [C] with a short-term target of $2.648.

- **Technical Indicators**:

- **RSI (14)**: 42.4 (Sell Signal).

- **MACD**: Negative (-0.019), indicating weak upward momentum.

- **Moving Averages**:

- The price is below SMA50 ($2.2591) and SMA200 ($2.3245), reflecting downward pressure.

- **Support and Resistance Levels**:

- **Strong Support**: $2.10 (lower triangle boundary).

- **Nearby Resistance**: $2.30 (SMA200).

#### **3. Factors Affecting the Price**

- **Positive Factors**:

- XRP's inclusion in U.S. cryptocurrency reserves.

- Webus International's announcement of a $300 million XRP integration fund.

- Increased usage of RLUSD (Ripple-linked stablecoin) on platforms like Gemini and Revolut.

- **Negative Factors**:

- General decline in the cryptocurrency market, with Bitcoin down 1.81% and Ethereum down 4.67%.

- Selling pressures due to testing key resistance levels ($2.4–$2.47).

#### **4. Short and Long-Term Forecasts**

- **Short-Term (Weekly)**:

- Expecting to test support at $2.3145, followed by a bullish rebound towards $3.3265.

- Probability of breaking resistance at $2.47 targeting $4 if it maintains positive momentum.

- **Long-Term (2025–2026)**:

- Price is expected to rise to $3.60 by April 2026.

- Some analyses predict XRP reaching $30 based on Elliott Wave theory.

#### **5. Trading Tips**

- **Short-Term Traders**:

- Monitoring the breakthrough of $2.30 (SMA200) to enter buy positions with a stop loss at $2.10.

- **Long-Term Investors**:

- Buy at strong support levels ($1.90–$2.00) in preparation for a major upward wave.

### Summary

XRP is currently experiencing downward pressure due to general market volatility, but fundamental factors such as institutional adoption and the expansion of the Ripple network support its long-term prospects. Traders are advised to monitor technical support and resistance levels while considering the bullish outlook for the next two years.$XRP