On Sunday, June 1, 2025, the XRP currency is experiencing notable fluctuations in its performance, affected by regulatory and technical factors.
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📉 Current Price
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⚖️ Influencing Factors
Legal Challenges: Judge Torres rejected a request from the U.S. Securities and Exchange Commission (SEC), increasing legal uncertainty and causing the price of XRP to drop below $2.10 for the first time since May 6.
Launch of New Tokens: On June 1, Ripple launched one billion XRP tokens from escrow, adding over $2.3 billion to the market, which may impact supply and demand.
Global Economic Fluctuations: Global economic tensions, including U.S. trade policies, have led to market volatility, affecting XRP's performance.
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🔮 Future Predictions
Expected Trading Range: The price of XRP is expected to range between $2.05 and $2.50 during the first week of June, depending on a break of resistance or facing sell pressure.
Optimism About ETF: Despite the challenges, there is optimism regarding the approval of XRP Exchange-Traded Funds (ETFs).
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