Ripple is trading at $2.86 with a daily drop of -2.73%, the highest price today is $2.94, the lowest price is $2.83, and the market cap is approaching $174 billion with a massive daily trading volume exceeding $10 billion.
Technical Indicators:
The current price is still close to the 50-day moving average, reflecting a state of volatility without a clear trend.
The Relative Strength Index (RSI) is close to the neutral zone at 50 points, indicating a lack of strong momentum for either buying or selling.
MACD is leaning towards a slight negative crossover, reflecting limited selling pressure but without a collapse.
Support and Resistance Levels:
The main support is at $2.80; breaking it could open the way towards $2.70, and the secondary support is at $2.60.
The first resistance is at $3.00, an important psychological barrier, and the next resistance at $3.25. Breaking it may open the way towards $3.50–$3.70.
Latest news and important developments:
The legal case with the SEC has officially ended with a settlement that included a $125 million fine on Ripple, which has resolved the biggest legal threat that has haunted XRP for years.
The ETF filings for XRP are still pending as the SEC announced a delay in the decision until October 2025.
The new American political scene with the Trump administration supporting crypto has increased optimism for the opening of new investment funds that may include Ripple, creating a favorable environment for medium and long-term investment.
Short-term expectations: If the price maintains support at $2.80, we could see a return to test $3.00, and in the medium term, surpassing $3.25 may open the door towards the range of $3.70–$4.00. In the long term, after the legal case concludes, optimism increases for Ripple to reach levels of $5–$6.5 during 2025 if the ETF fund approvals are in its favor.
In summary, Ripple today is moving in a sensitive range between support at $2.80 and resistance at $3.00. Recent news about the conclusion of the case with the SEC and the temporary delay of ETF filings has created a mix of cautious stability and future optimism.
Recommendation for those wishing to invest 🔥
Buy near $2.80 with a stop loss below $2.70.
Initial profit-taking at $3.00–$3.20 while keeping part open in case of a strong breakout.
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