XRP Daily Update: Price Volatility Breaks Through Key Resistance Level
On May 15, 2025, XRP opened at $2.49 and reached a high of $2.67 during the day, with a 24-hour trading volume exceeding $4.2 billion and market value firmly ranking third in the global cryptocurrency market. With multiple drivers such as positive regulatory news, institutional fund inflows, and breakthroughs in technical patterns, XRP has recently shown intense fluctuations, and market attention to its future trend continues to rise. Here is today’s XRP Core dynamics and in-depth analysis.
Price fluctuations and market data: the intensification of long and short game
As of May 15, according to Gate’s market data, XRP price Within the range of $2.45 - $2.70, XRP has been trading narrowly, with a daily increase of 5.48%, but still down by about 26.86% from its historical high of $3.40 in January 2025. On-chain data shows that in the past 24 hours, there have been 47 large XRP transfers (each exceeding 1 million coins), with exchange reserves dropping to 3.87 billion coins, hitting a new low since 2023, indicating continuous inflow of institutional funds and weakening selling pressure in the market. Additionally, the size of open futures contracts has increased by $1 billion, reflecting investors’ increased bets on the short-term market trend.
From a technical perspective, XRP is currently in a phase of contention between key support and resistance levels. $2.38 has been confirmed as a strong short-term support level, while resistance is concentrated at $2.70 (Fibonacci 61.8% retracement level) and the psychological barrier of $3.00. Analysts point out that if XRP breaks above $2.70 with a daily trading volume exceeding $5 billion, it is likely to initiate a new round of uptrend.
Regulation and ecological progress: Long-term value cornerstone
Recent positive news about XRP mainly focuses on regulatory loosening and ecological cooperation:
- SEC lawsuit breakthrough: In March 2025, a U.S. court ruled that XRP does not constitute a security in specific scenarios, clearing the way for compliant trading platforms to resume XRP derivative trading, significantly improving market liquidity.
- Global settlement network test: Ripple and the central banks of Southeast Asian countries jointly developed the CBDC settlement network enters the testing phase, further consolidating XRP’s positioning as the core asset for cross-border payments.
- Institutional product expansion: Chicago Mercantile Exchange (CME) announced the launch of XRP futures contracts on May 19th. Eleven institutions including Franklin Templeton have applied for spot XRP ETF, driving expectations for institutional fund entry.
Technical and market sentiment: significant divergence
There is a significant difference of opinion in the current market on the short-term trend of XRP:
- Optimistic view: Technical analyst Egrag Crypto pointed out that XRP has formed a long-term bullish triangle flag, and breaking through may initiate the second parabolic rise, with a target price above $3.40. Morgan Stanley predicts that the reasonable valuation range for XRP in 2025-2026 is $3.00 - $3.50. If regulatory policies become clearer, the valuation center may shift upward by 15%.
- Caution warning: Some analysts warn that the XRP daily chart shows a descending triangle pattern. If it falls below the $2.06 support level, it may trigger a 45% decline to $1.20. At the same time, the number of active addresses on the chain plummeted from 608,000 in March to 30,000 in May, reflecting the potential risk of declining retail participation.
Several institutions have different predictions on the medium and long-term price of XRP:
- Cryptomus expects XRP to hit $4.56 in December, driven by the listing of CME futures and ETF approval.
- CoinCodex believes that the price will show a moderate downward trend throughout the year, possibly falling to $1.85 by the end of the year, as the large supply constrains the rise.
Conclusion: Key window period for XRP
In May 2025, XRP is at the intersection of technological breakthroughs and ecosystem implementation. The clarification of regulatory framework, the listing of CME futures, and the testing of CBDC networks inject long-term value into it, but the massive supply and market sentiment fluctuations are still factors that cannot be ignored. Investors need to closely monitor the breakthrough of the $2.70 resistance level and dynamically assess on-chain data and policy directions to seize structural opportunities in this round of the market.
