XRP Drops to $2.29 — What’s Next for the Market?

6/1/2025, 9:23:25 PM
On May 27, 2025, XRP was approximately $2.29, a fall of 0.90% compared to the previous day. This article analyzes the current trend, market dynamics, and future potential to help beginners seize opportunities.

Current Price Overview


Figure:https://www.gate.com/trade/XRP_USDT

As of May 27, 2025, XRP is approximately $2.29, falling 0.90% from the previous day, with a cumulative decline of about 6.1% over the past week, yet still above the yearly high, indicating that bullish momentum has not completely faded.

Market Trends and News

  • Altcoin Selection: Recently, several research institutions have listed XRP as one of the “most valuable altcoins of 2025”, mainly based on its application prospects in cross-border payment solutions.
  • Major banks predict: A report from Standard Chartered indicates that if Ripple gains a larger share in the payment clearing market in multiple countries, the price of XRP is expected to rise to $12.50 before 2028, an increase of over 450%.

Technical Analysis and Prediction

  • Chart Pattern: Long-term technical charts show that XRP is still expected to gradually break through the upper band after consolidating in the range of 2.10 to 2.50 USD. EGRAG Crypto predicts it may reach a short-term resistance level of 27.30 USD by the end of the year.
  • Whale Activity: Santiment data shows that addresses holding 1 million to 10 million XRP have increased their holdings by over 1.4 billion this month, with a total value exceeding 3.2 billion USD, suggesting that institutional investors are optimistic about the mid to long-term trend.

Investor advice

  • DCA: If you believe in the long-term value, you can gradually accumulate positions in the range of $2.20 to $2.30 to reduce the risk of a single entry.
  • Focus on regulation: The lawsuit between Ripple and the US SEC is still ongoing, and any positive developments could lead to a short-term explosion; it is recommended to keep up with official announcements.
  • Set Stop Loss: Given the high volatility of the cryptocurrency market, it is recommended to set the stop loss below $2.05 to strictly control risks.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.

XRP Drops to $2.29 — What’s Next for the Market?

6/1/2025, 9:23:25 PM
On May 27, 2025, XRP was approximately $2.29, a fall of 0.90% compared to the previous day. This article analyzes the current trend, market dynamics, and future potential to help beginners seize opportunities.

Current Price Overview


Figure:https://www.gate.com/trade/XRP_USDT

As of May 27, 2025, XRP is approximately $2.29, falling 0.90% from the previous day, with a cumulative decline of about 6.1% over the past week, yet still above the yearly high, indicating that bullish momentum has not completely faded.

Market Trends and News

  • Altcoin Selection: Recently, several research institutions have listed XRP as one of the “most valuable altcoins of 2025”, mainly based on its application prospects in cross-border payment solutions.
  • Major banks predict: A report from Standard Chartered indicates that if Ripple gains a larger share in the payment clearing market in multiple countries, the price of XRP is expected to rise to $12.50 before 2028, an increase of over 450%.

Technical Analysis and Prediction

  • Chart Pattern: Long-term technical charts show that XRP is still expected to gradually break through the upper band after consolidating in the range of 2.10 to 2.50 USD. EGRAG Crypto predicts it may reach a short-term resistance level of 27.30 USD by the end of the year.
  • Whale Activity: Santiment data shows that addresses holding 1 million to 10 million XRP have increased their holdings by over 1.4 billion this month, with a total value exceeding 3.2 billion USD, suggesting that institutional investors are optimistic about the mid to long-term trend.

Investor advice

  • DCA: If you believe in the long-term value, you can gradually accumulate positions in the range of $2.20 to $2.30 to reduce the risk of a single entry.
  • Focus on regulation: The lawsuit between Ripple and the US SEC is still ongoing, and any positive developments could lead to a short-term explosion; it is recommended to keep up with official announcements.
  • Set Stop Loss: Given the high volatility of the cryptocurrency market, it is recommended to set the stop loss below $2.05 to strictly control risks.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
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