Figure:https://www.gate.com/trade/XRP_USDT
As of May 28, 2025, the price of XRP is approximately $2.32, with a slight increase of 0.45% over the past 24 hours. Over the past week, XRP has oscillated between $2.26 and $2.38, showing strong support. Since the beginning of the month, XRP has rebounded by about 4%, overall performance remaining stable.
On May 15, 2025, U.S. District Judge Torres denied the SEC’s request to lift the ban on the sale of XRP to institutions and upheld the proceedings requiring Ripple to pay a $125 million fine. This ruling triggered a short-term sell-off, with the price temporarily sliding from $2.65 to $2.27, but the subsequent rebound indicates that the market still holds a positive outlook for the long term.
From the daily chart, XRP has repeatedly stabilized above the 20-day and 50-day moving averages, and the bullish arrangement of moving averages has been initially established. The RSI (Relative Strength Index) is currently around 55, in a neutral to slightly bullish range, and there is no overbought risk yet. The trading volume briefly increased following court news, but quickly reverted to the daily average level, indicating that funds are returning to the market.
XRP has already shown strong resilience and upside potential in the 2025 bull market. Multiple favorable factors are converging, from regulatory progress, ETF expectations to technical support. However, high-level pullbacks and uncertainties from legal proceedings still exist. New investors should seize the opportunity during pullbacks, enter in batches, and implement strict stop-loss measures to achieve stable returns in this market trend.
Figure:https://www.gate.com/trade/XRP_USDT
As of May 28, 2025, the price of XRP is approximately $2.32, with a slight increase of 0.45% over the past 24 hours. Over the past week, XRP has oscillated between $2.26 and $2.38, showing strong support. Since the beginning of the month, XRP has rebounded by about 4%, overall performance remaining stable.
On May 15, 2025, U.S. District Judge Torres denied the SEC’s request to lift the ban on the sale of XRP to institutions and upheld the proceedings requiring Ripple to pay a $125 million fine. This ruling triggered a short-term sell-off, with the price temporarily sliding from $2.65 to $2.27, but the subsequent rebound indicates that the market still holds a positive outlook for the long term.
From the daily chart, XRP has repeatedly stabilized above the 20-day and 50-day moving averages, and the bullish arrangement of moving averages has been initially established. The RSI (Relative Strength Index) is currently around 55, in a neutral to slightly bullish range, and there is no overbought risk yet. The trading volume briefly increased following court news, but quickly reverted to the daily average level, indicating that funds are returning to the market.
XRP has already shown strong resilience and upside potential in the 2025 bull market. Multiple favorable factors are converging, from regulatory progress, ETF expectations to technical support. However, high-level pullbacks and uncertainties from legal proceedings still exist. New investors should seize the opportunity during pullbacks, enter in batches, and implement strict stop-loss measures to achieve stable returns in this market trend.