XRP today's latest update: price fluctuates and breaks through key resistance level

On May 15, 2025, XRP opened at $2.49 and hit an intraday high of $2.67, with a 24-hour trading volume of more than $4.2 billion, ranking third in the world in terms of market capitalization. Driven by favorable regulations, institutional inflows, and breakthroughs in technical patterns, XRP has recently shown sharp volatility, and the market's attention to its future trend continues to heat up. Here's a look at the key takeaways from XRP today.

Price Volatility and Market Data: Escalating Bull-Bear Game

As of May 15, according to Gate market data, the XRP price fluctuated in a narrow range of $2.45 - $2.70, up 5.48% in a single day, but still down about 26.86% from the all-time high of $3.40 in January 2025. On-chain data shows that in the past 24 hours, there have been 47 large-value XRP transfers (more than 1 million in a single transaction), and the exchange reserve balance has dropped to 3.87 billion, a new low since 2023, indicating that institutional funds continue to flow in and the market selling pressure has weakened. In addition, futures open interest increased by $1 billion, reflecting increased investor bets on short-term markets.

From a technical perspective, XRP is currently in a tug-of-war phase 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 level of $3.00. Analysts point out that if it breaks through $2.70 with a single-day trading volume exceeding $5 billion, XRP is expected to initiate a new round of upward movement.

Regulation and Ecological Progress: The Cornerstone of Long-Term Value

Recently, the positive news for XRP mainly focuses on regulatory easing and ecological cooperation:

1. SEC lawsuit breakthrough: In March 2025, a U.S. court ruled that XRP does not constitute a security in specific scenarios, clearing obstacles for compliant trading platforms to resume XRP derivative trading, significantly improving market liquidity.
2. Global Settlement Network Testing: The CBDC settlement network jointly developed by Ripple and the central banks of Southeast Asian countries has entered the testing phase, further solidifying XRP's position as the core asset for cross-border payments.
3. Institutional product expansion: The Chicago Mercantile Exchange (CME) announced that it will launch XRP futures contracts on May 19, and 11 institutions including Franklin Templeton have applied for a spot XRP ETF, driving expectations for institutional capital inflow.

Technical Analysis and Market Sentiment: Significant Divergence

There is significant divergence in the market regarding the short-term trend of XRP:

• Optimistic View: Technical analyst Egrag Crypto pointed out that XRP has formed a long-term bullish pennant, and after breaking out, it may start a second parabolic rise with a target price pointing above $3.40. Morgan Stanley predicts that the reasonable valuation range for XRP in 2025 - 2026 will be $3.00 - $3.50, and if regulatory policies become clearer, the valuation midpoint may rise by 15%.
• Cautionary Alert: Some analysts warn that the XRP daily chart is forming a descending triangle pattern. If it breaks below the support level of $2.06, it could trigger a 45% decline to $1.20. At the same time, the number of active addresses on the blockchain has plummeted from 608,000 in March to 30,000 in May, reflecting the potential risk of declining retail participation.

Multiple institutions have provided differentiated forecasts for the medium to long-term price of XRP:

• Cryptomus expects XRP to hit $4.56 in December, driven by the listing of CME futures and ETF approvals.
• CoinCodex believes that the price will show a moderate downward trend throughout the year, possibly falling back to $1.85 by the end of the year due to the large supply constraining the increase.

Conclusion: Key Window Period for XRP

In May 2025, XRP is at the intersection of technological breakthroughs and ecosystem implementation. The clarification of regulatory frameworks, 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 remain significant constraints. Investors should closely monitor the breakthrough of the $2.70 resistance level and dynamically assess on-chain data and policy trends to seize structural opportunities in this market cycle.

Author: Blog Team *This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. *Please note that Gate may restrict or prohibit all or part of the services from restricted regions. Please read the user agreement for more information, link: