XRP’s Potential Path to $1.90 Before Bullish Resurgence

XRP is currently at a critical juncture, with its price action suggesting a possible dip to $1.90 before a bullish breakout. The cryptocurrency is facing resistance at $2.25, a level that has historically played a significant role in its price movements. Analysts are closely watching the Relative Strength Index (RSI) for signs of exhaustion, which could indicate an impending rebound. This article delves into the technical setup for XRP in May 2025, exploring the potential for a short-term correction followed by a resumption of bullish momentum.

XRP’s May Chart Setup Hints at $1.90 Wick Before Bullish Breakout

XRP faces a decisive retest at $2.25, signaling a short-term bearish correction. A decline toward $1.90 could serve as the final flush before bullish momentum resumes.

RSI on both daily and 4-hour charts hints at exhaustion, suggesting a rebound may follow. May 1 begins with XRP clashing against the significant $2.25 price wall, a level that once supported the asset’s rally but has since turned into a resistance barrier.

Market analyst CasiTrades notes XRP’s inability to sustain above this point reflects a continued corrective pattern. Technical analysis indicates this ongoing wave has the potential to take XRP to $2.00.

Ripple Moves 500M XRP in Routine Escrow Unlock Amid Market Speculation

Ripple executed a transfer of 500 million XRP, valued at approximately $1.1 billion, drawing attention as the cryptocurrency tests resistance at $2.30. Blockchain tracker Whale Alert flagged the movement on May 2, initially fueling concerns of a large-scale sell-off. On-chain analysis reveals the transaction as part of Ripple’s scheduled monthly escrow release mechanism rather than a market dump.

The company’s protocol allows for up to 1 billion XRP to enter circulation monthly, with unused tokens typically returned to escrow to manage supply dynamics. This systematic approach aims to mitigate volatility while maintaining liquidity for institutional partners. Market observers continue monitoring XRP’s price action as it approaches key technical levels.

Three ETFs on XRP Approved In USA, Nexchain Emerges As The Best Crypto To Invest

The U.S. Securities and Exchange Commission has greenlit three XRP-based ETFs, expanding investment avenues for the cryptocurrency. This move bolsters XRP’s market presence, yet attention is shifting toward Nexchain—an AI-driven blockchain project gaining traction as a top presale contender for 2025.

Nexchain’s decentralized governance and eco-friendly architecture have attracted retail and institutional investors alike. Its stage 8 token sale, priced at $0.031, underscores growing confidence in its long-term viability. The project’s imminent exchange listings signal a critical maturation phase.

Ripple Gains First-Mover Advantage with Dubai’s Blockchain Payment License

Ripple has secured a landmark regulatory approval from the Dubai Financial Services Authority, positioning itself as the first licensed blockchain payments provider in the emirate. The DFSA license unlocks access to the UAE’s $400 billion trade hub through Ripple Payments, reinforcing Dubai’s emergence as a global crypto nexus.

Enterprise adoption in the Middle East continues to outpace other regions, with digital asset custody solutions seeing record uptake. Ripple’s newly approved RLUSD stablecoin is poised to streamline regulated transactions while laying groundwork for future DeFi integrations across the region.