XRP’s Bullish Signals Hint at Recovery Despite Recent Pullback
Ripple’s XRP has experienced an 11% correction from its recent peak NEAR $2.70, now trading below $2.35 after facing resistance. Despite this pullback, technical indicators suggest a potential near-term recovery, with noted analyst Ali Martinez pointing to multiple buy signals on the hourly chart. The TD Sequential indicator, a tool designed to identify trend exhaustion, is flashing bullish signals, hinting at a possible rebound for XRP. As of May 20, 2025, XRP’s price stands at 2.33350000 USDT, presenting a potential buying opportunity for traders eyeing a recovery.
XRP Shows Buy Signals Amid Price Correction
Ripple’s XRP has retreated 11% from its recent peak near $2.70, now trading below $2.35 after facing rejection at a key resistance level. The pullback comes despite bullish technical indicators emerging on shorter timeframes.
Noted analyst Ali Martinez highlights multiple buy signals from the TD Sequential indicator on XRP’s hourly chart. This timing tool, designed to identify trend exhaustion, suggests potential for near-term recovery. The cryptocurrency’s failure to sustain momentum above $2.70 earlier this week appears to have created a buying opportunity according to this technical framework.
XRP Market Turbulence Reflects Investor Caution Amid Declining Metrics
XRP’s market stability wavered sharply over the past day as open interest and trading volume contracted significantly. Data from CoinGlass reveals a 6.67% drop in open interest—equivalent to 2.03 billion XRP futures contracts—while trading volume plunged 38.82% to $3.2 billion. The altcoin’s price fell 3.50% to $2.33, testing critical support at $2.30.
Such declines in derivatives activity typically signal eroding trader confidence or aggressive liquidations. Despite maintaining $4.78 billion in open interest, the abrupt metrics downturn suggests a broader shift toward risk aversion among XRP investors.
XRP’s Tight Wedge Persists Amid Diverging On-Chain Signals
XRP remains trapped in a descending wedge pattern despite recent rebound attempts, with the altcoin trading at $2.35—a 3.26% decline over 24 hours. The MVRV Z-score’s drop to 2.57 indicates cooling profit-taking sentiment, while $6.83 million in long liquidations underscores failed breakout attempts below the critical $2.50 resistance level.
On-chain metrics paint a conflicted picture: valuation indicators show reduced unrealized profits, while trading activity and price action diverge. The narrowing weekly chart formation suggests accumulating pressure, though directional conviction remains elusive as Ripple’s token struggles to maintain momentum.
Can Ripple (XRP) Hit $10 in 2025? ChatGPT Weighs In
The cryptocurrency market is no stranger to ambitious price predictions, and Ripple’s XRP is no exception. The XRP Army, a fervent community of supporters, has floated targets as high as $100, drawing comparisons to Manhattan real estate opportunities. Yet, with XRP currently trading at $2.38, even a more modest surge to $10 would require a 320% rally—a feat ChatGPT deems possible only with "substantial developments."
Market sentiment remains divided. While some view double-digit XRP as plausible, others dismiss it as speculative hype. The asset’s performance will likely hinge on regulatory clarity, institutional adoption, and broader crypto market trends.
Ripple-SEC Settlement Faces New Legal Hurdles After Indicative Ruling Denied
Judge Analisa Torres’s rejection of a Rule 62.1 motion has cast doubt on the enforceability of the Ripple-SEC settlement. The decision introduces procedural uncertainties, particularly around whether the SEC must reconvene for a new vote if it pursues a Rule 60 motion outside approved channels.
Legal experts, including attorney Bill Morgan, warn that failure to adhere to Clause 1 could RENDER the agreement void due to a lack of fallback provisions. The ruling underscores the fragile nature of regulatory compromises in crypto’s evolving legal landscape.
Analysts Project XRP Price Trajectory from 2025 to 2035 Amid ETF Speculation
Ripple’s XRP, currently trading at $2.41, is poised for significant growth according to a panel of 25 analysts. The cryptocurrency, known for its global partnerships and potential ETF inclusion, could reach between $4 and $9 by 2025. Ronen Cajucaro of 8081 Inc. forecasts a $6 price point for XRP in 2025, citing its utility in cross-border payments.
The ETF narrative looms large over XRP’s future, with institutional inflows potentially accelerating price discovery. Market watchers note the token’s 4% daily decline contrasts with its long-term bullish fundamentals, including Ripple’s ongoing legal clarity and banking sector adoption.
