XRP Bulls Hold Strong: Key Support Levels Defended Amid Market Turbulence

XRP has shown remarkable resilience during recent market volatility, with bulls successfully defending crucial support levels. The cryptocurrency’s market cap experienced fluctuations between $137.5 billion and $133.39 billion before stabilizing at $135.86 billion, highlighting the persistent volatility in the crypto markets. The 50-day SMA at $2.26 emerged as a robust support level, indicating strong buyer interest at this price point. Currently trading at $2.3187 USDT, XRP’s ability to maintain above key technical levels suggests underlying strength despite broader market uncertainty. This performance demonstrates XRP’s relative stability compared to other digital assets during turbulent periods, potentially positioning it favorably for future gains as market conditions improve. The successful defense of support levels may attract additional investor interest, particularly from those seeking cryptocurrencies with demonstrated resilience during downturns.

XRP Shows Resilience Amid Market Volatility as Bulls Defend Key Support

XRP has demonstrated notable resilience in the face of broader market turbulence, with bulls successfully defending critical technical support levels. The digital asset’s market capitalization fluctuated between $137.5 billion and $133.39 billion before recovering to $135.86 billion, underscoring the ongoing volatility in cryptocurrency markets.

The 50-day SMA at $2.26 held firm as a key support level, suggesting underlying strength in XRP’s market structure. Trading activity showed a 3.56% range between $2.275 and $2.356 over 24 hours, with a significant volume spike to 71.18 million XRP at the $2.275 level during the early hours of May 27.

Following initial support, price consolidation gave way to renewed buying interest. Global economic tensions and trade disputes continue to cast shadows across cryptocurrency markets, yet XRP’s performance indicates selective investor confidence in assets with strong technical foundations.

BitMEX Expands XRP Utility with Margin Trading Addition Amid Ripple Ecosystem Growth

BitMEX has bolstered XRP’s presence in the derivatives market by enabling margin trading with the token, a move signaling growing institutional confidence in Ripple’s ecosystem. The platform simultaneously introduced RLUSD to its multi-asset collateral options, further diversifying its offerings.

Legal specialist Bill Morgan hailed the development as "doubly good news for the XRP ecosystem," though market reaction remained subdued initially. The upgrade enhances capital efficiency for traders, potentially accelerating broader adoption.

XRP’s new role as a margin asset marks an evolution beyond its traditional cross-border payments use case. This strategic integration comes amid heightened speculation about crypto reserves and high-profile endorsements, including from celebrity Conor McGregor.

Is $10,000 XRP Possible? Market Cap Math Suggests It’s Just the Beginning

XRP’s resurgence coincides with a flood of institutional liquidity and growing ETF momentum. Critical catalysts align in June 2025—an ETF decision, a Federal Reserve meeting, and the XRPL APEX event—potentially propelling the cryptocurrency beyond speculative trading into mainstream finance.

Market cap models project staggering price targets, with $25 per token appearing increasingly plausible. Finance Bull, a noted crypto analyst, highlights XRP’s historical rally from $0.005 to $3 on pure speculation. Today, the asset serves as foundational infrastructure, with global banks testing XRPL-based payment rails and stablecoin integrations.

The convergence of macroeconomic liquidity injections and real-world utility could redefine XRP’s trajectory. This isn’t another HYPE cycle—it’s institutional adoption meeting tokenized finance at scale.

Ripple Challenges SEC’s Stance on XRP in New Legal Letter

Ripple Labs has intensified its regulatory pushback with a new legal letter to the SEC’s crypto Task Force. The document challenges the SEC’s classification of XRP as a security, citing case law and legal scholarship. It proposes a framework to determine when digital assets should be treated separately from their initial investment contracts.

The MOVE follows Commissioner Hester Peirce’s recent speech questioning how long a digital asset remains tied to its original investment contract. Ripple’s Chief Legal Officer Stuart Alderoty emphasized the need for legal clarity, advocating for resolution through legislation rather than enforcement actions.

Ripple’s submission supports creating a SAFE harbor to protect innovation in the cryptocurrency space. The company’s position highlights the ongoing tension between regulatory oversight and technological advancement in digital assets.