BTCC / BTCC Square / XRP News /
XRP Price Prediction: Will $2.00 Support Spark a Rally or Collapse?

XRP Price Prediction: Will $2.00 Support Spark a Rally or Collapse?

Author:
XRP News
Published:
2025-05-29 11:57:00
18
3
[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

XRP Technical Analysis: Key Levels to Watch Amid Market Volatility

XRP is currently trading at $2.2906, slightly below its 20-day moving average (MA) of $2.3893, indicating potential resistance ahead. The MACD histogram shows a bullish crossover with a reading of 0.0817, suggesting upward momentum. However, the price remains within the Bollinger Bands (Upper: $2.5620, Lower: $2.2165), signaling consolidation. BTCC financial analyst William notes that a close above $2.25 could confirm a bullish reversal, while a break below $2.00 may trigger further downside.

XRPUSDT

XRP Market Sentiment: Mixed Signals as Key Support Holds

Market sentiment around XRP is divided as the cryptocurrency tests critical support at $2.00. News headlines highlight both bullish and bearish scenarios, from predictions of financial freedom by 2029 to concerns over surging exchange inflows. BTCC financial analyst William emphasizes that the ongoing Ripple vs. SEC lawsuit remains a key driver, with potential settlement talks adding uncertainty. The $2.00 pivot point is seen as a make-or-break level for short-term price action.

XRP Price Analysis: Critical $2.00 Support Holds the Key

XRP has faced bearish pressure, declining for three consecutive days and currently hovering around a crucial short-term support level at $2.00. If bulls successfully defend this mark, it could set the stage for a retest of recent highs at $2.24. A decisive break above this resistance could target $2.40. Conversely, failure to maintain support could lead to increased selling pressure, with immediate downside targets at $1.96, $1.90, and potentially $1.86. Fundamentally, XRP sentiment remains cautiously optimistic due to the recent easing of regulatory concerns following the SEC dropping its appeal against XRP’s classification as a non-security, providing market stability.

XRP Slides Testing $2 Support Amid Surging Exchange Inflows

Volatility strikes the crypto market, causing XRP to test the $2.00 support level. Exchange inflows soar above 55 million XRP, suggesting investors are preparing to sell the token. An increase in long position liquidations to $5.10 million in the past 24 hours suggests traders are reducing their exposure to XRP. Ripple (XRP) corrected along with other major digital assets, including Bitcoin (BTC) and Ethereum (ETH), and traded at $2.08 at the time of writing.

Crypto Expert Predicts 1,000 XRP Could Secure Financial Freedom by 2029

A crypto expert has made a bold prediction that owning 1,000 Ripple (XRP) could secure financial freedom by 2029. At the current price of $2.07, that’s worth $2,070, but it would need to hit $1,000 per token to reach $1 million. The claim is highly speculative and has not moved the market. Additionally, crypto whales have sold nearly 370 million XRP tokens since the beginning of the month, while on-chain metrics reveal that 66.61% of top traders on Binance are holding long positions.

Official Update in the Ripple Vs. SEC Lawsuit: Is Settlement Next?

Although Ripple’s CEO has already declared a victory in the legal battle between his company and the US SEC, the actual closure is not yet official. However, it seems even closer now as a recent joint motion by both parties was granted. Defense lawyer James K. Filan published the order from the United States Court of Appeals for the Second Circuit, which acknowledged and granted the joint motion filed by both Ripple and the SEC last week. The due requested a pause on their individual appeals. While this moves the case one inch closer to an official conclusion, the US securities watchdog is yet to make a statement. Moreover, Filan informed that the agency has been directed to file a status report on its legal case activities within 60 days.

Could 1,000 XRP Buy You Happiness? Analyst and Influencers Weigh In

Cryptocurrency enthusiasts are making bold predictions about XRP, suggesting that holding 1,000 tokens could lead to a joyful and free life by 2029. Based on today’s price of $2.17 per token, 1,000 XRP would be worth $2,170. However, for this investment to reach $1 million, each XRP would need to reach $1,000, necessitating a price increase of over 45,900% from current levels. XRP supporter Duefe recently asserted that holding this amount could lead to a comfortable life in the future.

Ripple and SEC Settlement Update: Court Pauses Cross-Appeal

The SEC and Ripple’s joint motion to pause legal proceedings on their cross-appeal has been approved. Both parties will have 60 more days to reach a final agreement. The Ripple vs SEC case, one of the largest enforcement actions of the Gensler era, has been moving towards resolution for over a month, but procedural hurdles remain. Notably, the Commission cannot sign any agreement before Paul Atkins officially takes his seat as Chair.

XRP Price Potential Turning Point: Analyst Eyes $2.25 Close

XRP is trading above $2, with bullish momentum gradually returning. Crypto analyst EGRAG CRYPTO believes this week could mark a turning point for XRP, with the price’s close above $2.25 being crucial. The analyst noted that the current weekly candle is hovering just above $2.10 and the 21-week EMA, and a close above $2.25 could confirm a full flip into bullish momentum. The $2.25 level has become a significant short-term resistance for XRP.

MAGACOIN FINANCE BATTLES XRP FOR Q2 SPOTLIGHT – COULD IT WIN THE UTILITY RACE?

As Q2 2025 heats up, a battle for investor attention is unfolding between XRP and MAGACOIN FINANCE. While XRP continues to ride waves of institutional adoption, regulatory progress, and payments innovation, MAGACOIN FINANCE is making headlines as a top altcoin to watch. XRP’s long-term value proposition is well known, but its path to exponential growth remains tethered to macro regulation and slower-moving integrations. In contrast, MAGACOIN FINANCE is offering an early-stage opportunity with explosive growth potential. Current Price: $2.13

XRP Dips To $1.97 – A Golden Opportunity?

XRP’s recent surge appears to be entering a cooling phase, with the price dipping to the $1.97 level. This area is acting as a pivotal support, and the current pullback signals a potential pause rather than a full reversal. The $1.97 zone is critical, having previously acted as resistance. If buyers step in with strength and volume rises, this dip could be a strategic entry point for those anticipating the next breakout.

XRP Faces Bearish Shift as Indicators Signal Weakness

XRP gained only 2% in the past week, signaling weak momentum and fading interest from buyers in the short term. Technical indicators like the RSI, Ichimoku Cloud, and EMA lines are reflecting increased bearish pressure. XRP’s Relative Strength Index (RSI) has declined to 46.34, a noticeable drop from 57.30 just one day ago, suggesting a shift in momentum with buying pressure cooling off.

XRP’s $2.00 Pivot Point—A Launchpad or Breakdown Zone?

XRP price started a fresh decline below the $2.150 zone and is now consolidating above $2.00, facing hurdles near the $2.120 zone. The price also started a downside correction from the $2.250 resistance zone and is now trading below $2.10 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.130 on the hourly chart. The pair might extend losses if there is a close below the $2.00 support zone. The price even spiked below $2.050 but stayed above $2.00, with a low formed at $2.036.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users