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XRP Price Prediction: Critical Support Levels and Potential Bullish Signals

XRP Price Prediction: Critical Support Levels and Potential Bullish Signals

Author:
XRP News
Published:
2025-05-31 17:39:47
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

XRP is currently at a pivotal moment as it tests crucial support levels, with market analysts closely monitoring for signs of a bullish reversal. The cryptocurrency recently fell below the $2.30-$2.34 support zone, potentially setting the stage for a further decline toward $2.10-$2.15. If these levels fail to hold, XRP could see a significant drop to $1.79, a critical threshold that may determine its near-term trajectory. Technical indicators suggest the possibility of an inverse head-and-shoulders pattern forming, which could signal a bullish turnaround if confirmed. As of June 2025, XRP’s price action remains mixed, leaving traders and investors watching for decisive moves above or below these key levels. The coming days will be crucial in determining whether XRP can regain its footing or face further downside pressure.

XRP Price Prediction: Key Levels to Watch as Cryptocurrency Shows Mixed Signals

XRP faces a critical juncture as it hovers NEAR key support levels, with market analysts watching for potential bullish signals. The cryptocurrency recently broke below the $2.30-$2.34 support zone, opening the door for a test of $2.10-$2.15. A failure to hold these levels could see prices tumble toward $1.79—a make-or-break threshold for the digital asset.

Technical patterns suggest a potential inverse head-and-shoulders formation, though confirmation requires a decisive breakout above $2.62. Such a move WOULD signal renewed bullish momentum in a market that continues to track Bitcoin’s price action closely.

Hidden Road Launches OTC Crypto Swap Service for US Institutional Investors

Hidden Road, now under Ripple’s ownership following a $1.25 billion acquisition, has rolled out an over-the-counter crypto swap service tailored for US institutional investors. The cash-settled swaps enable large-scale transactions in major cryptocurrencies without impacting exchange prices, addressing a critical liquidity gap in the US market.

Operating through an FCA-regulated UK entity, the service circumvents US regulatory constraints that have historically limited institutional access to OTC crypto products. Market participants anticipate this will unlock sophisticated trading strategies and deeper liquidity pools.

The launch marks Hidden Road’s first major product introduction since the April acquisition. Industry observers note the timing coincides with growing institutional demand for compliant crypto derivatives as traditional finance increasingly adopts digital assets.

XRP Faces Downward Pressure Amid Broader Crypto Market Sell-Off

XRP’s price slid to $2.16 as the cryptocurrency market capitalization dropped 3.1% to $3.35 trillion. The decline follows a U.S. court ruling overturning former President Trump’s trade tariffs, injecting uncertainty into financial markets.

Technical indicators suggest XRP could fall another 16% to $1.96 if it fails to hold the $2.31 support level backed by the 200-day SMA. Market data reveals bearish signals, with XRP funding rates flatlining near 0% since February and open interest declining 9.66% from its May peak of $3.52 billion.

The Court of International Trade’s tariff decision has created Ripple effects across risk assets. While the Trump administration has appealed the ruling, the immediate market reaction reflects growing investor caution in both traditional and digital asset markets.

China’s Webus Announces $300M XRP Strategic Reserve Amid Price Stagnation

XRP continues gaining institutional traction as Webus International, a Chinese AI firm, unveils plans for a $300 million strategic reserve. The initiative targets global payment efficiency through non-dilutive financing—leveraging bank loans, institutional credit, and internal reserves without equity dilution.

Despite the bullish development, xrp price remains flat at $2.19 (-4% 24h). Webus’ WETO stock surged 88% intraday, peaking near $4 before settling at $3.3. The reserve promises real-time cross-border settlements, cost reduction, and instant crypto payouts for travel refunds—though final agreements remain pending.

The company will develop a proprietary blockchain integrating on-chain bookings, crypto wallets, and Web3 loyalty programs. This mobility-focused infrastructure aims to bypass traditional banking delays and forex friction through distributed ledger technology.

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