- XRP tests $2.30 (100-day EMA) as on-chain activity drops 90%, exposing $2.20 support and $2.05 downside risk.
- XRP’s mid-50s RSI and falling volume signal weakening momentum; Bitcoin dominance saps altcoin liquidity.
The XRP Ledger (XRPL) has recorded a 90% drop in transaction volume from recent highs, raising questions about network utility even as XRP’s price holds between $2.30 and $2.40. This disconnect highlights a growing reliance on speculative trading over real-world usage, testing investor confidence in the payments-focused blockchain.
XRP’s price currently tests the $2.30 level, aligning with its 100-day exponential moving average (EMA). A breach below this zone could expose the next support near $2.20 (200-day EMA), with a breakdown risking a slide toward $2.05.
Technical indicators show slowing momentum: the Relative Strength Index (RSI) sits at 54, down from May’s peak of 68, while declining trading volume signals weakening buyer interest.
The asset briefly broke out of a descending wedge pattern in early May but has since entered consolidation. This stalemate reflects uncertainty, as traders await clearer signals of network demand or regulatory clarity.
XRPL’s payment volume has virtually evaporated, with analysts pointing to multiple factors:
- Reduced speculative trading, which previously drove short-term transactions.
- Regulatory uncertainty delaying institutional adoption.
- Capital rotation into Bitcoin, which continues to dominate market attention.
The ledger’s decline in retail and enterprise usage undercuts XRP’s core value proposition as a cross-border settlement tool. While Ripple’s partnerships with financial institutions remain intact, on-chain data suggests these collaborations have yet to translate into sustained network activity.
XRP (Ripple) – Real Price & Market Analysis – May 24, 2025
XRP is currently trading at $2.301, showing a -1.29% intraday decline, and is in a technical consolidation zone after failing to break key resistance levels this week. Over the past month, XRP remains +4.36%, with +10.75% year-to-date, and a significant +329.64% gain over the past 12 months, underlining its strong recovery in 2025 despite recent short-term weakness.
Technically, XRP is testing a support band between $2.25 and $2.26. If this support fails, analysts forecast a deeper correction toward $1.90 or even $1.55.
Conversely, maintaining this level could enable a push toward the $2.70 resistance, with potential upside continuation to $3.00+ depending on volume confirmation and ETF-related inflows. Oscillators remain neutral, while long-term sentiment holds bullish.
Fundamentally, XRP has been in the spotlight due to:
- Recognition from the World Economic Forum for building infrastructure for tokenized financial markets.
- A $1 billion fund launched on the XRP Ledger, dedicated to real-world asset tokenization.
- Increased adoption among Singaporean investors, with 17% of crypto holders reportedly owning XRP, driven by growing awareness and financial literacy.
XRP’s recent on-chain activity also includes a surge in Coinbase volume, reaching over $1 billion, signaling increased U.S.-based participation.
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