Current price and market overview: XRP Price USD is reported at 2.29 USD.

Image:https://www.gate.com/trade/XRP_USDT
As of May 27, 2025, XRP Price USD closed at $2.29, marking a slight pullback for the third consecutive day. Over the past 30 days, the XRP price has risen from $1.50 to $2.40, an increase of over 60%. Although it has recently declined, the cumulative increase for the year still reaches 120%. Overall market attention and trading volume for XRP have significantly risen.
Supporting Factor One: Ripple reaches a $50 million settlement with the SEC
At the end of April, Ripple announced that it had reached a preliminary settlement agreement with the U.S. Securities and Exchange Commission (SEC) for a total amount of approximately $50 million, primarily intended for potential securities litigation compensation related to XRP. Once the news was released, the price of XRP surged 15% in the short term, indicating the market’s recognition of the importance of the compliance process. If the final agreement is successfully implemented, it will provide long-term compliance assurance for XRP.
Supporting Factor 2: The launch of the XRP ETF is imminent, and market expectations are high.
- ProShares ETF Application: ProShares submitted an XRP ETF filing to the SEC in mid-May, and if approved on schedule in July, it will allow traditional institutional funds to purchase XRP in the form of an ETF.
- Expected increase in funds: The industry expects that the first batch of ETF fund inflows could exceed 1 billion USD, at which point market liquidity and enthusiasm will reach a new peak.
- Investor confidence: The launch of the ETF can not only attract institutions but also enhance retail investor confidence, helping prices break through the long-term consolidation range.
Supporting Factor Three: Technical analysis predicts a rise to 27 USD within 60 days.
- Fibonacci Retracement and Extension: Based on the low point at the beginning of the year of 1.20 USD to the previous high of 2.40 USD, the third extension level upwards is approximately 8.00 USD; combined with the large-scale bull market extension model, the ultimate target points to 27.00 USD.
- Elliott Wave Theory: The current market may be in the final stage of the fifth wave. If the final wave completes, a new major bull market is expected to start.
- Volume support: Each pullback has a trading volume higher than the previous round, indicating strong buying power.
Potential risk: It may pull back to 2.00 USD in the short term.
- Technical pressure: The middle band of the daily Bollinger Bands is $2.20. If it falls below the middle band, the lower edge of $2.00 is a key support.
- Macroeconomic bearish: Global cryptocurrency regulation tightening or a shift towards a tightening monetary policy by the Federal Reserve may dampen market risk appetite.
- Market sentiment fluctuation: If large holders concentrate on taking profits, short-term selling pressure may intensify.
Focus on key support levels and gradually build positions for medium to long-term opportunities.
- Support level layout: The first batch of positions can be established in the 2.15 – 2.20 USD range, with attention to the 2.00 USD support for additional purchases.
- Target price and stop loss: The medium-term target can be set in the range of 8 — 10 USD, aggressive traders may track the 27 USD extreme pattern; the stop loss is recommended to be set at 1.95 USD.
- Dynamic Tracking: Keep a close eye on the final agreement between Ripple and the SEC as well as ETF approval news, and adjust positions promptly based on technical changes.
Note: This article does not constitute any investment advice. Please DYOR and be aware of the risks.