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Cryptocurrency News Articles
XRP Price Prediction 2025 Shows Potential Surge
May 16, 2025 at 08:30 pm
input: XRP is currently trading at $2.42, down modestly by 1.96% in the last 24 hours. While this was a slight dip, overall volume jumped up to $5.46 billion
The price of XRP has pulled back slightly, declining 1.96 in the last 24 hours to reach $2.42. However, there was a huge surge in trading volume, which shot up by 32.77 to $5.46 billion.
On a weekly basis, XRP is trading up 2.36, showing consistent bullish sentiment in the market.
Where Is The Price Point Now?
The price action of XRP is still in an upward direction. Pulling back marginally, it has decreased by 4.52.
Its current price point is at $2.42, still comfortably staying above the critical support price of $1.90. This level is considered a solid accumulation region, supported by a recent “Buy” signal by the Top Bottom indicator and a favourable EMA crossover.
There is immediate resistance at $2.5265 and $2.5720, with a mid-term goal of between $2.90 and $3.10 in case of sustained bullish price pressure.
Judge Torres Denies SEC And Ripple Joint Motion
In a significant development, Judge Analisa Torres of the U.S. District Court for the Southern District of New York has denied a joint motion filed by the U.S. Securities and Exchange Commission (SEC) and Ripple Labs.
The motion, which was filed last week, sought an indicative ruling under Federal Rule of Civil Procedure 62.1 to dissolve an existing injunction and reduce Ripple’s civil penalty from $125 million to $50 million.
However, Judge Torres ruled that the request was procedurally improper, as jurisdiction over the case now lies with the appellate court.
This ruling is somewhat of a setback, but Ripple’s Chief Legal Officer, Stuart Alderoty, was quick to set the record straight, explaining that this ruling does not impact Ripple’s most significant legal wins.
Importantly, Judge Torres ruled that XRP is still, and remains, a non-security sold on public exchanges, a fundamental win for the company and its token.
The SEC and Ripple are still contesting the judge’s December ruling, which determined that XRP was not a security when sold to direct purchasers on platforms like Bittrex and Binance.
XRP Forecast Shows Potential Surge In 2025
XRP is projected by analysts at Long Forecast to have a solid year in 2025. The token reached as high as $3.39 for a brief spike in January, dipping since.
The token is anticipated to first cross $3.84, last year’s all-time high, paving the way for further increases. By the year-end, XRP could reach towards $5.29.
The token is currently trading at $2.42, having pulled back slightly. However, there was a huge surge in trading volume, which shot up by 32.77 to $5.46 billion.
On a weekly basis, XRP is trading up 2.36, showing consistent bullish sentiment in the market.
As the legal cases continue and the crypto market trends, the price action of XRP will undoubtedly be influenced. Technical bullishness, legal confidence, and long-term price potential are holding investor sentiment in place.
Even with procedural delays, Ripple’s clear strategy and open communications on the law imply a confident trajectory ahead.
Related Reading: Crypto Heist Of $263M Uncovered As Global Cybercrime Ring Charged
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