XRP Price Remains Steady Near a Key Support Zone as Ripple Explores Circle Acquisition

This week, XRP price remained steady near a key support zone between $2.01 and $1.90. In an important event, Ripple locked 700 million XRP tokens in escrow on

As market watchers follow the chart for technical signals of XRP’s next move, the cryptocurrency entered a period of price consolidation following recent volatility.

XRP price was trading around $2.14 at press time. It is just below the crucial $2.25 resistance zone.

Escrow Activity Continues As Ripple Adjusts Monthly Token Management

Typically, Ripple unlocks 1 billion XRP from escrow on a monthly basis. However, most of these tokens are usually returned to new escrow contracts.

On May 1, the company moved 700 million tokens back into escrow without the usual early-month release. It marked the third straight month where Ripple did not unlock the full 1 billion tokens on the first day.

The movement of funds was recorded by Whale Alert. It also tracked two other transactions, 200 million and 300 million XRP sent to unknown wallets.

These actions suggest Ripple continues to manage its liquidity and supply actively. According to Ripple’s previous quarterly reports, the company still holds about 38 billion XRP in escrow. It owns 4.5 billion more directly.

A portion of the unlocked tokens is used to support operations and provide liquidity for its payment services. The rest often returns to escrow, which helps maintain a controlled release schedule.

The pattern of delaying the full escrow unlock to the third day of the month has become more frequent in 2025.

XRP Price Holds At Technical Support As Market Watches For Breakout

According to crypto analyst CasiTrades, the $2.25 price level has served as a main barrier since XRP tested it recently. Technical analysts identified the formation of a corrective ABC pattern where the C wave could rise until $2.00 or potentially reach $1.90.

The identified price levels demonstrated correlation to Fibonacci retracement zones, which included the 0.618 level from the latest increase.

Multiple indicators located on shorter time scales indicated that XRP price has reached exhaustion. The Relative Strength Index (RSI) was above 50 in weekly periods alongside newly formed hidden bullish divergence patterns in daily charts.

XRP price created downward low points, but the RSI demonstrated upward trending low points. That signaled potential strength in the market dynamics.

The 4-hour and daily timeframes show analysts have marked their support areas with green boxes that span from $1.90 to $2.01.

These zones are often seen as accumulation areas. If the price holds above these levels, analysts expect a short-term rebound toward $2.36 and possibly $2.55.

Circle Acquisition Talks Reportedly Advance Amid Broader Strategic Moves

In other developments, reports indicate that discussions for Circle's acquisition are heating up.

Earlier reports had suggested a bid of $6 billion, but recent sources say that Brad Garlinghouse has now increased the offer to $20 billion.

This would be a significant escalation from prior reports of a $5 billion to $6 billion bid.

The proposed acquisition, if completed, could alter Ripple's role in the digital asset industry. Circle is recognized for its regulated stablecoin operations, and a merger would place Ripple in a stronger position in the payments sector.

Some suggest it could move Ripple closer to functioning as a full financial institution. There has been no official confirmation from either company yet.

However, Ripple’s Chief Technology Officer, David Schwartz, added some context through a public comment.

Responding to reports of the offer, he said, “$6 billion, but that’s our final offer.” It seems to indicate internal discussions are ongoing about the terms.