xrp-usd
Ripple Price Prediction: XRP Eyes $10 as Futures Hype Builds and Support Holds
With the aid of favorable technical setups, a positive overall market tone, and speculations regarding institutional engagement via...
Last updated: Wednesday, June 4, 2025
Quick overview
- XRP is experiencing renewed momentum due to a bullish technical setup and resilient investor sentiment, despite ongoing legal challenges with the SEC.
- A recent court ruling denied Ripple's request to reduce a civil penalty, but market reactions indicate growing investor confidence amidst regulatory uncertainty.
- XRP has rebounded from a significant support level, breaking above the 100-day Simple Moving Average, signaling a potential shift in long-term trend dynamics.
- The upcoming launch of CME's XRP futures contracts is expected to attract institutional interest, further bolstering XRP's market position.
Live XRP/USD Chart
XRP/USD
MARKETS TREND
With the aid of favorable technical setups, a positive overall market tone, and speculations regarding institutional engagement via CME’s futures platform, XRP is recovering strength after months of negative pressure.
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ABOUT THE AUTHOR
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
