XRP Faces Key Resistance at $2.50, Breaking Past the Barrier Remains Crucial to Avoid Retesting the $1.95 Support Level

As the week unfolds, breaking past the $2.50 barrier remains crucial to avoid a retest of the $1.95 support level.

As the new week commences, a crucial level for XRP to breach appears to be the $2.50 resistance.

Failure to decisively clear this barrier could trigger a wave of bearish sentiment, potentially dragging the price down toward the $1.95 support level.

Key Resistance Levels for XRP

Currently, XRP is attempting to hold above the 50-day Exponential Moving Average (EMA) as it trades at around $2.40.

However, it faces multiple resistances, including the $2.50 and the 50 EMA.

Technical indicators suggest a phase of consolidation, with immediate support at $2.37 (20-day EMA) and additional resistance at $2.70.

“The longer lower shadow on the daily chart suggests bulls are trying to prevent a close below $2.40,” a market analyst observed. “But without fresh buying pressure, we could see a breakdown from here.”

Regulatory Clarity and RLUSD’s Role

A major factor influencing XRP’s price is the broader regulatory landscape.

Former U.S. President Donald Trump recently proposed a stablecoin framework, which many believe could benefit Ripple’s RLUSD—a fiat-backed digital asset.

This asset is designed to expand XRP’s use cases and strengthen the Ripple ledger in the long run.

“If Trump’s bill provides clear operational guidelines, it could drive capital inflows into XRP, strengthening its position in cross-border payments,” one industry expert noted.

In the realm of cryptocurrency news today, Ripple cryptocurrency already has strategic partnerships in global payments, and enhanced regulatory clarity could further accelerate institutional adoption.

Conclusion of XRP Lawsuit

XRP’s latest price movement comes amid increased optimism following the conclusion of its long-drawn lawsuit against the U.S. Securities and Exchange Commission (SEC).

The SEC officially dropped all charges against Ripple, bringing to an end years of uncertainty that had bogged down XRP’s price action. The conclusion of the XRP lawsuit has been a top story for the Ripple market.

However, despite this positive development, XRP failed to sustain a significant rally. The price decreased after reaching a high of $2.60 as a result of profit-taking.

Analysts say that this is because the markets had already discounted the Ripple lawsuit settlement much earlier.

“The lawsuit was a dark cloud over XRP for years,” a trader remarked. “Now that it’s over, the next big price move will depend on real-world adoption, not just legal wins.”

What’s Next for XRP?

Although there is some bullish prediction, including a possible $38 run-up, in the near term, action hinges on whether XRP can maintain major levels of support. Ripple XRP news remains a market mover, and experts are closely watching Ripple currency price action.

Technical analysis suggests that XRP may be eyeing $2.70 next if it manages to close above $2.50, with more upside on the cards if buying momentum is boosted.

On the other hand, the inability to regain this level may send XRP falling back to $2.30, the worst-case scenario being a retest of $1.95.

For XRP to see long-term gains, analysts point to the necessity of more institutional investment, cross-border payment acceptance, and greater demand for RLUSD.

As market conditions continue to change, XRP is also at a crossroads, and price movement this week will likely determine its path for the next significant move. Furthermore, partnerships such as Ripple Bank of America can also instill confidence in Ripple crypto and long-term price gain.