XRP Faces Pressure as Selling Drags It Below $2.30

XRP is under renewed pressure as broader market turbulence and global trade tensions contribute to an extended decline, causing the cryptocurrency to fall below the key $2.30 level.

On May 25, XRP’s price took a notable hit, mirroring a broader pullback across the digital asset market despite Bitcoin’s recent highs. The downturn came in the wake of the U.S. announcing potential 50% tariffs on imports from the European Union — a move that has triggered unease across financial markets and spurred a wave of selling pressure.

The decline has pushed XRP into a key technical range between $2.25 and $2.26. Many analysts caution that losing this support zone may lead to further downside movement, potentially dragging prices into a lower range between $1.55 and $1.90. This level has historically acted as a strong support area, and a breakdown could signal prolonged weakness.

Despite the bearish sentiment in the short term, Wall Street’s interest in XRP appears undiminished. In a notable development, Volatility Shares recently introduced an XRP futures ETF, alongside increasing inflows into leveraged XRP ETF products. This indicates that institutional investors may be viewing the current dip as a buy-the-dip opportunity, capitalizing on XRP’s reduced valuations.

Technical Breakdown: Key Chart Developments

Over a 24-hour span, XRP experienced a 3.46% drop, slipping from $2.361 to $2.303 within a trading range of $0.084 — roughly a 3.57% fluctuation. Notably, heightened trading volumes accompanied this downward price action, signaling strong market participation during key moves.

• The sharpest decline occurred around midnight (00:00), taking XRP down to $2.297 on a high volume spike of 37.1 million tokens. This action helped establish a fresh volume-driven support level.
• A secondary wave of selling unfolded at 08:00, hitting a low of $2.280 on even higher volume (39.9 million), which confirmed a potential double-bottom pattern forming on the chart — a setup often viewed as a preliminary signal of reversal.
• A recovery effort began in the early afternoon. After bottoming at $2.297 at 13:11, XRP consolidated around $2.298 before beginning a sharp upward trajectory at 13:27. It peaked at $2.307 within the span of minutes (13:36 to 13:39), supported by intense volume between 480K and 627K.
• This upward surge identified the $2.307 price level as a short-term resistance, tested repeatedly during the afternoon session.
• Subsequent profit-taking in the final 15 minutes of trading nudged the price back to $2.300, marking a key psychological and technical support level moving forward.

Market Sentiment and Institutional Trends

The market mood remains fragile amid macroeconomic uncertainty, but there’s an underlying bullish undertone driven by institutional engagement. The launch of exchange-traded products linked to XRP is a meaningful sign that major market participants are gaining exposure, even as retail sentiment fluctuates with price movements.

Related: Expert Advice: Sell XRP If You’re Confused

While short-term volatility remains elevated, the structure of XRP’s chart and continued financial inflows could foreshadow a possible bounce once market pressures subside. However, traders and investors should closely monitor the $2.25 support, as breaching this point would pave the way for sharper losses, down to the $1.55–$1.90 range.

Further Reading

• XRP Price Watch: Consolidation or Collapse? Market Holds Breath Near $2.35, Bitcoin.com News, published May 24, 2025.
• XRP Price Prediction For May 25, CoinPedia, published May 25, 2025.
• XRP Risks Fall To $1.55 If This Support Level Fails – Analyst, NewsBTC, published May 25, 2025.