Highlights:
- XRP intra-day price action weak as investors stay off high-risk assets
- Upcoming inflation data in the US driving price action
- Optimism around XRP-ETF could send XRP higher
XRP, like most altcoins, is weak today. At the time of going to press, XRP was trading at $2.32, down by 0.62%. However, XRP trading volumes have shot up in the day. This could indicate that investors are exiting their XRP positions in anticipation of more clarity from the market. There are a couple of reasons for XRP’s price action.
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Bitcoin Price Action Holding Back XRP Intraday
One of them is that Bitcoin is showing weak intraday price action. This is also shown in the price of altcoins, and XRP has not been spared. Bitcoin’s price action is driven by two factors. The first is profit-taking after Bitcoin’s impressive price action recently. The second is uncertainty about whether the top is in, and the market could be headed for a correction.
$BTC
On top of double top for now, not out of the woods yet. pic.twitter.com/NCUJHMnNiS— StockHunter (@FishyKnife) May 27, 2025
Such fear could be driven by the fact that in the last bull run, Bitcoin had a correction, then a rally back to all-time highs before a massive price correction that saw it fall from $69k to prices under $20k. This uncertainty may linger for another month, depending on how Bitcoin closes the month. By extension, it means XRP could continue to experience sideways price action in the foreseeable future.
Upcoming Inflation Data Likely to Keep XRP Sluggish In the Week
Short-term uncertainty for XRP is also likely to continue through the week due to the upcoming US inflation print on Friday. In market uncertainty, capital moves away from high-risk assets such as cryptocurrencies. The inflation data is also coming as President Donald Trump continues his tariff war, this time threatening the EU with 50% tariffs. All this uncertainty could drain capital away from XRP until the end of May and probably the better part of June.
GS: We forecast that core PCE prices rose 0.10% in April and 2.49% over the last year. pic.twitter.com/YndzPaFwhA
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) May 27, 2025
XRP Adoption Is Growing – Long-Term Bullish for XRP
However, these are only short-term price moves that do not affect XRP’s long-term direction. XRP fundamentals are increasingly improving, so the future looks bright for XRP. For context, one key factor that has held XRP back for years was the case with the SEC. This is in the past, as the new SEC head has taken a more pro-crypto stance. XRP adoption is also gaining traction.
Recently, Dubai announced it would be tokenizing estate on the XRP ledger. They chose XRPL for its competitiveness in scaling. More countries could follow Dubai’s move in the long term, which could mean exponential XRP adoption. This would mean growth in real demand for XRP. This comes when XRP is also quite strong in cross-border payments. All this means is that the XRP price direction is up and that any fluctuations in the short term are temporary.
⚠️🚨DUBAI JUST DID WHAT THE REST OF THE WORLD ONLY TALKS ABOUT.
They’ve started tokenizing real estate on the XRP Ledger.
Yes, it’s real. The pilot is live. And it could change everything.
Let me show you what’s happening. 🧵👇🏻 pic.twitter.com/iIcB7ITGv8
— All Things XRP (@XRP_investing) May 18, 2025
XRP Options Are Coming Up In Anticipation of ETFs
Another bullish factor for XRP is that after the end of the SEC case, investors are betting more on XRP ETFs. This is already evident in the fact that institutions are launching XRP options ahead of the ETFs. For instance, Crypto.com has launched XRP strike options. This follows an increase in expectations of an XRP ETF soaring by 83%.
XRP Army, it’s time to show your strength ⚔️$XRP contracts are now available for Strike Options 📈📉
Predict XRP's price in 20 minutes to potentially profit, and you can trade with just US$10!
Get started in the https://t.co/vCNztATkNg App 👇https://t.co/a9haygqOmV @ripple pic.twitter.com/7LYlS4q3bE
— Crypto.com (@cryptocom) May 26, 2025
Technical Analysis – XRP Stuck In a Range
From the charts, XRP continues trading in a broad consolidation between the $3.02 resistance and $1.91 support. If bulls take control, the key level to watch would be the $3.02 resistance.
A rally through it could see XRP hit prices above $5 in the short term. However, XRP could target the $1.91 support if the ongoing weakness continues. With the end of the SEC case and Bitcoin’s overall bullishness, a rally through the $3.02 resistance is more likely.
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