XRP Plunges Below $ 2.30 Amid Heavy Selling Pressure

The Recent Announcement of Potential Bitcoin Recently Reaching New All-Time Highs.

Technical Analysts Point to Critical Support at the $ 2.25- $ 2.26 Range, with Market Watchers Warning that A Break Below This Level Could Could Trigger Deeper Correts.

Meanwhile, institutional interest remains strong with Volatility Shares launching an XRP futures ETF and leveraged ETF inflows surging despite the price dip, suggesting Wall Street continues accumulating positions during Market Weakness.

Technical Analysis Highlights

• XRP Underwent A Notable 3.46% Correction Over the 24-Hur Period, with Price Deckling from $ 2.361 to $ 2.303, Creating An Overall Range of $ 0.084 (3.57%).
• The MOST SIGNFICANT PRICE ACTION OCCURRED Durying the Midnight Hour (00:00), WHEN XRP PlumMeted to $ 2.297 On Exceptionalally High Volume (37.1M), Establishing A Strong Volume.
• A Secondary Sell-Off At 08:00 Saw Price Touch The Period Low of $ 2.280 With The Highest Volume Spike (39.9M), Confirming A Double-Bottom Formation.
• In the Last Hour, XRP ExperienCed Significant Volatility with A Recovery Attempt Following the Earlier Correction.
• After reaching a Low of $ 2.297 at 13:11, Price ForMed A Base Around $ 2.298 Before Staging A Substantial Rally Beginning At 13:27, Peaking At $ 2.307 at 13: 36-13: 39 (627k-480k).
• This Bullish Momentum Created A Clear Resistance Zone at $ 2.307, WHICH WAS TESTED MULTIPLE TIMES.
• The Final 15 Minutes Saw Profit-Taking Pressure Emerge, With Price Retracing To $ 2.300, Establishing A Short-Term Support Level that Aligns with The Psychological $ 2.30 Threshard.

External References

• “XRP Price Watch: Consolidation or Collapsse? Market Holds Breath Near $ 2.35”, Bitcoin.com News, Published May 24, 2025.
• “XRP PRICE PREDICATION 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.