From Yahoo Finance: 2025-05-25 12:01:00

Global economic tensions weigh on cryptocurrency markets as XRP corrects due to heavy selling pressure. US considering 50% tariffs on EU imports triggers market uncertainty. XRP falls alongside major cryptos despite Bitcoin hitting all-time highs. Analysts eye critical support at $2.25-$2.26, warning of deeper corrections to $1.55-$1.90 if breached.

Institutional interest in XRP remains strong with Volatility Shares launching an XRP futures ETF. Leveraged ETF inflows surge despite price dip, indicating Wall Street accumulation during market weakness. XRP undergoes 3.46% correction over 24 hours, establishing strong volume-based support at $2.297. Double-bottom formation confirmed at period low of $2.280.

XRP experiences significant volatility with recovery attempts post-correction. Price forms base around $2.298 before rallying to $2.307, creating clear resistance zone. Profit-taking pressure emerges in final 15 minutes, retracing price to $2.300. Short-term support level established at psychological $2.30 threshold.



Read more at Yahoo Finance: XRP Plunges Below $2.30 Amid Heavy Selling Pressure