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๏ปฟAnjali Belgaumkar
๏ปฟAnjali Belgaumkar
Author
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto โEnthusiastโ but trust me I'm getting there.
- May 09, 2025 03:34 UTC
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XRP Price Prediction For May 9
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XRP $ 2.35 (6.32%) 
XRP trades above $2.30 as the SEC files a settlement letter, but analysts warn the macro trend remains bearish without a $2.45 breakout.
A bullish breakout above $2.45 could flip XRPโs long-term trend and spark a move toward all-time highs if Bitcoin momentum holds.
The cryptocurrency market is surging and Bitcoin is inching closer to $103,000 level at the time of writing. Ethereum has gained more than 19% and altcoins have followed suit. XRP price is trading above the $2.30 level and adding to the bullish sentiment, the SEC has filed the settlement agreement letter.ย
Bearish Trend Still in Place โ For Now
According to analyst Josh of Crypto World, on the larger 3-day chart, XRP is still technically showing signs of a bearish trend. This has been the case for months, and it is still seeing lower highs and lower lows โ which is typical of a downtrend. While there have been small short-term price increases along the way, the bigger trend hasnโt flipped bullish yet.
Market Conditions Could Change the Picture
However, that could soon change. XRP is closely linked to the overall crypto market, especially top coins like Bitcoin, Ethereum, and Solana. If those continue to rise, XRP might finally break out of this downtrend as well.
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Key Resistance Level at $2.45
To confirm a real trend reversal, XRP would need to break above a key resistance level around $2.45. If we see a strong daily candle close above that level, followed by a higher low on the chart, it could signal the start of a new uptrend.
All-Time Highs Possible If Breakout Happens
If XRP confirms this bullish breakout, thereโs a good chance it could start heading back toward its all-time highs. But until that happens, itโs important to expect resistance around $2.33 to $2.45.
XRP Still Following Bitcoin’s Lead
Like most altcoins, XRP tends to move in the same direction as Bitcoin. So if Bitcoin continues to pump, we can expect XRP to follow with short-term gains too โ just like it’s doing now.
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FAQs
XRP’s price is rising due to bullish crypto market trends, positive regulatory developments, and increased investor confidence.
Yes, XRP is included in the U.S. Crypto Strategic Reserve, as announced by President Trump in March 2025.
XRP often follows Bitcoin’s price trends; when Bitcoin rises, XRP typically experiences gains as well.
Yes 
No 
