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Home»Bitcoin»Why is Crypto up today? XRP price to reach $ 5 earlier than expected?
Bitcoin

Why is Crypto up today? XRP price to reach $ 5 earlier than expected?

May 9, 2025No Comments3 Mins Read
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The XRP price crossed the resistance, up 27% over the month and now brushing $ 2.40.

The momentum is built quickly, fed by legal winds, exchange flows and a wave of retail enthusiasm. Here is where the XRP price then heads.

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Price
Market capitalization
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Advantages of low dollars XRP Price

Ripple finally closed the book on his war with the dry, being satisfied with $ 50 million instead of the $ 2 billion hammer that the agency wanted.

This agreement torn off the brakes. }























Price









Volume in 24 hours



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Price 7D


sending the token that increases at $ 2.40. For the moment, it seems that Ripple no longer fights in the shadows and returns to the construction.

🚨The dry vs. @Ripple The trial is finished🚨$ XRP The price pumps now! 🚀📈#Xrp Holders now 💥 pic.twitter.com/5ply5yswcj

– John Squire (@thecryptosquire) May 8, 2025

In addition, as the dollar slides, XRP increases, as are other risk assets.

An 8% drop in the USD force tilted the rules of the game to assets that make more than remain inactive. XRP draws capital fleeing the Fiat and the prosecution function.

XRP: technical analysis points to the rise

In recent weeks, Ripple has also acquired Hidden Road, a brokerage house that erases $ 10 billion in daily businesses.

The analysis of graphs also strengthens upward perspectives. XRP recently broke out above a descending channel and recovered the critical support at $ 2.28. Indicators such as the relative resistance index (RSI) at 62.03 and a momentum to strengthen the Divergence of Mobile Average Convergence (MACD).

If Momentum continues, XRP sends resistance to $ 2.72, with a possible escape around $ 3.40, a new annual summit.

But optimism is at risk. The regulatory risk, the economic turbulence and the complexity of the integration of the last Ripple acquisition could block the rally. However, the use of use is real and the milestones accumulate.

Explore: the XRP price jumps 11% after the progression of dry crypto unit tease xrp etf

Join the 99Bitcoins News Discord here for the latest market updates

Key dishes to remember

  • XRP torn the resistance, up 27% over the month and now brushing $ 2.40.

  • The momentum is built quickly, fed by legal winds, exchange flows and a wave of retail enthusiasm. Here is where the XRP price then heads.

  • For the moment, the debate on XRP’s place in the American financial future has only just begun.

The post why is Crypto up today? XRP price to reach $ 5 earlier than expected? appeared first on 99Bitcoins.





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