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XRP is currently trading at $2.37 after a slight 24-hour dip of 2.11%, but it’s still up 0.89% over the week, 13.2% this month, and an impressive 359% over the past year. Since the start of 2025, XRP has gained 14.2% and now holds a market cap of $139.06 billion, ranking as the fourth-largest cryptocurrency.  Reaching the $20 mark would require a 743.88% surge from its current level. According to analyst Stock Moe, this is a crucial support level. If the price fails to hold here, he warns it could slide to $0.226, then $0.213, and even $0.202 in a continued downtrend. Despite the current weakness, Moe says the bigger picture for XRP remains bullish.  XRP Price Predicition The $300 Price Target Explained Stock Moe believes XRP still has the potential to hit $300. He admits this sounds wild and calls it a moment of “opium,” but points to billion-dollar investors who continue to bet on XRP. He says these big players are not worried by short-term noise because they understand the long-term utility of XRP. Moe explains that the delay in XRP’s breakout is not a failure, just a test of patience. Moe notes XRP has broken below the Bollinger Bands for three straight days. This usually signals a test of the 13 or 50-day EMAs. If XRP drops below $0.213, it could move to $0.202 or $0.172. However, Moe dismisses extreme bearish calls for $0.160, saying the charts do not support such a move. He sees the current action as a response to uncertainty, not a collapse. Also Read :   Is BlackRock XRP ETF Coming Soon? Here’s the Truth Behind the $9 Trillion Rumors   , SEC Delay Adds Pressure The market reacted negatively to the delayed SEC response, causing panic selling. Moe says this fear is…

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Filed under: News - @ May 17, 2025 10:28 am