XRP Breaks Through $2.38 Resistance—Traders Eye Next Price Targets as Momentum Builds
XRP bulls are back in the driver’s seat as the asset claws past $2.38, flipping a key resistance level into support. Traders now watch for a potential push toward $2.75—or, if Wall Street’s usual ‘buy high, sell low’ logic kicks in, a swift reversal.
Technical indicators show bullish divergence, but skeptics note the crypto market’s uncanny ability to defy logic—just ask anyone who’s ever tried to short a meme coin.
.2. Parties filed a motion to hold the appeal and cross appeal in abeyance

3. Parties file rule 62.1 motion asking for an indicative… — bill morgan (@Belisarius2020) May 16, 2025
Ripple’s Chief Legal Officer, Stuart Alderoty, told investors that the setback doesn’t impact XRP’s legal standing.
A revised motion will be filed soon and then the parties can seek a limited remand to dissolve the injunction and finalize a $50 million penalty.
- Settlement Agreement Signed
- Motion for Indicative Ruling Denied (Procedural)
- Parties Preparing Revised Filing
XRP Chart Eyes $2.38 Recovery Amid Channel Pressure
On the technical front, XRP price prediction remains slightly bearish. On the charts, XRP/USD is stuck in a descending channel on the 1-hour chart, with price consolidating at $2.35. The channel has clear lower highs and lower lows, meaning bearish control.
The 50-period EMA at $2.40 is capping upside, while MACD lines are below zero—no bullish momentum. Price just rejected the midline of the channel, so sellers are in control.

Whereas, on the lower side, $2.31 is acting as a key support. If broken with volume, XRP could go to $2.26 or $2.20. But if bulls defend this level and print a bullish engulfing candle above the EMA, we could see a recovery to $2.44 and $2.49.
- Resistance: $2.40, $2.44, $2.49
- Support: $2.31, $2.26, $2.20
- MACD: Bearish, flat
- Pattern: Descending channel with weakening bounces
BTC Bull Token Nears $6.84M Cap as 71% Staking Yield Drives Demand
As Bitcoin stabilizes above $102K, investor focus is shifting toward yield-generating altcoins—none more so than BTC Bull Token ($BTCBULL). The token has now raised $5.87 million out of its $6.84 million presale goal, with a price increase looming as it enters its final funding stretch.
What sets BTCBULL apart is its flexible staking model, offering an estimated 71% annual yield with no lockups or withdrawal penalties.
This approach gives investors the freedom to earn passive income while maintaining full liquidity—an attractive alternative to traditional DeFi staking protocols.
- USDT Raised: $5,878,513.14 / $6,844,387
- Token Price: $0.002515
- Staking Pool: 1.47B BTCBULL
- Yield: 71% APY
BTCBULL merges the viral appeal of meme tokens with the real-world utility of DeFi, making it a standout pick for those looking to capitalize on the 2025 crypto cycle.
With under $1 million left before the next price tier, entry at current levels is limited—fueling urgency among retail investors seeking early access to passive yield.
Log in to Reply
Log in to comment your thoughtsComments
Related Articles
|Square
Get the BTCC app to start your crypto journey
Get started today Scan to join our 100M+ users