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Can XRP price reach $4 in May? Analysts are watching these key levels

cryptoweekly by cryptoweekly
May 7, 2025
in bitcoin, News
0

XRP price is up today as macroeconomic conditions improve, but traders say key support levels must hold to sustain a recovery to new all-time highs.

Key takeaways:

XRP price is up 2% on May 7, buoyed by US-China trade talk optimism, with key support at $2.08 critical for sustained recovery.

Whale accumulation signals XRP price strength.

Read more

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  • ‘Major bummer’ — Users discover Ledger is sunsetting the ‘OG’ Nano S
  • Coinme pays $300K fine for violating California crypto ATM laws
  • Bit Digital falls 4% as it ditches Bitcoin mining for Ethereum
  • Citibank accused of ignoring signs of $20M crypto romance scam
  • GameStop fails to woo traders with $450M raise, possibly for Bitcoin
  • ‘Fiat is fading’ — USD lowest in 3 years as Bitcoin reclaims $107K
  • SoFi digital bank brings back crypto services after 2-year hiatus

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