CME Group's addition of XRP futures highlights institutional interest and solidifies its position in the crypto derivatives market.
The launch of CME Group's XRP futures on May 19, 2025, may attract new capital, but its impact on XRP price depends on broader market strength and positive developments in the XRP ecosystem.
XRP's current price action is cautious, with support levels at $2.00 and $1.85 and major resistance at $2.5 and $3.
Investors should closely monitor support levels and market trends, maintaining a neutral bias with a slight bearish tilt for now.