Date: 2025-05-07
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.XRP price must hold above $1.83–$2.00 support to continue upside, analysts say.XRP (XRP) price displayed strength on May 7, rising 2% over the last 24 hours after news of possible US-China trade talks flipped investor sentiment. XRP price remains above $2.00 at the time of writing, as several analysts highlight the key support levels the asset should hold for a sustainable recovery to new all-time highs.Whale accumulation supports bullish XRP viewCertain indicators show that XRP’s ongoing price rise may not be just a short-term reaction to the positive macr...
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