Introduction and Basic Features of XRP

XRP is a cryptocurrency developed by Ripple Labs, aimed at providing fast and low-cost settlement solutions for cross-border payments. Unlike Bitcoin, which is generated through mining, the total supply of XRP is pre-issued and controlled by Ripple Labs, with transactions completed in seconds and fees only a few fractions of a cent. Due to its efficient transaction speed and low costs, XRP has gained attention in pilot projects for cross-border payments among banks and financial institutions.

Recent news: Webus plans to set up a $300 million XRP reserve

On May 30, 2025, Nasdaq-listed company Webus International (stock code WETO) announced plans to raise $300 million through “non-equity financing” channels to establish an XRP reserve. This financing method includes the company’s existing cash reserves, bank loans, shareholder guarantees, and corporate credit instruments from traditional banks.

Webus plans to use a portion of the funds raised to purchase XRP to establish an “XRP reserve fund,” while another portion will be used to build related blockchain payment infrastructure, including wallet systems, Web3 tokens, and on-chain booking records. Its CEO Nan Zheng stated: “Internationally, our XRP application can eliminate traditional payment friction, achieve instant settlements with drivers and service providers, and provide quick refunds when needed.”

The plan is currently still “non-binding” and will be implemented only after the final documents are signed and relevant conditions are met. This news follows another Nasdaq company, VivoPower (VVPR), completing a $121 million private placement earlier this month and planning to include XRP in its corporate reserves, further highlighting the increasing attention institutions are paying to XRP.

Latest price movement and technical analysis

Figure:https://www.gate.com/trade/XRP_USDT

As of June 4, 2025, the current price of XRP is approximately $2.19. From a monthly performance perspective, XRP surged to around $2.70 in early May, but then retraced to the $2.10~$2.20 range for consolidation. Entering June, the XRP price mainly fluctuated around the $2.18~$2.22 range, showing a narrow oscillation pattern overall.

From a technical perspective:

• Support level: The short-term support level is around $ 2.18, followed by $ 2.13 and $ 2.08 (intraday lowest support);
• Resistance level: The upper resistance area is between $ 2.22 and $ 2.26. If it breaks through effectively, it is expected to test the $ 2.28 or even the $ 2.56 area. If it breaks above $ 2.56, it is expected to further challenge $ 2.85.
• Trading volume: Since late May, XRP’s trading volume has shown a shrinking trend, indicating a strong market wait-and-see sentiment.
• Moving Averages and Momentum Indicators: Short-term moving averages (10-day, 20-day) are showing parallel fluctuations, and the MACD is crossing near the zero axis, indicating that neither the bulls nor the bears have formed a clear advantage at present. If the price can subsequently rise above the 20-day moving average, it may attract more short-term funds to participate.

Combined with Webus’s $300 million reserve plan, if subsequent funding is actually in place and purchases are made gradually, it may provide support for the current price; however, if financing cannot be implemented as scheduled, it may lead to increased investor hesitation, putting pressure on the price.

Potential risks and opportunities that investors need to pay attention to

1. Can the financing plan be implemented?
   The current financing plan of Webus still requires the signing of the final agreement and meeting conditions such as bank and shareholder guarantees. If the financing process is hindered or delayed, it will directly affect the execution speed of its reserves, and may even lead to a failure to meet market expectations.
2. XRP legal and regulatory developments
   Although XRP achieved a phased victory in the SEC lawsuit by the end of 2024, the approval for the “spot XRP ETF” is still ongoing, and multiple institutions are awaiting the SEC’s final decision after submitting their applications. If the ETF approval is successful, it could bring in billions of dollars in incremental funds; if denied, it would dampen institutional participation willingness.
3. Overall cryptocurrency market sentiment and macro environment
   Currently, global inflation and interest rate hike expectations remain uncertain, and there is still pressure for a correction in crypto assets. If significant negative factors emerge in the macro environment, the overall crypto assets may enter a phase of adjustment, and XRP will also find it difficult to stand alone. Conversely, if a new bull market arrives, it will drive XRP’s price to regain upward momentum.
4. Technical turning points and market liquidity
   If XRP successfully breaks through the key resistance level of $2.70 with increased trading volume, it is likely to attract more short-term and medium to long-term funds; however, if the momentum indicators continue to shrink, caution must be taken as the price may again pull back.

Summary and Tips for Beginners

For novice investors who are new to XRP:

• Pay attention to major institutional dynamics: the movements of institutions like Webus and VivoPower are key signals for observing the direction of capital flow.
• Closely monitor regulatory developments: The SEC’s approval of the spot XRP ETF, as well as the attitudes of major global regulatory agencies towards crypto assets, will directly impact market sentiment and capital inflows.
• Reasonable control of position and stop-loss: Given the high volatility of the cryptocurrency market, it is recommended that beginners build positions in batches, establish a stop-loss plan, and avoid excessive risk from unilateral heavy positions.
• Learn basic technical analysis: mastering simple indicators such as support and resistance, moving averages, and trading volume can help in determining buying and selling opportunities.

Overall, XRP has certain application scenarios in the global payment field. If the institutional reserve plan is implemented, it will support the price; however, under the uncertainty of regulatory and macroeconomic environments, it is especially important to be cautious and manage risks.