XRP price remains at $2.14, Ripple has not released all of the entrusted Tokens for the third consecutive month.

According to a report by Tokocrypto News on May 5, Deep Tide TechFlow announced that Ripple re-locked 700 million XRP into its account on May 1, marking the company's third consecutive month of not fully releasing the 1 billion XRP typically released at the beginning of each month. Currently, Ripple holds approximately 38 billion XRP in its account and directly holds 4.5 billion XRP.

The current trading price of XRP is $2.14, slightly below the important resistance level of $2.25. Technical analysis shows that the support area between $2.01 and $1.90 coincides with the 0.618 Fibonacci retracement level of the previous uptrend. Additionally, Ripple has suspended the minting of the stablecoin RLUSD since April 25, with the total supply currently maintained at 317 million. Analysis indicates that if the XRP spot ETF is approved, the price could rise by 49% to $3.40; if not approved, it may drop by 29% to the support level of $1.61.