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Key TakeawaysXRP futures volume soared 200% in 24 hours to $12.4B, surpassing Solana.Price broke out of a bull flag pattern, with a $4.50 target by September–October.Ripple and SEC agreed to dismiss all legal appeals, ending the years-long lawsuit.Open interest climbed 15% to $5B, with most traders taking long positions.$2.80–$2.82 zone emerges as key support; Fed rate cut in September could add upside momentum.XRP (XRP) surged over 10% to $3.33 after Ripple and the U.S. Securities and Exchange Commission (SEC) agreed to drop all remaining legal appeals, marking the official end of their multi-year court battle.The legal resolution unleashed a wave of speculative activity, with XRP futures trading volume jumping 200% in 24 hours to $12.4 billion, overtaking Solana’s $9.6 billion, according to Glassnode.Futures and On-Chain Metrics Show Bullish Tilt — But Risk of LiquidationsOpen interest — the total value of unsettled futures contracts — climbed 15% to $5B, with XRP’s daily funding rate at +0.01%, signaling a bias toward long positions. While this reflects bullish sentiment, Glassnode warned that heavy long positioning can leave traders vulnerable to cascading liquidations if prices reverse.On-chain cost basis data shows a large 1.7 billion XRP acquired between $2.80 and $2.82, suggesting strong holder support in that range. This cluster may act as a buffer during potential pullbacks.Bull Flag Breakout Targets $4.50XRP’s latest move pushed it above the upper trendline of a bull flag — a bullish continuation pattern that often signals further upside. Rising volume during the breakout added confirmation.Applying the traditional bull flag target calculation — adding the height of the previous rally to the breakout level — yields a price objective above $4.50, roughly 35% above current levels. Analysts expect this target could be reached by September or October.Macro Tailwinds Could Support RallyA potential Federal Reserve rate cut in September could increase demand for risk assets, providing an additional catalyst for XRP’s next leg higher.Market commentators remain optimistic:Mikybull Crypto sees XRP rising to $5–$8 by year-end.Dom projects as high as $10 in the current cycle.XRP’s breakout above $3.30, combined with record futures activity and a major legal overhang removed, has shifted sentiment decisively bullish. But with leveraged longs building quickly, traders face the dual risk of rapid upside — and sharp corrections if momentum stalls, according to Cointelegraph.

Key Takeaways:XRP surged 12% in 24 hours, outperforming Bitcoin and Ethereum.Deribit data shows institutional traders opening large “long straddle” options positions at $3.10 and $3.20 strike prices.The long straddle strategy signals a bullish bet on volatility, with traders expecting major price swings.SEC and Ripple filed to dismiss their appeals in court, ending a years-long legal battle — a potential catalyst for volatility.XRP Climbs to $3.32 as Institutional Options Traders Bet on VolatilityXRP rose 12% over the past 24 hours to reach $3.32 — its highest price since July 28 — significantly outperforming Bitcoin (BTC) and Ethereum (ETH). The rally appears tied to a wave of sophisticated options trading activity on Deribit, including large long straddle positions placed by institutional traders.According to Deribit data, a trader executed a major block trade involving 100,000 contracts of both call and put options at the $3.20 strike price, with expiry on August 29. The strategy, known as a long straddle, involves buying both calls and puts to bet on sharp price movement in either direction. A similar straddle was placed at the $3.10 strike.The total premium paid for the $3.20 straddle exceeded $416,000, representing a bullish bet on future volatility, regardless of direction.“XRP has outperformed BTC this year, and we are now seeing a surge in block trades and institutional interest in XRP options,” said Lin Chen, Deribit’s Head of Asia Business. “We’ve also launched year-end XRP options to meet growing demand.”Legal Breakthrough Fuels Market SpeculationThe options activity coincided with news that the U.S. Securities and Exchange Commission (SEC) and Ripple have agreed to dismiss their appeals in the Second Circuit court. While the case still requires district court closure, the move signals the nearing end of a legal battle that began in 2020 — a development that could significantly impact XRP’s market narrative.Ripple uses XRP to facilitate global cross-border payments, and clarity around its legal status could pave the way for broader adoption and institutional interest.What Is a Long Straddle in Options Trading?A long straddle is a non-directional options strategy in which traders simultaneously buy a call and a put option at the same strike price and expiration date. It’s commonly used when a major volatility event is expected — such as a court ruling or regulatory shift — but the direction of the move is uncertain.Maximum Loss: Limited to the total premium paid for both options.Maximum Profit: Unlimited, as large price swings in either direction increase returns.Breakeven Point: The underlying asset must move above or below the strike by the amount of the combined premium to be profitable.The strategy’s rising use on XRP suggests growing institutional appetite for volatility plays, likely driven by regulatory catalysts and renewed retail momentum.

Key Takeaways:XRP jumps 12% to $3.36, leading a 3% rise in total crypto market cap to $3.76 trillion.Ether gains 7.3% to $3,935; Dogecoin climbs 8.8% to $0.224.Bitcoin lags with 1.9% gain amid declining ETF inflows and narrow range consolidation.FxPro analyst warns BTC is stuck between $112K and $120K resistance.Global markets rally on easing US–Japan trade tensions; oil slides over 4% for the week.Altcoins took the lead in Friday’s global market rally, with XRP soaring 12%, Ether climbing 7.3%, and Dogecoin jumping nearly 9%, even as Bitcoin (BTC) showed only modest gains amid signs of cooling investor demand and increased hedging activity.The total crypto market cap rose 3% over the past 24 hours to $3.76 trillion, driven largely by strong performance across major altcoins. According to CoinGecko data:XRP rallied 12% to trade at $3.36Ether (ETH) gained 7.3%, reaching $3,935Dogecoin (DOGE) surged 8.8% to $0.224Solana (SOL) advanced 4.7% to $175.19Meanwhile, Bitcoin added just 1.9%, trading around $116,781, with $38.8 billion in daily volume — a clear sign that capital rotation into altcoins is picking up momentum.Bitcoin Stalls in Range as Market Turns Risk-OnFxPro chief market analyst Alex Kuptsikevich noted the divergence between altcoin and Bitcoin performance. He said the crypto rebound mirrors growing global risk appetite, with equities and gold futures rising in tandem. However, he warned that BTC remains “trapped in a narrow range”, defined by:Support at $112,000 — near the 50-day moving averageResistance at $120,000 — coinciding with July highs and key psychological levels“While altcoins are breaking out, Bitcoin is still boxed in,” Kuptsikevich said. “Momentum is lacking, and institutional flows are cooling.”Global Markets Rally While Oil SlumpsThe MSCI Asia Pacific Index gained 0.5%, marking a fifth straight day of gains, as Japan’s Nikkei-225 surged 2.3% following eased U.S.–Japan trade tensions. Japan’s chief negotiator Hiroshi Suzuki confirmed the U.S. had agreed to cut car levies and end universal stacking tariffs, boosting regional equities and global risk appetite.In contrast, oil prices tumbled more than 4% for the week, pressured by rising U.S. inventories and weaker Chinese import data, according to Bloomberg.Bitcoin ETF Inflows Drop, Onchain Activity SlowsDespite the broader risk-on rally, Glassnode data suggests Bitcoin sentiment is cooling:Spot Bitcoin ETF inflows have dropped nearly 25%Network activity is downTransaction fees have declinedOptions market positioning further indicates increased downside hedging, with traders buying protection for BTC below $100,000 heading into late August — a sign that some expect a continued summer lull.While XRP, Ether, and Dogecoin drive altcoin-led gains in a rising global market, Bitcoin remains rangebound amid cooling ETF demand and cautious institutional positioning. With sentiment shifting and volatility still compressed, the coming weeks may decide whether altcoins continue to lead — or if Bitcoin reclaims dominance.

According to BlockBeats, XRP futures trading volume has experienced a significant increase, rising by 208% within 24 hours to reach $12.4 billion, surpassing SOL's $9.6 billion. Open interest has climbed to $5.9 billion, marking a 15% increase. Glassnode analysis indicates that the current market funding rates suggest a predominance of long positions. This scenario could heighten liquidation risks if prices decline.

According to BlockBeats, The ETF Store President Nate Geraci revealed that BlackRock intends to file an application with the U.S. Securities and Exchange Commission for an XRP ETF once the Ripple appeal case is resolved. This move aims to diversify cryptocurrency ETF portfolios. Geraci criticized BlackRock's focus solely on Bitcoin and Ethereum, suggesting it implies only these assets hold value.Bloomberg's senior ETF analyst Eric Balchunas commented on the matter, expressing skepticism about the potential popularity of an XRP ETF compared to Bitcoin and Ethereum. He suggested that diminishing returns might become evident from this point forward.

According to Cointelegraph, the legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has reached its conclusion following a joint filing that confirmed the dismissal of both the regulator's appeal and the blockchain company's cross-appeal. This development marks the end of a significant enforcement action concerning XRP, Ripple's digital asset. The U.S. Court of Appeals for the Second Circuit acknowledged the joint dismissal in a filing submitted on Thursday. This decision effectively closes the chapter on the legal dispute that has been closely watched by the cryptocurrency industry. Ripple's Chief Legal Officer, Stuart Alderoty, expressed relief and readiness to move forward, stating, "The end…and now back to business," in a post on X, formerly known as Twitter. The lawsuit has been a focal point in the ongoing debate over regulatory clarity in the cryptocurrency sector. Ripple Labs has consistently argued that XRP should not be classified as a security, a stance that has been central to its defense against the SEC's allegations. The resolution of this case may have broader implications for how digital assets are regulated in the United States, potentially influencing future legal interpretations and enforcement actions. As this story develops, further updates are anticipated, shedding light on the potential impacts of this legal resolution on Ripple Labs and the wider cryptocurrency market. Stakeholders and observers are keenly interested in understanding how this outcome might affect regulatory approaches and the operational strategies of blockchain companies moving forward.

Key Takeaways:XRP drops 19% in 3 weeks, now facing critical support at $2.65.Whale wallets have offloaded 640 million XRP since July 9, signaling major distribution pressure.$2.65 aligns with VWAP and 50% Fibonacci retracement — a break below may trigger a full retrace to $2.00.XRP Price Nears Key Support as Correction DeepensXRP is under mounting technical and on-chain pressure after falling nearly 19% from its 2025 high of $3.65 reached on July 18. As of Monday, XRP is trading around $2.99, but struggles to reclaim the $3.10–$3.00 resistance zone — a level now acting as a major barrier to recovery.The sell-off has pushed XRP to briefly test a crucial support zone between $2.66 and $2.80 over the weekend before bouncing to form a higher low, suggesting a temporary pause in selling pressure.Whales Exit as Market Structure WeakensOn-chain data from CryptoQuant shows a sustained whale exodus, with large holders offloading over 640 million XRP since July 9, worth approximately $340 million.This marks a prolonged distribution phase, as whale wallets — defined as addresses holding significant XRP — continue to reduce exposure, contributing to the recent price slump.“If whales continue to exit, it places further stress on key support levels,” noted analysts tracking whale netflows.$2.65: The Make-or-Break Level for XRPTraders are closely watching $2.65, a level that aligns with multiple technical indicators:It marks the Quarterly VWAP (Volume-Weighted Average Price), a common fair-value indicator used by institutions.It is also the 0.50 Fibonacci retracement level from the recent move from $2 to $3.65.Previously, it acted as strong resistance through the first half of 2025, before flipping into support in July.“A sustained drop below $2.65 could trigger a full pump retrace, taking prices back to $2.00,” said crypto trader Nebraskangooner, referencing a complete reversal of the recent uptrend.What the Charts SayTechnical analyst Dom noted that XRP held $2.80, a key short-term area of interest, but remains vulnerable unless $2.65 is defended.Mind Trader added that XRP has now completed a 50% retracement of its rally from $2 to $3.65 — a critical point often seen as a decision zone between continuation and breakdown.If $2.65 holds, analysts see potential for a renewed push toward $4.15, a possible new all-time high. But if support breaks, XRP risks retesting its previous range lows near $2.00, effectively erasing the gains from Q3.Make-or-Break Week for XRPWith whale outflows continuing and volume concentration shifting, XRP's ability to hold $2.65 will determine whether the Q3 rally resumes or unravels, according to Cointelegraph.Key levels to watch:Support: $2.80 (short-term), $2.65 (critical), $2.00 (macro)Resistance: $3.00–$3.10, then $3.25 and $3.65Breakout target (if trend resumes): $4.15

Key Takeaways:XRP surged 3% to touch $3.02 before closing at $2.98, breaking through key short-term resistance levels.The rally was driven by high-volume buying, especially on Korean exchange Upbit.Traders await a key SEC deliberation on Ripple’s appeal withdrawal and SBI’s Bitcoin-XRP ETF application in Japan.XRP Price Rallies as Regulatory and Institutional Tailwinds StrengthenXRP crossed the $3.00 milestone for the first time in weeks on August 7, driven by both technical momentum and key macro developments. The token rose 3% in the past 24 hours, peaking at $3.02 before settling at $2.98.The move follows intensifying buying activity on Korean exchanges, as traders position ahead of a major SEC decision regarding Ripple Labs.SEC Set to Review Ripple Appeal WithdrawalA crucial hearing at 03:00 UTC on August 7 will see the U.S. Securities and Exchange Commission (SEC) deliberate Ripple's request to withdraw its appeal. If accepted, XRP could be officially cleared of “security” classification under U.S. law—removing a major regulatory overhang that has persisted since 2020.Legal analysts expect a final ruling by mid-August, making XRP’s regulatory clarity one of the most closely watched developments in the crypto space this month.Japan’s SBI Holdings Files Bitcoin-XRP ETFMeanwhile, Japan’s SBI Holdings has filed for a Bitcoin-XRP ETF, signaling growing institutional demand and international interest in XRP as a treasury asset. Reports suggest corporate buyers could pledge up to $1 billion in XRP purchases if the ETF is approved.The ETF filing is being viewed as a potential catalyst for further upside, with implications for XRP’s utility in portfolio diversification and cross-border settlements.XRP Price Action and Technical Levels24-hour range: $2.91 to $3.02 (3.7% spread)Top movement: Between 15:00–16:00 UTC, XRP surged from $2.95 to $3.02 with volume topping 110 million tokensExchange driver: Upbit led with over $95 million in XRP tradesResistance levels breached: $2.87 → $2.92 → $2.97Failed breakout: $3.02, with rejection back to $2.98, now acting as short-term supportWhat’s Next for XRP Traders?Key levels to watch:Support: $2.98Resistance targets: $3.05, $3.14, and $3.25 (if ETF or legal clarity aligns)Market Focus:SEC’s 03:00 UTC session and whether Ripple’s appeal withdrawal is finalizedFollow-through from Japan’s ETF filing and its impact on institutional flowsPrice behavior around $3.05, especially on Upbit and Binance volumesRegulatory Clarity Could Unlock Next XRP LegIf the SEC formalizes Ripple’s appeal withdrawal, XRP could see a surge in investor confidence and capital inflows—especially with global ETF interest and a possible XRP supply squeeze on the horizon.With sentiment rising and trading activity climbing, XRP is once again on the radar of both retail and institutional investors heading into mid-August.

According to Cointelegraph, XRP is currently exhibiting a bullish fractal pattern reminiscent of a previous rally earlier this year, suggesting a potential upward movement in August. The cryptocurrency is consolidating within a falling wedge pattern, a technical formation that often precedes a breakout. Earlier this year, XRP experienced a similar pattern between December and January, which resulted in a significant price surge of 70%, climbing from around $2 to over $3.39. This pattern was characterized by XRP maintaining its position above the 50-day exponential moving average (EMA) and eventually breaking out to reclaim the 20-day EMA as support. As of August 2025, XRP is once again navigating a falling wedge after a notable rally, with its price bouncing off the 50-day EMA and turning the 20-day EMA into a support level. The relative strength index (RSI) for XRP has also shown a similar trajectory, pulling back from overbought levels and stabilizing near 50, a move that previously signaled a breakout. Currently, XRP is testing the upper trendline of the wedge, with a potential breakout targeting $3.75, representing a 20% increase from its current price levels. However, a rejection at this trendline could delay the breakout, possibly leading XRP to retest the 50-day EMA as support. A close below this level might result in a decline toward the wedge apex near the 200-day EMA, around $2.34. Analysts are optimistic about XRP's potential to surpass $4 in this cycle, driven by factors such as whale accumulation and the possibility of a Federal Reserve rate cut in September, which could enhance risk appetite. The fundamentals of XRP remain strong, with the Ripple XRP Ledger processing over 70 million transactions in July 2025 and more than 1 million new accounts created this year, as reported by Dune Analytics. The growth of stablecoins on the XRP Ledger has been a significant contributor to its network expansion. In Brazil, Braza Bank issued over $4.2 million worth of its BBRL stablecoin on the XRP Ledger in July, making it the second-largest BRL stablecoin after Transfero Group's BRZ. In the United States, activity surrounding Ripple's RLUSD has increased, with daily transfers rising significantly within a month. This growing stablecoin activity and user adoption bolster XRP's utility narrative, supporting the bullish sentiment that could drive XRP's price toward the $3.75-4.00 range. Readers are reminded that this article does not offer investment advice, and all trading decisions should be made based on individual research and risk assessment.

According to PANews, the cryptocurrency community is closely monitoring the ongoing lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple, hoping for a resolution to the long-standing XRP case. Ripple has withdrawn its appeal, but the SEC has not followed suit. Legal expert Bill Morgan notes that while the SEC does not have a fixed deadline to withdraw its appeal, it must submit a report to the appellate court by August 15, 2025. New developments are anticipated in the coming weeks. The central issue in the case is whether Ripple's sale of XRP constitutes an unregistered securities transaction. In 2023, a judge ruled that institutional sales of XRP were securities transactions, while programmatic sales on exchanges were not. Although both parties reached a settlement, it was rejected by the judge.

Key TakeawaysXRP plunged as much as 13.5% this week, underperforming Bitcoin and Ethereum.Ripple co‑founder Chris Larsen moved $175M worth of XRP, with $140M landing on exchanges.Over 93% of XRP supply is in profit, sparking heavy profit-taking pressure.XRP has been one of the weakest major cryptocurrencies this week, sliding 13.5% from recent highs as whale activity and profit-taking trigger heavy selling. The token is trading near $3.07, raising concerns that it could break below the psychologically important $3 level if selling pressure persists.Ripple Co-Founder Transfer Sparks Market AnxietyOn July 17, Chris Larsen, Ripple’s co‑founder, reportedly moved $175 million worth of XRP to four separate wallets — with $140 million eventually hitting exchanges, according to blockchain sleuth ZachXBT.The timing was crucial: XRP had just peaked above $3.60, and the massive transfer signaled to traders that a major holder might be offloading tokens. That perception weakened confidence and triggered a wave of selling across the market.Over 93% of XRP Supply Is in Profit — Fuel for SellingAnother factor amplifying the downturn is XRP’s profitability surge. Data from Glassnode shows that 93.24% of all XRP in circulation is now held at a profit, after prices spiked to $3.60.Historically, when over 90% of a coin’s supply flips into profit, holders tend to lock in gains, especially if they believe the price has peaked.By comparison, Ethereum’s percentage supply in profit sits at 84.7%, still below the “overheated” zone.XRP Drifting Back to Realized Price LevelsGlassnode data suggests XRP is retracing toward short-term holder (STH) realized price ranges, between $2.30 and $2.80.These are the prices most short-term investors — those who bought in the past 1–3 months — paid for their XRP. When XRP peaked at $3.66, these holders were sitting on 20–30% unrealized gains.As prices began to drop, many likely rushed to take profits or cut losses, intensifying the sell pressure.Will XRP Hold the $3 Level?Analysts say the $3 level could be a key psychological support zone for XRP. If it fails to hold, XRP could drift toward the $2.80 range — and possibly even the lower bound of its STH realized price around $2.30.While XRP still enjoys strong liquidity and market attention, the combination of whale transfers, profit-taking, and broader market rotation into Ethereum and Binance Coin has left the token vulnerable to further downside.

According to BlockBeats, CoinGecko data reveals that Upbit's trading volume reached $3.147 billion in the past 24 hours. The XRP/KRW trading pair dominated the Korean won market with a 14.05% share, amounting to a 24-hour trading volume of $440 million. Ethereum followed with an 8.24% share and a trading volume of $258 million, while GLM ranked third with a 5.02% share and a trading volume of $157 million.

According to Foresight News, blockchain investigator ZachXBT has disclosed that since July 17, an address long associated with Ripple co-founder Chris Larsen has transferred 50 million XRP. Approximately $140 million worth of these tokens have been moved to three addresses linked to trading platforms, while an additional 10 million XRP have been deposited into two newly created wallets. The address controlled by Larsen still holds about 2.81 billion XRP, valued at approximately $9 billion.Previously, the U.S. Securities and Exchange Commission (SEC) accused Ripple's CEO Brad Garlinghouse of personally cashing out $150 million worth of XRP over three years during its lawsuit against Ripple in 2020. Additionally, Larsen and his spouse reportedly sold $450 million worth of tokens between 2017 and 2020.

According to Cointelegraph, Barstool Sports founder Dave Portnoy expressed regret over selling most of his XRP holdings just weeks before the cryptocurrency reached new year-to-date highs. Portnoy, who once considered himself a leader of the 'XRP army,' lamented in a video posted on X that he could have made millions had he held onto his investment. XRP recently broke its yearly high of $3.29, climbing to $3.60, marking a 19.61% increase in the past 24 hours, as reported by Nansen data. Portnoy revealed that he sold his XRP when it reached $2.40, influenced by advice from an acquaintance who believed Circle would become a competitor to Ripple Labs, the company associated with XRP. This decision was made despite Portnoy's lack of strong conviction in XRP, as he admitted at Consensus 2025 that his purchase was driven by fear of missing out, hoping it might emulate Bitcoin's success. Meanwhile, Ripple Labs applied for a national bank charter in the United States on July 2, shortly after stablecoin issuer Circle made a similar move. The recent XRP rally coincided with a broader upswing in the crypto market, which began on July 9 after Bitcoin surpassed its May high of $112,000. Thursday's surge in XRP resulted in the liquidation of approximately $68.16 million in short positions, according to CoinGlass data. This market momentum was further bolstered by a series of legislative victories in the U.S. House of Representatives. Lawmakers passed the Digital Asset Market Clarity (CLARITY) Act, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, and the Anti-CBDC Surveillance State Act, signaling positive developments for the cryptocurrency industry. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

The New York Stock Exchange (NYSE) has officially approved the listing and registration of the ProShares Ultra XRP ETF, which will trade under the ticker UXRP, according to a report by TechFlow on July 15.

According to Odaily, Ripple has appointed BNY Mellon as the custodian for its XRP dollar reserves. This decision marks a significant step for Ripple in managing its digital asset holdings.

According to Cointelegraph, XRP's price remained relatively stable on Tuesday, experiencing a slight decline of 0.1% over the past 24 hours, settling at $2.26. Analysts are now focusing on crucial resistance levels that need to be surpassed for XRP to reach the $3 mark. The cryptocurrency must reclaim the 200-day simple moving average (SMA) and close above the $2.20-$2.30 range on the daily chart. The 50-day SMA is positioned at $2.22, while the 100-day SMA is at $2.20. Following this, bulls must overcome the resistance at $2.36, the 200-day SMA, to aim for higher highs above $3. Historically, converting the 200-day SMA into support has often preceded significant rallies in XRP's price. For instance, when the XRP/USD pair crossed above the 200-day SMA in November 2024, it was followed by a 430% surge in price, reaching a multiyear high of $2.90 on December 3, 2024. Crypto analyst CasiTrades noted that momentum is building, and XRP's breakout is imminent. The analyst highlighted multiple higher lows and the reclaiming of the $2.25 support as classic bullish continuation signals. This level marks the convergence of the multimonth trendline and the 50-day and 100-day SMAs. CasiTrades suggested that once the local resistance at $2.30 is broken, the next likely targets are $2.69 and $3.04. Pseudonymous analyst Dom observed that XRP is trading above a key breakout zone at $2.25, where all major Volume Weighted Average Prices (VWAPs) and the 160-day downtrend line converge. Dom emphasized that this momentum is crucial for bulls to aggressively push the price, potentially reaching the $2.40s. Additionally, XRP is showing bullish signs against Bitcoin (BTC). On July 6, the XRP/BTC pair broke above a multimonth descending trendline at 0.00002065, which had acted as resistance since March. A retest of this trendline will confirm the end of the downward trend, paving the way for the XRP/BTC pair to break out higher. The upside for XRP is supported by a growing bullish divergence between its XRP/BTC pair and the relative strength index (RSI). The XRP/BTC pair experienced lower lows between May and July, while the daily RSI ascended from 28 to 55, forming higher lows. This divergence typically indicates weakness in the prevailing downtrend, encouraging traders to buy more during dips as investor interest increases and seller exhaustion sets in. Market analysts anticipate continued outperformance of XRP against BTC, with Mikybull Crypto stating that the pair needs to overcome the resistance at 0.000022 to confirm the upside. Breaking this trendline resistance could lead to a strong rally for XRP. As Cointelegraph reported, an XRP/BTC breakout from a symmetrical triangle could result in 70% gains, potentially pushing XRP's price above $3.

According to Cointelegraph, XRP has experienced an average decline of 25% in 2025 following overbought signals from the Stochastic RSI. This trend is currently unfolding in July, suggesting a possible correction in the near future. Historically, XRP's price drops have ranged from 12% to 45% this year, with the Stochastic RSI indicating momentum by comparing the asset's RSI to its recent range. On June 28, XRP's daily chart showed the Stochastic RSI entering the overbought zone above 80, where it has remained. Typically, XRP tends to reverse sharply when these levels begin to neutralize, with declines averaging over 25% in 2025. The current chart structure suggests a higher probability of a downside unless a decisive breakout occurs to invalidate this signal.A descending triangle formation following XRP's recent upward trend poses a risk of strengthening the bearish outlook, with projections indicating a potential drop to around $1.14, representing a 50% decrease from current price levels. Analyst Xanrox warns of a more significant correction, pointing to a multi-year ascending triangle that has influenced XRP's price action since 2017. A crucial aspect of his analysis is the formation of a large Fair Value Gap (FVG) during XRP's vertical movement earlier this year. Historically, such imbalances have been aggressively filled after steep drawdowns. Xanrox anticipates a similar outcome following XRP's recent rally to $3.40 in 2025, targeting a decline toward the triangle's lower trendline at approximately $0.60, which would be a 70% drawdown from current prices.Despite these bearish predictions, some analysts maintain a more optimistic outlook. Mikybull Crypto identifies a symmetrical triangle setup that could target $3.70 by September, while XForceGlobal projects a price range of $8 to $27 based on Fibonacci levels. Other analysts highlight a falling wedge breakout and whale accumulation, with targets near $3.20. It is important to note that this article does not provide investment advice or recommendations. Every investment and trading decision carries risk, and readers are encouraged to conduct their own research before making any decisions.

According to Cointelegraph, Ripple Labs' recent application for a U.S. banking license has generated significant interest in the cryptocurrency market, particularly concerning the potential impact on XRP's price. Ripple Labs CEO Brad Garlinghouse announced on X that the company is seeking a national bank charter from the Office of the Comptroller of the Currency (OCC). Garlinghouse emphasized that if approved, the license would place Ripple under both federal and state oversight, establishing a new benchmark for trust in the stablecoin market.The announcement has led to speculation about XRP's price trajectory, with analysts considering whether the cryptocurrency could break through its current resistance levels. On Wednesday, XRP rebounded from the 20-day exponential moving average of $2.19 and surpassed the 50-day simple moving average of $2.23, indicating bullish momentum. The XRP/USDT pair is projected to rise to $2.34, a level expected to present a significant challenge. Should the price decline from $2.34 and fall below the 20-day EMA, it would suggest that bearish forces are active, potentially keeping the pair within the $2.34 to $2 range for some time.Conversely, if XRP manages to surpass the $2.34 mark, it could pave the way for a rally towards the overhead resistance of $2.65. Sellers are anticipated to vigorously defend the $2.65 level, as a breakthrough could initiate a new upward movement towards $3. The XRP/USDT pair has also formed a bullish inverse head-and-shoulders pattern, which would be confirmed upon a break and close above the neckline. Success in this regard could propel the pair to $2.42 and subsequently to the pattern target of $2.76.However, this optimistic outlook could be invalidated if the price reverses from the neckline and falls below the $2.14 support level, increasing the risk of a decline to $2.07. As always, investors are advised to conduct their own research and exercise caution, as all trading and investment decisions carry inherent risks.