Legal front: Ripple has applied for a national banking license in the USA — if approved, this will strengthen confidence in XRP and its role in the RLUSD ecosystem.
Institutional interest: In the first half of the year, substantial inflows into XRP-ETP (~ $10.6 million) are observed, and major holders are increasing their balances by approximately 65% since the end of November 2024.
Futures and open interest: Open interest has increased by more than 30%, marking the beginning of an active phase in the futures market, however, the futures premium has not increased — the position is balanced between longs and shorts.
📈 Technical visual and forecasts
The range $2.20–$2.30 is considered an important zone: holding above it and breaking above $2.40–$2.65 could give a boost to new historical highs, possibly to $5 and above.
Analysts note the formation of a 'symmetrical triangle', with a breakout expected in July–September 2025; potential after $2.40 — to the range of $8–$27 on average and up to $50 in extreme scenarios.
XRP is undergoing its last accumulation cycle according to Wyckoff theory, indicating a possible final impulse — with targets up to $5–$9, even $32, provided it breaks $2.60+.
🧭 Expert opinion from Binance Square
Position Comment
Wufer Legal victories, institutional deals, strengthening XRP positions — key driving forces; growth up to $3–$5 is possible, with a correction to $1.5–$2.0 in case of negativity.
Blackbody The last two 'pump phases' are complete, XRP is now in consolidation, preparing for the final 'pump', upon breaking levels around $3.5 and $5.
Coinstages/Bitwise Forecasts for 2025: bearish – up to $1.5–$1.8, baseline – $4–$6, maximum – $10+; by 2030 in the baseline scenario — up to $12.7.
✅ Conclusions and strategy
Key levels: support $2.20–$2.30; critical level — $2.40–$2.65. A breakout will increase the chances of significant growth.
Background: improvement of the regulatory framework, institutional investments, activity in futures.
Technical patterns: triangle and Wyckoff — signal 'ready' for a major movement.
Risks: possible pressure if lawyers make changes or the market corrects globally.
💡 How to trade or invest
Medium-term traders: watch the range $2.20–$2.30 and aim for a breakout above $2.40 with increased volume.
Investors ('hodl'): it is possible to gradually average down the price under the range $2–$2.30, with a long-term target of $5+.
Long-term holders: potential up to $10+ by 2025–2026, and up to $12–$30+ closer to 2030.
📌 Conclusion:
XRP is at the intersection of legal victories and technical signals. The range $2.20–$2.40 serves as a starting point. Successful holding and breakout could trigger significant growth with targets from $5 to $10 and above. However, risks still remain — it's important to closely monitor the news background and technical analysis.
I hope this gives a clear picture of the current situation and prospects for XRP according to Binance Square, supplemented with visuals. If there's anything else to focus on, let me know!
