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🚀 XRP/USDT is heating up! As of July 14, 2025, XRP is trading around $2.96, riding a wave of bullish momentum that’s turning heads across the crypto space.

Here’s what’s driving the action:

📈 Price & Market Highlights

- Current Price: ~$2.96, flirting with the key psychological resistance at $3

- Weekly Gain: Up 27%, outperforming Bitcoin and Ethereum

- Market Cap: Surpassed $163 billion, overtaking Tether (USDT) to become the #3 crypto asset

- Open Interest: Futures open interest hit $7.2 billion, signaling strong institutional interest

🐋 Whale Activity & Institutional Demand

- Whale wallets holding over 1 million XRP hit a record high

- Massive accumulation: Over 1.45 billion XRP bought by large holders in the past week

- ETF buzz: The Teucrium XXRP ETF now holds $248 million in assets, fueling speculation of a spot XRP ETF approval

📊 Technical Outlook

- XRP is forming a bullish pennant and a 7-year double-bottom breakout pattern

- Analysts forecast potential targets of:

- $3.40 (short-term breakout)

- $4.47 (compound fulcrum setup)

- $6.27 to $15 (Elliott Wave projections by year-end)

🌐 Macro & Regulatory Tailwinds

- Ripple’s RLUSD stablecoin launch and pro-crypto legislation like the GENIUS Act are adding fuel to the rally

- Trump’s 30% tariff announcement briefly shook markets, but XRP rebounded quickly

If XRP breaks above $3 with conviction, we could be looking at a new chapter in altcoin season.