$XRP

📈 Price Action & Technical Setup

XRP is currently trading around $3.01, marking a strong breakout above $2.90 with high volume. On-chain indicators show whale accumulation reaching multi-month highs, a bullish signal confirmed by analyst Peter Brandt who sees potential for a 60% rally toward ~$4.47 .

🏦 Institutional Inflows & ETFs

Institutional interest is surging, highlighted by the debut of the ProShares XRP Futures ETF on July 18. This legitimizes XRP as a tradable asset and may attract further capital . Additionally, Ripple is pursuing a national bank charter and Fed master account, signaling serious regulatory progress .

⚠️ Key Catalysts Ahead

Watch for the SEC spot ETF decision expected around July 25—a green light could further propel XRP . However, note that over 98% of supply is currently in profit, which could trigger short-term profit-taking .

💡 Final Takeaway

With strong technicals, institutional tailwinds, and positive regulatory momentum, XRP looks set for a bullish run toward $3.50–$4+. A breakout over $3 with sustaining volume supports the long case. But elevated profit-taking risks suggest tight stop placement—from $2.90–$2.80—should be used to manage downsides.