📊 Technical Analysis $XRP (Update as of July 17, 2025)
📈 Current Price: $3.14
A significant increase from the previous level of $2.60 in recent days indicates strong bullish momentum.
🟢 Trend:
• Moving Average (MA50 vs MA200): Golden cross has occurred, MA50 is now above MA200 → medium-term bullish signal.
• RSI (Relative Strength Index): 74 → nearly overbought, but still allows room for further increase before potential correction.
• MACD: The MACD line has just crossed the signal line from below to above → confirming upward momentum.
📉 Support & Resistance:
• Strong resistance: $3.20 – $3.35
• Strong support: $2.90 – $2.80
• If breakout occurs at $3.35, the next target could be $3.50 – $3.75
⸻
🧠 Fundamental Analysis $XRP
🔹 Positive:
1. Altcoin ETF Sentiment
After Bitcoin and Ethereum's ETFs were approved, the community is now speculating about an ETF for XRP. This would be a significant boost for the price if it indeed happens.
2. SEC vs Ripple Legal Case
Regulatory clarity after the partial ruling in 2024 gives a positive signal for XRP to be traded legally in the US. This encourages institutions to start accumulating XRP.
3. XRPL Technology Adoption
XRP Ledger is beginning to be used by several banks for cross-border transactions. ODL (On-Demand Liquidity) transactions continue to rise.
🔻 Risks:
• Large XRP supply still held by Ripple Labs → potential selling pressure if released to the market.
• US regulations are not final → despite positive trends, there is still a possibility of legal uncertainty.
