Are we facing a historic bull wave?
In one of the strongest price movements in the cryptocurrency market this year, the XRP currency recorded an astonishing price of $3.45 today, July 17, 2025.
So what is driving XRP to soar like this? And what are the near-term expectations?
๐ Reasons for XRP's Strong Rise:
1. โ Final settlement with the U.S. SEC.
Ripple officially announced reaching a legal agreement that ends the long dispute with the Securities and Exchange Commission, which removed the biggest obstacle facing XRP for years.
2. ๐ฐ Widespread Institutional Interest.
Huge investment funds have started entering the market to buy XRP as a global payment asset, following confirmation of its legality in U.S. markets.
3. ๐ Expansion of Global Partnerships
New agreements with Asian and African banks to integrate RippleNet into cross-border transfer systems.
4. ๐ Strong Technical Momentum
Surpassed the historical resistance at $2.90, opening the door for new peaks after breaking the $3.00 barrier.
๐ฎ Short-term XRP Forecast:
Current support: $3.20
Next resistance: $3.84 (2018 peak), then $4.20
If the momentum continues with the same strength, reaching $5.00 in the coming weeks is not unlikely.
โ ๏ธ But beware of sudden profit-taking!
After any major rise, a short corrective movement usually occurs, which can be used as a smart buying opportunity.
๐ก Is XRP an opportunity now? Or has the train left the station?
If you are a long-term investor, XRP shows clear signs of maturity as a project that is actually used for global money transfers, and is not solely reliant on speculation.
If you are a short-term trader, watch the market closely and be prepared for sudden fluctuations.
๐ก๏ธ XRP Trading Tips on Binance:
Use stop-loss orders to protect your profits.
Do not enter the market with all your capital now.
Monitor official news on Ripple and Binance accounts.
Do not invest out of greed (FOMO)
๐ก Summary:
XRP has proven itself today as a key player in the cryptocurrency market.
$3.45 is not the end, but perhaps the beginning of a new phase of global adoption and expansion.
Are you ready for the next XRP wave?
Share your opinion, strategy, and be part of this historic transformation in the cryptocurrency market.