#xrp
Here’s a concise analysis of XRP's performance on July 15, 2025:
XRP experienced a sharp decline of approximately 8%, falling from $3.02 to a low near $2.78, before rebounding to around $2.87 . The drop was driven by institutional de‑risking ahead of the upcoming ProShares Ultra XRP futures ETF launch on July 18 . Despite today’s pullback of around 3%, technicals remain constructive: XRP is holding above the 100‑hour SMA and is within the Ichimoku cloud—suggesting support at $2.81–$2.87 . A key resistance test sits at the $3.00 level; reclaiming this would open a potential move toward $3.40 .
Summary: Today's dip seems like a short‑term shake‑out ahead of big ETF-related flows. Watch support at $2.80 and resistance at $BTC $ETH $XRP #StrategyBTCPurchase