XRP Is Waking Up — And This Week Proves It
After months of sideways movement and silence, XRP has surged more than 25% in a single week, pushing close to the key $3.00 level. This move isn't based on hype alone — it's supported by strong fundamentals and notable developments.
ETF Launch Incoming on July 18
A major catalyst is the upcoming launch of the ProShares XRP Futures ETF. Scheduled for July 18, this could open the door for institutional investors, increasing both liquidity and market credibility.
Regulatory Optimism in Washington
In Washington, three major crypto bills are being discussed this week. If approved, they could bring clearer regulations for digital assets like XRP. This is especially relevant given XRP's long-standing legal uncertainties in the U.S.
Analyst Prediction: XRP to $4.47
Veteran trader Peter Brandt has predicted XRP could rise to $4.47 — an estimated 60% increase from current levels. This forecast is gaining attention as it aligns with rising momentum and trading activity.
Whale Movement: 167 Million XRP in Motion
This week, whales moved over 167 million XRP (around $497 million), with most of the buying concentrated near the $2.85 level. Large holder activity like this often signals growing confidence in the asset.
Key Resistance: $3.00
The $3.00 level is a major resistance point. A successful breakout could push XRP toward $3.25 or higher. However, if it gets rejected, a dip to the $2.60–$2.80 range is possible. Volatility remains high, with expected swings exceeding 13% this week.
Final Thoughts
XRP's recent price action isn't random. With institutional products, regulatory developments, expert analysis, and large-scale buying all aligning, it appears XRP is entering a significant phase.
However, the risk remains. Traders and investors should approach cautiously and monitor the $3.00 level closely — it could determine XRP’s short-term direction.
#Xrp🔥🔥 #xrp
