Quick Snapshot

Price: $3.38 (+11% intraday)

Daily Range: $3.00 – $3.38

Key Catalysts: ETF launch, improved$BTC

regulatory landscape, institutional inflows, whale accumulation

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🔍 Market Drivers at a Glance

1. Peter Brandt Sets Sights on $4.47

Veteran chart analyst Peter Brandt has issued a bullish price target of $4.47, suggesting a potential 60% upside. His forecast is$ETH

backed by a bullish technical structure, with XRP nearing critical breakout resistance zones.

2. XRP Closing in on 2018 Highs

Momentum is building fast. XRP is just ticks away from its 2018 peak near $3.40. Trading volume has exploded past $12 billion, signaling strong participation from retail and institutional players alike.

3. ETF Ignites Price Action

The launch of the ProShares Ultra XRP Futures ETF today (July 18) could be a game-changer. This marks the first leveraged XRP futures ETF, and it’s expected to bring in major liquidity and short-term volatility.

4. Institutional Interest on the Rise

$SOL

As Congress debates new crypto regulation frameworks, XRP is attracting fresh institutional capital. Ripple’s improved legal standing is helping traditional finance players feel more confident entering the XRP market.

5. Whales Quietly Accumulating

On-chain data confirms that 167 million XRP (~$497M) has recently moved into long-hold wallets. This pattern of accumulation points to “smart money” positioning ahead of a potential breakout.

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📈 Technical & Sentiment Overview

Support Zones: $2.85 – $3.00 (heavy buy-side demand)

Resistance Levels: $3.40 – $3.50 (near breakout), $4.00 – $4.50 (target zone)

Trend Signals: Bullish MACD crossover, rising ADX, higher lows forming

Sentiment Index: Greed rising to 72% — clearly bullish

Longer-term forecasts now suggest XRP could reach $4.50 short-term, with optimistic projections going as high as $15+ over the next year.

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📊 Strategy Tips for Traders

Mid-Term Holders: Look to accumulate between $3.00 and $3.20 if support holds.

Short-Term Traders: Monitor price action around the $3.40–$3.50 range for a confirmed breakout.

Risk Management: A drop below $3.00 could signal a retreat toward the $2.60–$2.85 range.

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🔔 What to Watch Today

✅ ETF Launch Now Live — ProShares Ultra XRP Futures ETF hits the market

🏛️ Congressional Hearings — Crypto legislation in progress; could shift market sentiment

🐋 Whale Wallets — Track large address activity to anticipate short-term moves

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🚀 Bottom Line

XRP is entering a pivotal moment in its market cycle. With ETF excitement, favorable legal developments, and strong technicals converging, all signs point toward continued bullish momentum. A solid break above $3.50 could unlock rapid upside toward $4.00+ — but traders should keep an eye on macro headlines and regulatory updates.

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💬 Are you holding long or trading the ETF launch today? Let’s talk strategy in the comments!

📌 As always: DYOR | Not Financial Advice | Risk Smart

#XRPBreakout #CryptoMomentum #RippleNews #XRPETF #BinanceSquare #WhaleWatch #CryptoLegislation #AltcoinSeason2025