1. Powerful gains and record numbers
• The cryptocurrency XRP has increased by about 5% to nearly 3.40–3.64 USDT following the passage of regulatory bills in the U.S. Congress, such as the "GENIUS Act" and broader cryptocurrency regulation. Additionally, there are reports of the U.S. president's intention to sign an executive order allowing the integration of digital assets into 401(k) retirement accounts.
• On the morning of July 18, the cryptocurrency reached 3.64 USDT, its highest recorded level during a specific trading session.
🔍 2. Forecasts for an increase towards higher levels
• Analyst Peter Brandt predicts a rise of up to 60%, which could push the price to around 4.47 USDT in the coming months.
• Other forecasts suggest a trajectory towards 10 USDT, supported by growing confidence in Ripple and its technological advancements in the global adoption of financial transfers.
🧠 3. Technical signals – An overview of the trading trend
• Data from the Binance platform indicates a trading breakout on the XRP/USDT pair above levels of 3.42 USDT with an attempt to break through the resistances of 3.48–3.50 USDT, and a technical support at 3.36–3.37 USDT, with a warning about the possibility of a correction if it fails to maintain above the resistance.