Ripple (XRP): Cross-Border Crypto Payments Trailblazer Achieves New Price Milestones
Ripple’s XRP on July 18, XRP reached a fresh high of $3.65, surpassing its previous 2018 peak of $3.40.
Currently trading at about $3.25, which marks a 10.7% drop from its peak but a 2.2% rise in 24 hours, XRP appears to be entering a consolidation phase. Nevertheless, recent developments have kept trader optimism alive for a renewed upswing.
With its near-instant settlement speeds, minimal fees, and seamless international transactions without intermediaries, XRP has drawn strong institutional interest, including from global organizations like the United Nations.
Following four years of litigation, Ripple achieved a major legal win in 2023 when a U.S. court ruled that XRP’s retail sales did not classify as securities transactions. By 2025, with the SEC closing its case, regulatory uncertainties were resolved, solidifying XRP’s market position.
This newfound regulatory clarity has attracted substantial investment into XRP, resulting in a price increase of over 431% in the past 365 days—far outpacing Bitcoin’s 76.5% growth on the year.
The Relative Strength Index (RSI) for XRP has declined from an overheated 86 seven days ago to 64, indicating mounting selling pressure. After an impressive 49% rally over the past month—well beyond Bitcoin’s 11% gain—traders are beginning to secure their profits, likely extending the sell-off over the weekend and creating a favorable buying opportunity.
Over the past seven days, XRP has dipped by 8.7% and could continue to ease until its RSI nears a neutral 50 and its price aligns with its 30-day moving average. Further downside risk appears limited given the strong psychological support near the previous resistance at $3.
Between late last year and early April, XRP developed a bullish flag pattern—a setup often preceding strong upward movements—which suggests that a climb toward $4 might be on the horizon by autumn.#BinanceHODLerTree #以太坊十周年 #Binance #CryptoClarityAct #CryptoClarityAct #BNBATH $XRP
