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XRP price started a fresh increase and traded above the $3.00 zone. The price is now correcting gains and might test the $2.75 support zone. XRP price started a fresh increase above the $2.850 zone. The price is now trading above $2.80 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.820 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $2.750 zone. XRP Price Rallies Over 5% XRP price started a fresh increase after it settled above the $2.650 level, like Bitcoin and Ethereum. The price was able to climb above the $2.80 resistance level. The recent move was positive and the bulls pushed the price above the $3.00 level. A high was formed at $3.0324 and the price is now correcting gains. There was a move below the 50% Fib retracement level of the upward move from the $2.660 swing low to the $3.0324 high. The price is now trading above $2.80 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2.820 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.920 level. The first major resistance is near the $2.950 level. A clear move above the $2.950 resistance might send the price toward the $3.020 resistance. Any more gains might send the price toward the $3.080 resistance or even $3.120 in the near term. The next major hurdle for the bulls might be near the $3.20 zone. More Downsides? If XRP fails to clear the $2.950 resistance zone, it could start another decline. Initial support on the downside is near the $2.820 level and the trend line zone. The next major support is near the $2.80 level and the 76.4% Fib retracement level of the upward move from the $2.660 swing low to the $3.0324 high. If there is a downside break and a close below the $2.80 level, the price might continue to decline toward the $2.750 support. The next major support sits near the $2.650 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.820 and $2.750. Major Resistance Levels – $2.950 and $3.020.

#xrp #altcoin #xrp price #rsi #coinmarketcap #xrp news #xrpusd #xrpusdt #relative strength index #captain faibik #egrag crypto #casitrades

Crypto analyst Captain Faibik has provided a bullish outlook for the XRP price, predicting that a new all-time high (ATH) is imminent. This came as the analyst noted that the altcoin is already on the move, having recorded a 20% gain since its breakout.  XRP Train Already On The Move To ATHs In an X post, Captain Faibik stated that the XRP train has already departed, with a rally to all-time highs on the horizon. The analyst noted that the altcoin has already surged over 20% since its breakout above $2.3. He had earlier predicted that the token was on the verge of a breakout, which would send it above its current ATH of $3.84.  Related Reading: XRP Wave 3 Could Repeat 600% Surge From Nov 2025, Target Set For $15 Captain Faibik remarked that this bullish rally will send XRP to as high as $4.60. Crypto analyst Egrag Crypto also indicated that a new ATH is in sight for the altcoin. In an X post, He stated that XRP needs to close the $3-day candle above the top wick of the March 2nd candle. The analyst told market participants to get ready for a new ATH if it closes above the $3.010 level.  Meanwhile, crypto analyst Titan of Crypto also echoed Captain Faibik’s sentiments, stating that XRP has just recorded a powerful breakout. He noted that the altcoin has confirmed a clean breakout from the multi-month descending triangle and revealed that the target is $3.80. This brings XRP to its ATH, which could pave the way for new highs.  XRP boasts a bullish outlook, given its breakout from the crucial $2.30 support level that Captain Faibik and Titan of Crypto highlighted. The altcoin is now looking to reclaim the psychological $3 level, which would bring it close to its yearly high of $3.29.  Momentum Is Off The Charts In an X post, crypto analyst CasiTrades declared that XRP’s momentum is off the charts. She noted that Relative Strength Index (RSI) divergences are being “obliterated” as bulls remain in full control. Based on this, the analyst predicts that the altcoin is likely entering the most powerful part of the wave, completing Wave 3 of 3.   Related Reading: Pundit Reveals The Two Things That Will Drive XRP Price To All-Time Highs Further commenting on the XRP price action, CasiTrades noted that the altcoin has already backtested the $2.70 level. With this, it is now targeting a rally to $3.04, which is the next major Fibonacci resistance level. Her accompanying chart showed that a clean break above this Fib level could send XRP to $3.4, which is the next major resistance after $3.04. A rally to this level would put its ATH well in sight.  At the time of writing, the XRP price is trading at around $2.93, up over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

#markets #news #xrp

XRP is showing strong bullish momentum, trading over 5% higher at $3.

#ethereum #bitcoin #trading #etf #investments #xrp #etfs #tokens

Investor demand for digital asset investment products surged last week, with total inflows reaching $3.7 billion, the second-largest weekly inflow on record and the highest in 2025. The CoinShares weekly report showed that this was evidenced by the inflows on July 10, when the market recorded its third-largest single-day inflow of more than $1.1 billion. […]
The post Bitcoin ETF demand drives $3.7B inflow as crypto AUM breaks $200B for first time appeared first on CryptoSlate.

#markets #news #eth #btc #xrp #sol #market analysis

BTC's dealer gamma profile suggests potential consolidation.

#markets #news #bitcoin #dogecoin #ether #xrp #market analysis

“We could see Bitcoin test $130K–$150K by year-end if macro winds cooperate,” one trading desk said.

#markets #news #xrp #ai market insights

Breakout above $2.84 backed by real flows; analysts target $3.40 amid triangle breakout.

#ethereum #markets #bitcoin #solana #xrp #bitcoin etf #funds #ethereum etf #bitcoin futures etf #xrp etf #solana etf #equities #token projects #companies #finance firms #investment firms #analyst reports

Global crypto investment products added another $3.7 billion to a net inflow streak that has now reached 13 consecutive weeks.

#blockchain #ripple #xrp #altcoin #altcoins #crypto market #xrp price #cryptocurrency

Ripple Labs, a crypto payments company, continues to set its ambitions and those of XRP higher than ever as it edges closer to disrupting the global financial messaging giant SWIFT. After Ripple CEO Brad Garlinghouse previously projected that XRP could capture 14% of SWIFT’s volume, new estimates now point to even bolder targets.  How Ripple Securing 20% Of SWIFT Could Impact XRP A new report by Paul Barron, a technologist and crypto analyst, has revealed an updated forecast for Ripple. The report highlights XRP’s growing potential to take on SWIFT in cross-border transactions. Ripple’s ambitions in the global financial infrastructure are becoming more tangible, as new projections suggest that XRP could eventually process up to 20% of SWIFT’s transactional volume.  Related Reading: Analyst Sounds The Alarm: Shiba Inu Primed For Over 1,500% Breakout Notably, these fresh estimates come just a month after Garlinghouse and the Ripple company predicted a 14% share in SWIFT’s volume within five years. Now, with increasing institutional traction, growing market momentum, and rapid adoption, expectations are rising sharply. SWIFT, the global messaging network used by international banks and financial institutions to securely transmit information and cross-border payment instructions, currently handles $150 trillion in annual transaction volume. Based on this large figure, Barron disclosed that Ripple’s previously predicted 14% transactional volume projection would mean $21 trillion flowing annually through the XRP Ledger (XRPL). While 14% of SWIFT’s volume already represents a significant amount, Ripple now believes that XRP could handle an even greater share of the global cross-border payments market. Based on the same calculations used by Barron, if Ripple were to achieve 20% of SWIFT’s volume, it would translate to approximately $30 trillion in annual value flowing through the XRP Ledger.  This projection underscores Ripple’s growing confidence in XRP as a viable alternative to the decades-old SWIFT network. The company has consistently indicated its goals to replace SWIFT, with XRP becoming a central player in transforming the global payments structure. XRP Scaling Potential And Market Implications  The vision of XRP processing a significant amount of SWIFT’s volume annually raises major implications for its scalability, long-term utility and valuation. At such a scale, XRP would not merely be a bridge currency for remittance but a pillar in the future of traditional finance and digital currency markets.  Related Reading: Don’t Hold Back—Expert Recommends Full Stake In XRP Ripple’s strategy hinges on overtaking SWIFT’s legacy system, which has long been criticized for its slow settlement times and high costs. The XRPL, with its near-instant settlement and low transaction fees, presents a modern alternative capable of streamlining transactions at scale. This expanding use case could elevate XRP, possibly even driving its current price of $2.78 higher to uncharted levels. If Ripple can execute its projections and secure 20% of SWIFT’s volume, it would mark a turning point not just for the company but for the broader crypto industry.  Featured image from Unsplash, chart from TradingView

#bitcoin #crypto #ripple #xrp #altcoin #altcoins #digital currency #altseason

XRP is back in the spotlight after a sudden pop in price. At press time, the token traded at $2.80, up 1.5% in the past 24 hours. Earlier today, it even hit $2.90 before easing back. Traders haven’t seen XRP at these levels since the first week of March, and chatter is growing across trading desks and social channels. Related Reading: Analyst Sounds The Alarm: Shiba Inu Primed For Over 1,500% Breakout Market Data: Last Week’s Rally Tops 25% XRP’s weekly gains now stand around 23%, giving long‑time holders a welcome lift. Bitcoin’s break above $118,800—and its steady hold near $118,000—has opened space for altcoins to shine. Still, only 28 out of the top 100 non‑stablecoin tokens have outpaced Bitcoin over the past 90 days, keeping the Altcoin Season Index at just 28/100. That tells us this isn’t a full‑blown altcoin boom yet, but XRP has broken out anyway. Don’t be surprised if you wake up randomly this week and $XRP is $4+ — EDO FARINA ???? XRP (@edward_farina) July 12, 2025 XRP Finds Path To $4 Based on reports, crypto educator Edoardo Farina tweeted that seeing XRP north of $4 “as early as this week” wouldn’t be a shock. Pushing past $4 would mean a 50% jump from current levels and clear the old all‑time high of $3.85 set in January 2018. Such a move could come in a fast burst rather than a slow grind, driven by sudden FOMO among buyers chasing new peaks. Ripple Partnerships And ETF Push Ripple has been busy on the partnership front. In early July, the company teamed up with BNY Mellon to custody its RLUSD stablecoin, the 8th‑largest stablecoin by market cap, aiming to draw in big institutions. Meanwhile, futures‑based XRP ETFs from ProShares and others launched in July, and more than 10 spot‑XRP ETF applications are now under SEC review. Any green light on a spot ETF could send demand—and price—higher. XRP Price Prediction According to the latest price prediction, XRP is expected to slip by 0.62% and reach $2.75 by August 12, 2025. Technical indicators still lean bullish, and the Fear & Greed Index sits at 74 (Greed). Over the last 30 days, XRP posted 18/30 green days with 6.88% price swings, data from CoinCodex shows. Related Reading: Tether Changes Strategy In 2025—5 Blockchains To Be Phased Out Regulatory Risks And Next Steps Even with positive signs, XRP faces hurdles. The SEC hasn’t approved any altcoin ETFs yet, and updates in Ripple’s ongoing lawsuit could trigger fresh volatility. Traders should watch headline risks closely. For now, gains have been impressive, and the coin’s four‑month high hints at more action ahead. Featured image from Meta, chart from TradingView

#markets #news #bitcoin #ether #xrp #trump

Major coins traded tentatively as Trump escalated trade tensions.

#bitcoin #crypto #xrp #meme coins #altcoin #altcoins #digital currency

A top crypto analyst is making waves with a strong call: Going all-in on XRP should be a priority. That’s the message from Oscar Ramos, a widely followed figure in the crypto world, as the market turns green again. Related Reading: Solana Breaks Out Of Symmetrical Triangle—Next Stop $164? Bitcoin just hit a new all-time high of $118,250 Friday, helping to fuel momentum across altcoins. XRP has been one of the top gainers during this run, jumping above $2.65 and showing signs of strength. At press time, it’s trading around $2.69—up over 10% in just a day. Ripple’s Stablecoin, BNY Mellon Partnership Spark Optimism The rising interest in XRP isn’t only about price moves. Ripple, the company tied closely to the altcoin, is rolling out developments that many say are pushing it into the spotlight again. Going ALL IN on $XRP should be a priority — Oscar Ramos (@realOscarRamos1) July 9, 2025 XRP Futures ETFs On The Way The excitement around XRP is also getting a push from ETF news. Several futures-based XRP exchange-traded funds are lined up to launch this July. ProShares is preparing three futures ETFs with a planned rollout on July 14. ???? XRP’s market value has hit a 7-week high, crossing above $2.39 for the first time since May 23rd. What to watch for are the rising number & collective balances of whales holding at least 1M $XRP. There are currently 2,742 wallets holding at least 1M XRP, one off from… pic.twitter.com/UPPlSWq7TD — Santiment (@santimentfeed) July 9, 2025 Two other firms are also stepping in. Turtle Capital will debut a 2X Long XRP ETF on July 21, while Volatility Shares has two more ETFs planned for the same date. Although the SEC hasn’t approved a spot XRP ETF yet, more than 10 applications are still under review. Related Reading: XRP Price Builds Momentum — $2.50 Break Sparks Fresh Bullish Wave Whale Wallets Near All-Time High Another clear signal of growing confidence is coming from large XRP holders. Based on the latest data from Santiment, wallets holding at least 1 million XRP are now at 2,742—just one below the record of 2,743. Price Holds Steady As Bullish Sentiment Grows XRP is holding above $2.68 for the first time since May. Over the past 30 days, it had 16 green days out of 30, with price volatility sitting at 3.85%. According to the current forecast, the price could see a minor dip of 0.60% to around $2.57 by August 10. Featured image from Unsplash, chart from TradingView

#xrp #altcoin #xrp price #xrp news #xrpusd #xrpusdt #javon marks #falling wedge pattern #jd

The XRP price could be preparing for a historic breakout, as a prominent crypto pundit has pinpointed two key catalysts that could send the altcoin soaring to new all-time highs. As analyst sentiment flips bullish, and XRP attempts to move out from its prolonged consolidation phase, the stage may be set for the cryptocurrency’s long-awaited price explosion. Factors Set To Send XRP Price To A New ATH JD, a well-known crypto analyst on X (formerly Twitter), has identified two critical technical conditions that could propel the XRP price to a fresh ATH target. According to the expert, XRP’s path to a historic price surge depends on breaking out of a long-standing Falling Wedge pattern and invalidating the EDO Farina indicator.  Related Reading: Analyst Predicts 50% “Moonshot” For XRP Price If This Line Breaks The Falling Wedge pattern has held XRP in a tight consolidation phase for an extended period, particularly evident on the weekly chart. JD considers this formation historically bullish when broken to the upside, and XRP is apparently nearing a pivotal point where a breakout could be imminent. Notably, a successful breach of this Falling Wedge pattern would signal renewed bullish momentum and potentially spark a rally toward uncharted price territory. The second factor emphasized by the crypto analyst is the need to render the EDO Farina bearish indicator null and void. JD views this technical signal as a false indicator of sustained downward movement. The market expert maintains a strong and long-standing bullish position on XRP, predicting on multiple occasions that the cryptocurrency could soon skyrocket.  In one of his latest price analyses, JD outlined his bullish forecast for XRP, citing his previously accurate call of a 12x rally to $3.37. Confident in his method, the analyst now aims to apply the same strategy to pinpoint the altcoin’s next market top.  JD also noted that no major news, hype, or sudden excitement is necessary to drive XRP to a new all-time high. In his view, such events often trap inexperienced traders, causing them to buy high and get “Rekt.” Building on this optimistic outlook, the analyst projects that the altcoin will eventually climb to new levels before crashing by up to 90%.  Analyst Forecasts Over 250% Surge For XRP In a bold new analysis, Javon Marks, another prominent crypto analyst, shared a bullish outlook for XRP, predicting a potential price surge of over 251% from its current level. According to the market expert, historical price behavior and long-term chart patterns indicate that XRP may be on the cusp of entering its next significant upward leg, with targets set at $9.631.  Related Reading: XRP Price About To Explode: XRPBTC Could Repeat 2017 Fractal Notably, XRP’s bullish target is not confined to this level. Marks believes that it could climb even higher, with his price chart featuring an arrow that points to a potential surge beyond $33 in the next few years. Featured image from Getty Images, chart from Tradingview.com

#markets #news #bitcoin #solana #ether #xrp #market analysis

Bitcoin's bullish momentum may face potential resistance at the $120,000 level.

#markets #news #solana #ether #xrp #market analysis

“The BTC breakout marks a regime shift, and we expect altcoin dispersion to rise from here,” one trader said, with several trading desks expecting higher moves in major tokens.

#markets #news #trading #xrp #ai market insights

Volume surges 168% above daily average as institutional demand and RLUSD momentum fuel bullish breakout.

#ripple #xrp #xrpusd #xrpusdt #xrpbtc

XRP price started a fresh increase above the $2.50 zone. The price is now showing positive signs and might climb above the $2.62 resistance. XRP price started a fresh increase above the $2.50 zone. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.50 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $2.50 zone. XRP Price Rallies Over 5% XRP price started a fresh increase after it settled above the $2.40 level, like Bitcoin and Ethereum. The price was able to climb above the $2.450 resistance level. The recent move was positive and the bulls pushed the price above the $2.50 level. A high was formed at $2.5870 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2.250 swing low to the $2.5870 high. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2.50 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.5880 level. The first major resistance is near the $2.60 level. A clear move above the $2.60 resistance might send the price toward the $2.620 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.6850 in the near term. The next major hurdle for the bulls might be near the $2.750 zone. Another Decline? If XRP fails to clear the $2.620 resistance zone, it could start another decline. Initial support on the downside is near the $2.50 level and the trend line zone. The next major support is near the $2.450 level. If there is a downside break and a close below the $2.450 level, the price might continue to decline toward the $2.420 support or the 50% Fib retracement level of the upward move from the $2.250 swing low to the $2.5870 high. The next major support sits near the $2.40 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.50 and $2.450. Major Resistance Levels – $2.60 and $2.620.

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

In a new video released June 9, crypto analyst CryptoInsightUK issued a extremely bullish XRP update, citing a convergence of technical signals that he believes could set the stage for a powerful upward move. Drawing parallels to previous market cycles, the analyst points to the reappearance of a signal that once preceded a 464% rally in XRP, and says this may mark the beginning of a similar explosive breakout. XRP Breakout Confirmed? Yesterday, XRP recorded its highest 4-hour close since May 23, breaking out of a prolonged range. The token has entered what he called a “dense area of liquidity,” an important technical zone that has historically preceded impulsive price action. In a notable divergence from typical market dynamics, XRP is leading Bitcoin, rather than following it. “XRP is currently leading Bitcoin on this move,” he said. “Something I’ve been calling for a while is for XRP to lead alts and lead a potential alt season.” CryptoInsightUK sees further confirmation in Bitcoin’s setup. BTC is still consolidating but pushing above the $111,000 liquidity zone. A move into that zone, he said, would “give us confluence that the price action XRP’s displaying is not a fakeout.” Related Reading: Pundit Says XRP’s Rise To $1,000 Will Happen A Lot Sooner Than Anticipated Structurally, XRP’s trend remains intact. Despite recent pullbacks, the token has maintained its higher-low formation, a signal of technical strength. More importantly, XRP/BTC is beginning to show momentum reversal. “We’ve just had the highest 4-hour close since the 24th of May. This is showing the momentum to the downside is waning.” He highlights a specific line on the XRP/BTC chart referenced by fellow analyst Credible Crypto as the “Gandalf line”—a level that has acted as a pivot point for years. XRP has now closed above it on the 4-hour chart. “We’ve wicked into it, bounced off it. We lose it, we get pushed down hard. We break it, we normally really go for it.” Zooming out, he points to the weekly RSI (Relative Strength Index) on XRP’s price chart. If the current weekly candle closes above the RSI’s simple moving average, it would be the first time since XRP’s breakout off the lows—an event that previously triggered a 464% move to $2.70. “If we get the bullish cross close… 464% from this [level] would take us to $13.05,” he explained. “I think we’re going to about $12 on this push.” Related Reading: Analyst Predicts 50% “Moonshot” For XRP Price If This Line Breaks Moreover, the analyst anticipates a 325% move in XRP/BTC based on historical ratios and a potential surge in XRP dominance toward 14%, with an even more aggressive Elliott Wave count pointing to a possible move to 20% dominance. “We’ve completed a Wyckoff accumulation. We’re in the sign of strength phase. Last point support… we’re going into phase E,” he said, referencing classical technical accumulation structures. Still, despite the bullish setup, the analyst made clear he plans to de-risk between $8 and $13, emphasizing capital preservation after a potential 20x move from 50 cents. “The risk-to-reward on the downside is just too large at that point,” he noted. “Even if it goes significantly higher… anyone who’s done a 20x on something should be taking some money off the table.” He concluded the analysis with cautious optimism: “Don’t start counting your Lambos yet, but also probably start scrolling the magazine.” For now, all eyes are on XRP’s price action and Bitcoin’s staying power above $111,000. If both confirm, as he put it: “It’s game on.” At press time, XRP traded at $2.44. Featured image created with DALL.E, chart from TradingView.com

#xrp #altcoin #xrp price #xrp news #xrpusd #xrpusdt #hodl #dark defender #barric #casitrades #jaydee

Crypto analyst Jaydee has called out market participants who predict that the XRP price could rally to as high as $1,000. The analyst suggested that the altcoin can’t reach such heights and revealed what price levels he will be taking profits at.  Analyst Indicates XRP Price Cannot Reach $1,000 In an X post, Jaydee stated that while the “moonboys and influencers: are waiting for the XRP price to reach $1,000, he plans to take more profits at his next levels. He declared that he plans to use the same strategy he employed when he called the 12x at $3.37. The analyst admitted that the altcoin is going much higher soon but suggested that those waiting for $1,000 will still get “rekt.” Related Reading: Analyst Predicts XRP Price Will Reach $20-$30 — Elliott Wave Theory Holds The Key Jaydee further remarked that they “dumb money to HODL till $1,000 for us smart money to win big.” His statement comes just a day after crypto pundit BarriC predicted that the XRP price will rally to $1,000 sooner than many expect. He further suggested that the rally will be similar to how XRP recorded an explosive surge in 2017, when it rallied from $0.0006 to $3.80. However, Jaydee doesn’t expect this to happen. Instead, his accompanying chart showed that the XRP price could just rally to a conservative target of around $7 between August and September. This would still mark a new all-time high (ATH) for the altcoin.  The crypto analyst also recently predicted a 50% “moonshot” for the XRP price, which could send it to as high as $3.35 in the short term. A rally to $3.35 will bring the altcoin close to its current ATH of $3.80. It would also mark a new yearly high for the altcoin.  XRP Is Bullish On All Timeframes In an X post, crypto analyst Dark Defender declared that the XRP price is bullish on all timeframes for the first time since January 2025, when it reached its yearly high of $3.3. In another X post, the analyst stated that XRP is way ahead, having recorded a breakout above $2.33. With this breakout, he remarked that the altcoin’s journey to its all-time high has begun.  Related Reading: XRP Price Closes Highest Quarterly Candle In History Dark Defender’s accompanying chart showed that the XRP price could surpass its current ATH of $3.80 and rally to $4.2. This price surge is expected to happen between now and September, providing a bullish outlook for the altcoin. Crypto analyst CasiTrades also highlighted how bullish the break above $2.30 was for XRP. She claimed that the altcoin could reach as high as $3.04 on this leg up.  At the time of writing, the XRP price is trading at around $2.42, up almost 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

#ripple #xrp #brad garlinghouse #xrp price #swift #european central bank #bank of japan #ripple news #xrp news #xrpusd #xrpusdt

Ripple’s ambitions in the global payments space have grown louder and more direct, as its CEO Brad Garlinghouse, openly stated at APEX 2025 that the company is aiming to take over SWIFT’s customer base. The commentary follows Ripple’s long-term strategy to shift global banking infrastructure away from legacy systems to the blockchain-based XRP Ledger. Meanwhile, central banks are increasingly taking note, with recent reports revealing that the capacity of Ripple’s network is currently being studied alongside SWIFT’s systems in experiments. Garlinghouse Sets Sights On SWIFT’s Market Share Speaking at the APEX summit, Ripple CEO Brad Garlinghouse declared that Ripple’s goal is not only to compete with SWIFT but to replace its role in moving money on the global scale. According to Garlinghouse, although SWIFT is very dominant in messaging, the most important thing is the liquidity that banks can provide.  Related Reading: Ripple To Replace SWIFT? XRP Analyst Breaks Down Recent Developments “I think less about the messaging and more about liquidity,” he said. Ripple is targeting this deeper infrastructure among banks, which is the actual movement of value. Interestingly,  Garlinghouse asserted that Ripple plans to capture up to 14% of SWIFT’s current cross-border volume within five years. That’s a bold number, especially considering the scale at which SWIFT currently operates. Recent estimates show that SWIFT currently facilitates more than 45 million financial messages and handles around $5 trillion in money transfers daily. Even a 14% share of that market would represent hundreds of billions of dollars in value flowing through Ripple’s ecosystem, which would create a significant demand for XRP in the process. Central Banks Are Tapping In Garlinghouse’s comments come at a time when institutional momentum appears to be shifting in Ripple’s favor. Interestingly, Ripple’s global push is not limited to private sector partnerships. A crypto enthusiast on the social media platform X known as Finance Bull recently drew attention to growing central bank interest in blockchain-based payment infrastructure. Unsurprisingly, Ripple’s technology is the key focus to this growing interest.  Related Reading: Ripple Plans To Take 14% Of SWIFT Volume, USDC Lands On XRPL – What Does This Mean For XRP Price? Ripple’s xCurrent solution, which is built on the Interledger Protocol (ILP), was recently studied alongside SWIFT’s gpi system as part of Project Stella. Project Stella is a collaborative research initiative by the European Central Bank and the Bank of Japan. Basically, what this means is that central banks are starting to look into Ripple’s technology, which says a lot about the ecosystem’s outlook in the coming years. The fact that two of the world’s most influential central banks reviewed Ripple’s infrastructure alongside SWIFT is a signal that XRP’s utility is now being evaluated at the core of global monetary policy discussions. These developments closely align with what many fervent XRP supporters have long believed. There have been recurring predictions among the community’s most confident voices that XRP’s price is destined to move far beyond its current all-time high of $3.40. Some technical analyses have predicted double-digit prices for XRP. Other predictions for the XRP price are as high as $1,000. Featured image from Getty Images, chart from Tradingview.com

#markets #news #options #xrp #derivatives

Market sentiment is bullish, with positive risk reversals indicating a preference for call options.

#markets #news #trading #xrp

This comes as institutional accumulation in XRP hits record highs — with 2,743 wallets now holding over 1 million XRP each, totaling 47.32B coins.

#ripple #xrp #xrp price #ripple news #xrp news #xrpusd #xrpusdt

XRP has been one of the most-watched altcoins recently, with multiple developments emerging for its parent company, Ripple. However, while Ripple has seen a lot of positives, XRP has continued to struggle when it comes to price. Amid the selling, bulls have put up an impressive fight to hold the support above $2.2 for the time being. This has led to the formation of a new inverse head and shoulders pattern that could signal a reversal is coming. Analyst Highlights Bullish Formation For XRP Price Crypto analyst TheSignalyst, in a new analysis, showed that the XRP price has begun another bullish formation. This time around, it is the Inverse Head and Shoulders pattern that often precedes a surge for an asset. Not only has this formation come at a critical junction, it happened while bulls have maintained strong support levels. Related Reading: Altcoins Reclaim Trendline That Led To 2021 Explosion, Will History Repeat Itself? Through the market downtrend, the XRP price has been able to hold above $1.75 and $2, which the analyst points out as a major level. The return to this support level has brought a fresh wave of bullishness, and the XRP price could be ready for another uptrend from here. Presently, all eyes are on this support level, and TheSignalyst revealed that if XRP is able to hold this level, then the rally could be in motion. They point to the green neckline, which is shown in the chart as sitting just above $2.3, and this is the resistance that needs to be broken for the price to rally in the short term. For the long term, the analyst suggests that a clean break above the $2.66 level is needed. This is what would provide confirmation for a bullish continuation. If the setup holds, then the analyst puts the top of formation as high as $3.3 in the long term. Analysts Predict Higher Prices The calls for higher prices for XRP have grown louder, especially as investors have begun to make their bets once again. Analyst Crypto Virtuos pointed out that the XRP trading volume saw a notable uptick of 125% in a 24-hour period as interest ballooned once again. Related Reading: Bitcoin Price Crash To $92,000 Or New ATHs? Analyst Explains The 2 Options Amid this rise in momentum, the crypto analyst, just like TheSignalyst, also explained that $2.3 is the hurdle that is holding the XRP price back now. Therefore, the cryptocurrency does need to overtake this level if it is to see a continuation of the uptrend. At the time of writing, the XRP price is still trending below $2.3, with sellers showing signs of exhaustion. Once the selling stops, then the bulls could trigger another upward wave to retest the resistance at $2.3 once again. Featured image from Dall.E, chart from TradingView.com

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A clean breakout from the range could push the token toward the $4–$6 zone, one watcher said.

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XRP price started a fresh increase above the $2.320 zone. The price is now showing positive signs and might climb above the $2.45 resistance. XRP price started a fresh increase above the $2.350 zone. The price is now trading above $2.320 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.380 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $2.350 zone. XRP Price Rallies Over 5% XRP price started a fresh increase after it settled above the $2.30 level, beating Bitcoin and Ethereum. The price was able to climb above the $2.350 resistance level. The recent move was positive and the bulls pushed the price above the $2.40 level. A high was formed at $2.437 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2.250 swing low to the $2.437 high. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2.380 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.4350 level. The first major resistance is near the $2.450 level. A clear move above the $2.450 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.60 in the near term. The next major hurdle for the bulls might be near the $2.750 zone. Another Decline? If XRP fails to clear the $2.450 resistance zone, it could start another decline. Initial support on the downside is near the $2.380 level and the trend line zone. The next major support is near the $2.350 level or the 50% Fib retracement level of the upward move from the $2.250 swing low to the $2.437 high. If there is a downside break and a close below the $2.350 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.2650 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.380 and $2.350. Major Resistance Levels – $2.4350 and $2.450.

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XRP might be currently trading around $2, but its path to double and four digits may be faster than imagined. Notably, a bold new forecast has shaken up the XRP community, as crypto analyst BarriC declared that the token could explode from $2 to $1,000 much faster than anyone expects. His comments have caused a bit of optimism among investors, many of whom are already eyeing a new all-time high as momentum builds following the cryptocurrency’s recent quarterly close above $2.25. XRP’s Rise To $1,000 Based On History Taking to the social media platform X, prominent analyst BarriC predicted that the XRP price will surge to $1,000 a lot sooner than most people anticipate. Notably, BarriC’s prediction of a surge draws on the cryptocurrency’s historical performance.  Related Reading: Can The XRP Price Rally 1,538x To Reach $3,380? Shocking Prediction Back in 2017, XRP was trading at just $0.006 before launching into a parabolic bull run that took it as high as $3.40 by early 2018. Investors back then underestimated this move, and only a few were able to get in at the earliest. This $3.40 all-time high has been maintained by the altcoin for over seven years, but the situation might change very soon. The altcoin’s current price level, which is just above $2, is a mirror of that early accumulation phase.  According to BarriC, investors today may similarly be underestimating how quickly XRP can move. “People buying XRP at $0.006 in 2017 weren’t expecting it to skyrocket to $3.80,” he wrote on X and suggested that a similar underestimation is happening today.  Community Torn Between Hope And Doubt His claim, “XRP will skyrocket from $2 to $1,000 a lot sooner than people anticipate,” has been met with mixed reactions of both excitement and skepticism on the social media platform. Some community members were quick to support BarriC’s outlook, with one user responding, “XRP $1,400 is very realistic.” The statement was in reference to its 63,000% rise in the 2017-2018 bull run emphasized by BarriC. Another user commented that although XRP will definitely reach that price level, it won’t be very soon, and it will be “maybe sometime in 2030 to 2040.” Related Reading: Pundit Predicts XRP Price Will Surge 35,000% When These Two Things Happen Others, however, urged caution, pointing out that XRP is no longer an underdog. Unlike in 2017, XRP’s growth is now very much anticipated, which may dampen the element of surprise that helped its rally seven years ago. Another factor is the current state of the altcoin, along with the significant inflows that could lead to a rally of 63,000% from its current price level. One of the commenters noted that back in 2018, it was possible to invest as little as $6,000 and own as many as 1 million XRP tokens. Another community member noted that although XRP might not reach such an absurd price target, it is going to break out soon to around $10. At the time of writing, XRP is trading at $2.33, up by 2.6% in the past 24 hours. Reaching the $1,000 price target would translate to a 42,800% return from the current levels. Featured image from Getty Images, chart from Tradingview.com

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Thumzup Media also disclosed that Donald Trump Jr. owns 350,000 shares, worth about $4 million at current prices.

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Crypto analyst Jaydee has predicted a 50% rally for the XRP price. He highlighted a resistance level, which the altcoin needs to break above on its BTC pair to record this massive uptrend.  XRP Price Eyes 50% Rally With Break Above $2.20 In an X post, Jaydee predicted that the XRP price will record a 50% “moonshot” rally once it breaks above the $0.00002 resistance level on its Bitcoin pair. XRP has since broken above this resistance level, suggesting that this moonshot rally may be imminent, with the altcoin surging to as high as $3.35.  Related Reading: Analyst Reveals Rational Behind XRP Price Reaching $9.5 And $37.5 A rally to $3.35 will bring the XRP price close to its current all-time high (ATH) of $3.84 and also mark a new yearly high for the altcoin. In a subsequent analysis, Jaydee confirmed that XRP could rally to new ATHs with a successful break above this resistance level. On the other hand, he warned that the altcoin could crash to as low as $1.60 if it fails to hold this level on at least the 3-day timeframe.  Crypto analyst Guy also recently predicted that the XRP price could rally to a new ATH of $5.30. The analyst indicated that the $2.33 level is the key to kickstarting this uptrend for the altcoin. Once XRP breaks above, he predicts that it will rally to $2.55. A break above this $2.55 level would then pave the way for another rally to the current ATH and the Fibonacci extension at $5.30.  Possible Scenarios Following Break Above $2.30 In an X post, crypto analyst CasiTrades outlined three potential scenarios that could unfold following the XRP price break above $2.30. The first scenario is the cleanest move, in which she predicts that XRP could run towards $2.45, then flips $2.30 into support on a backtest. CasiTrades remarked that this gives the altcoin a solid base for a move to $2.69 and beyond.  Related Reading: Will XRP Dethrone Ethereum To Lead This Altcoin Season? For the second scenario, the crypto analyst described this as a more aggressive move. In this case, she predicts that the XRP price could record a sharp breakout through $2.30 and head straight to $2.69. From there, she added that the altcoin could pull back to $2.45 as the mid-way support zone before continuing its uptrend.  The third scenario is the most bullish for the XRP price. CasiTrades predicts that the altcoin could break through $2.69, confirm this price level as support, and then clear the way towards $3 and above. This would then put the current ATH in sight for the altcoin.  At the time of writing, the XRP price is trading at around $2.32, up over 2% in the last 24 hours, according to data from CoinMarketCap.  Featured image from Getty Images, chart from Tradingview.com

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XRP hits its highest since May 23 as the key momentum indicator flashes green signal.

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Trump Media & Technology Group (TMTG) quietly lodged an S-1 with the US Securities and Exchange Commission late on July 8, seeking approval for the “Truth Social Crypto Blue Chip ETF.” Despite a swirl of social-media posts placing the paperwork in early June, the SEC’s time-stamp confirms the filing date as July 8. The prospectus sketches a five-coin portfolio weighted approximately 70 percent to bitcoin, 15 percent to ether, 8 percent to solana, 5 percent to Cronos and 2 percent to XRP, making it the first Trump-branded product to diversify beyond the two largest digital assets. The trust, structured as a Nevada business trust and sponsored by boutique issuer Yorkville America Digital, aims to list its shares on NYSE Arca. Foris DAX Trust — the US institutional arm of Crypto.com — is named digital-asset custodian, while authorized participants will create and redeem blocks of 10,000 shares in kind or for cash, subject to NYSE rule changes. The prospectus also discloses that staking rewards on ether, solana and cronos may be passed through to the fund, a design choice that would set a precedent among US spot-crypto ETFs. Related Reading: Pundit Explains Why XRP Stands To Gain Big From Ripple’s RLUSD Analyst Eric Balchunas of Bloomberg distilled the filing in two succinct posts on X: “New filing for the Truth Social Crypto Blue Chip ETF, which will be a spot crypto basket holding Bitcoin, Ether, Solana, XRP and Cronos,” he wrote; in a follow-up, he reproduced the pivotal language: “the Trust’s allocation… is initially expected to approximate 70% bitcoin, 15% ether, 8% SOL, 5% CRO and 2% XRP.” Those percentages now serve as the market’s working model for how the Trump universe ranks crypto’s ‘blue chips.’ Why Solana, Cronos And XRP? Overall, the allocation may serve as an implicit ranking of the top five crypto assets as viewed through the lens of Trump’s inner circle. Binance top trader by PnL Nachi (@alphawifhat) commented via X: “I think it’s useful to look at the allocation ratio of the Truth Social Crypto ETF […] I see this as an indication of how Trump’s crypto team looks at the top crypto assets and what are the top 5 they want to value the most. This could be a catalyst to pump CRO as it’s a dark horse.” Solana’s climb to an 8 percent weight is more than a momentum trade. CME Group this spring announced cash-settled Solana futures pending CFTC sign-off, extending the same institutional rails that helped bitcoin and ether graduate into ETF form. Notably, the SEC has set a July deadline for spot Solana ETF refilings, indicating a potential approval before the October 2 deadline. Related Reading: XRP Set To Shock The Crypto Market With 30% Share, Analyst Predicts Cronos leaps over better-capitalized tokens because Crypto.com is literally powering Trump’s ETFs. “We are proud to partner with Trump Media and Yorkville… including the first-of-its-kind basket of tokens featuring CRO,” Crypto.com co-founder Kris Marszalek said in March when the multi-year, roughly $2.7 billion partnership was unveiled. Under the agreement, Crypto.com supplies custody, liquidity and back-end order routing for all Truth-branded funds. XRP brings up the rear at two percent, reflecting both its renewed legitimacy and its still-nascent institutional plumbing. On June 27, Ripple Labs announced that it will withdraw its cross appeal against the SEC. The token’s modest two-percent slice is politicized as much as it is financial. In early March a staffer from Ballard Partners—the K-Street shop that counts Ripple as a client—slipped Donald Trump draft language for a Truth Social post urging that XRP, Solana and Cardano be placed in a national “Crypto Strategic Reserve.” Trump hit “post” and only later discovered the Ripple connection; insiders told Politico he “was furious and felt like he’d been used.” Despite that, the inclusion of XRP still shows Trump’s ties with Ripple. At press time, XRP traded at $2.33. Featured image created with DALL.E, chart from TradingView.com