XRP News Today: Ripple Price Primed for Double Bottom Breakout as U.S. Crypto Policy Report Looms

XRP bulls are licking their lips as Ripple's price teeters on the edge of a double bottom breakout—just as Washington prepares to drop its long-awaited crypto policy bombshell.

The Technical Setup

That textbook double bottom pattern on the daily chart? Either the springboard for a 30% rally or another cruel fakeout in the making. Traders are betting heavy on the former, with XRP open interest spiking 18% this week.

The Regulatory Wildcard

All eyes on D.C. as the Treasury Department finalizes its crypto framework report. Market makers are already positioning for either a 'Christmas in July' scenario or another regulatory gut punch—because nothing says 'financial innovation' like 300 pages of compliance jargon.

The Bottom Line

XRP's fate now hangs between chart mechanics and bureaucratic whim. One thing's certain: when these two forces collide, the resulting volatility could make or break portfolios faster than a meme coin rug pull.

This week could mark a pivotal turning point for Ripple and the broader XRP ecosystem. As price action holds above $3.00, investors are closely watching regulatory signals that may determine whether XRP enters a fresh bull cycle—or continues consolidating under pressure.

XRP Defends Key Support at $3.00 Amid Market Caution

The xrp price today remains above the critical $3.00 support level, even as trading volumes and futures open interest continue to slide. At the time of writing, XRP is hovering around $3.10 after a brief retest of the $3.05 support zone, a move that technical analysts suggest a bullish double-bottom pattern.

XRP’s double bottom breakout remains in play as the price rebounds from the $3.05 support level. Source: @Khalifa_Charts via X

XRP’s rebound from the $3.10 level and continued consolidation above $3.15 indicate a valid retest of the breakout, with potential for an upswing toward the $3.40 range if momentum holds.

However, futures data suggests a waning appetite for Leveraged exposure. Open interest in XRP futures has dropped sharply from $10.94 billion on July 22 to $8.57 billion, while trading volume plummeted from a peak of $41.23 billion to just $10.6 billion. This decline reflects a cooling in investor conviction, potentially stalling short-term gains.

SEC Appeal Vote Could Set Ripple’s Legal Future

One of the most anticipated events this week is the U.S. Securities and Exchange Commission’s (SEC) closed-door meeting scheduled for July 31. The Commission may vote on whether to withdraw its appeal in the long-running Ripple vs. SEC case, which has significantly shaped the legal narrative around XRP.

The July 31 SEC meeting is pivotal, as dropping the appeal WOULD finalize XRP’s regulatory status in the U.S., paving the way for institutional custody, Ripple’s banking charter, and faster ETF approvals. Source: @mdtrade via X

Ripple Labs recently demonstrated its intent to conclude the litigation by paying a $125 million fine and dropping its cross-appeal. Still, the final decision hinges on the SEC’s internal vote.

Legal expert Marc Fagel clarified that there is no hidden agenda. “There’s only one formal commission vote required,” he said, dismissing speculation about secret meetings.

If the SEC opts to drop the appeal, the ruling by Judge Analisa Torres—that XRP is not a security when traded on public exchanges—would become binding precedent. That outcome would eliminate a major regulatory overhang, potentially opening the door for institutional interest, XRP ETF news, and broader U.S. market adoption.

U.S. Crypto Policy Report Could Reshape Regulatory Landscape

Alongside legal developments, the White House is expected to release its first comprehensive crypto policy report this week. Spearheaded by President Trump’s task force and led by Bo Hines, the report will provide guidance on stablecoins, tokenized assets, and broader crypto market regulation.

XRP whales have moved over $540 million in strategic transfers and exchange buys, signaling major accumulation ahead of the upcoming U.S. crypto policy rollout. Source: @XRPnoisefree via X

The task force includes high-profile names such as Treasury Secretary Scott Bessent and SEC Chair Paul Atkins. It aims to deliver on Trump’s campaign promise to make the U.S. a global crypto hub.

According to Jito Labs’ legal officer, Rebecca Rettig, “The recommendations in this report could offer a long-needed roadmap for integrating crypto as a core part of the U.S. economy.”

With legislative momentum already building—through measures like the GENIUS Act and CLARITY Act—the report is expected to address the role of agencies like the SEC in overseeing tokenized financial products.

Technical Analysis: Will XRP Breakout or Break Down?

From a technical standpoint, XRP today is in consolidation mode between support at $2.95–$3.00 and resistance at $3.32. The Relative Strength Index (RSI) has cooled to 59, signaling the market is no longer in overbought territory. This sets the stage for a potential upside move, especially if external catalysts like the SEC vote or policy report align favorably.

XRP has stabilized above the ascending trendline at $3.142 after dipping from $3.666, with a bullish outlook intact while holding support at $2.960. Source: FenzoFxBroker on TradingView

Still, traders are advised to tread carefully. A sell signal from the MACD indicator emerged last Friday, suggesting potential downward pressure if bulls fail to maintain momentum. Should XRP break below $2.95, attention may shift to lower support zones NEAR the 50-day EMA at $2.76 and the 100-day EMA at $2.54.

XRP Price Prediction: Legal Clarity and Policy Direction Could Drive Next Surge

If the SEC officially withdraws its appeal and the WHITE House report provides positive regulatory guidance, XRP predictions point to a potential breakout beyond the current resistance zone. Analysts believe a rally toward the previous high of $3.66—and possibly higher—is within reach if these developments inject renewed investor confidence.

XRP was trading at around $3.10, down 0.55% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

In a scenario where both regulatory clarity and legal closure are achieved, XRP price prediction 2025 models could see substantial revisions to the upside. Conversely, if the SEC delays its decision or the policy report falls short of expectations, XRP may remain trapped in its current range.

Looking Ahead: A Crucial Week for Ripple and XRP

This week marks a turning point for Ripple XRP, with its legal battle nearing resolution and new government policy potentially redefining its path forward in the U.S. market. Whether XRP breaks out from its current consolidation or faces another rejection depends heavily on the regulatory headlines unfolding in the days ahead.

Investors, traders, and institutions are watching closely—not just for the next price move, but for signals about XRP’s long-term viability in the evolving digital asset landscape.