XRP & Bitcoin Futures Explode in July Rally—Will the Bulls Take a Breather?

Crypto markets just got a double-shot of adrenaline—XRP and Bitcoin futures are mooning, painting July green. But seasoned traders know: every rocket needs refueling.

XRP's Legal Clarity Payoff

Ripple's courtroom wins finally translate to price action. The SEC lawsuit fog lifts, and suddenly institutions are playing ball—just as the OCC warms up to crypto custody.

Bitcoin Futures: The Leverage Trap

CME open interest hits $4B as macro hedgers pile in. Problem? Retail's chasing with 100x leverage—a classic 'bull trap' setup when funding rates turn juicy.

Pullback Playbook

Watch the 20-week MA ($28K for BTC). Break that, and the 'buy the dip' crowd gets margin-called. Meanwhile, XRP's RSI screams overbought at 78—healthy consolidation would actually help.

Wall Street's timing is suspicious as ever. Just as Main Street FOMO returns, Goldman quietly rolls out its 'digital asset depreciation' tax loophole. How convenient.

Introduction

July has started with explosive momentum in the crypto complex, led by XRP and bitcoin futures. XRPPN2025 ripped through the 2-31 supply zone following a tight consolidation, rallying over 30% in just four trading days. BTCN2025 followed suit, blasting past its 108,535–109,995 supply zone to reach 123,615, marking a 14% gain over the same period. Such vertical moves often precede short‑term pullbacks before the next leg higher. Below, we outline the critical zones to watch for both instruments as bulls seek to extend the rally, while also identifying key support levels that, if lost, could invite deeper retracements.

XRP futures (XRPPN2025) price action

• Breakout: Cleared the 2-31 supply zone decisively on July 11, confirming buyers’ strength.
• Gain: +30% from 2-31 to recent highs near 3-00.
• Volatility: Bollinger Bands expansion signals elevated volatility; a pullback toward the mid‑band is common after sharp moves.

XRP 4-hr price chart as of July 15 2025

Key levels to watch

2-97–3-00. A clean break and hold above here targets 3-08–3-13 → 3-20–3-24.

2-79–2-74. If 2-97–3-00 fails, look for buyers at this demand zone.

2-62–2-58. Confluence of VWAP/mid-BB and prior volume node; last line before neutral territory.

Bitcoin futures (BTCN2025) price action

• Breakout: Overran the 108,535–109,995 supply zone between July 9–10, accelerating toward 123,615.
• Gain: +14% in four sessions, with strong volume confirming the move.
• Trend context: The steep ascent has stretched RSI into overbought territory on the 4‑hour chart, often preceding consolidation.

Bitcoin July Futures as of July 15 2025

Key levels to watch

121,040–122,895. Bulls must reclaim and stay above here to target 125,260 → 126,565 → 127,865.

119,740–118,435. Failure to hold 121,040–122,895 may see a retest of this zone.

116,820. The next buffer, aligning with the 20‑period EMA on the 4‑hour and prior structure.

What’s next?

• Bullish thesis: A sustained breakout above the highlighted supply zones will pave the way for fresh multi‑month highs.
• Bearish risk: Failure to defend the breakout zones could trigger a swift retracement into the demand areas, where buyers will need to step in to keep the uptrend intact.

This analysis is for informational purposes only and does not constitute financial advice. Trading cryptocurrencies carries significant risk, and you should conduct your research or consult a licensed professional before making any trading decisions.