XRP/USD Primed for Shallow Pullback After Shattering All-Time High—Here’s Why

XRP bulls barely flinch as the token retreats from record highs—classic 'buy the dip' psychology in play.

Market Mechanics: Thin Order Books Amplify Moves

With liquidity still trailing price action, shallow retracements look inevitable. Whales aren't dumping—just letting leverage traders sweat it out before the next leg up.

Regulatory Tailwinds: The Silent Catalyst

While SEC headlines dominate crypto newsfeeds, XRP's legal clarity keeps institutional money quietly accumulating. Funny how 'unregulated' assets suddenly get respectable after winning in court.

Technical Outlook: The Floor Is Higher Than You Think

Key support levels have ratcheted up with each breakout. This isn't 2017's mindless euphoria—it's a market pricing in real utility (and maybe some FOMO for good measure).

Closing Thought: Watch the funding rates. When perpetual swaps flip negative, that's your signal the 'smart money' is reloading—usually right before Wall Street 'discovers' the trend and issues a 200-page PDF explaining why they're late to the party.

XRP/USD

XRP remains the top performer among crypto assets and extended steep ascend to new record high ($3.66) following nearly 10% advance on Friday.

The sentiment has improved strongly after the US House of Representative has eventually passed three pieces of crypto legislation, which was the main driver of the crypto’s this week.

The XRP reached two milestones this week, the first was break of psychological $3.00 barrier and the second was rise above former top ($3.4020).

It is also on track for the fourth consecutive weekly gain (up over 20% this week) as bull-leg from $1.9411 (June 22 low) strongly accelerated in past two weeks.

The xrp price is currently running on extended third wave (of five-wave cycle from 1.6088, Apr 6 low, which hit over 161.8% of Fibo expansion today.

However, overbought daily studies and profit-taking at the end of the week and after strong rally, may temporarily deflate the price, with daily candle with long upper shadow contributing to the scenario.

Broken former top ($3.4020) reverted to solid support which should ideally contain dips and guard next supports at $3.3577 (today’s low) and $3.2506 (Fibo 23.6% of $1.9080/$3.6653 rally).

Only returning below $3.00 zone (psychological / Fibo 38.2%) WOULD neutralize bulls.

3.5000; 3.5465; 3.6428; 3.6653.
 3.4020; 3.3577; 3.3000; 3.2506.