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XRP Bulls Target $2.35 Breakout Amid Surging Trader Optimism

XRP Bulls Target $2.35 Breakout Amid Surging Trader Optimism

Author:
XRP News
Published:
2025-07-01 01:49:11
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

Ripple's XRP is at a pivotal moment as bullish traders eye a breakout above the $2.35 resistance level. Recent data highlights a surge in social chatter and a majority of traders maintaining long positions, signaling strong confidence in XRP's upward potential. However, the price remains constrained NEAR $2.10, with the $2.35 ceiling proving to be a formidable barrier. This article delves into the key factors driving XRP's current market dynamics and what traders can expect next.

XRP Bulls Eye Breakout as $2.35 Resistance Tightens Grip

Ripple’s XRP faces a critical juncture as bullish sentiment clashes with stubborn resistance at $2.35. Social dominance metrics from Santiment reveal a 2.92% surge in chatter, while Binance data shows 76.34% of traders maintaining long positions—a clear bet on upward momentum.

Despite the optimism, price action remains constrained. XRP continues to hover near $2.10, unable to breach the $2.35 ceiling that has repelled multiple rallies. The divergence between market sentiment and technical reality underscores the asset’s precarious position.

Technical charts paint a bearish near-term picture, with XRP trading within a descending structure. The coming days will test whether social volume and trader positioning can translate into a decisive breakout—or if the resistance level will trigger another rejection.

XRP Price Prediction: Traders Brace for Volatility as Technicals Signal Pivotal Moment

XRP hovers at $2.08, down 1.7% daily, as market participants await a decisive breakout. The Ripple-linked asset has shed 1.3% this week, struggling to regain momentum after May's $2.58 peak. Trading volumes remain subdued at $1.83 billion, reflecting cautious sentiment.

Chart patterns reveal brewing tension. The token faces stiff resistance between $2.14-$2.15, with failed breakout attempts exposing weak bullish conviction. A sequence of lower highs since the $2.34 rejection paints a concerning short-term picture. The $2.18 level now serves as a litmus test—a clear breach could determine XRP's next major move.

Market structure tilts neutral-to-bearish. Thin order books and fading candle strength suggest traders are hedging bets. 'This consolidation won't last forever,' notes a Brave New Coin analyst tracking the XRP Liquid Index. 'When volatility comes, it will be violent.'

XRP Price Crash Was Predicted! Analyst Now Says $3 Target Is Next

XRP plunged to $1.93, hitting a key Fibonacci support level as geopolitical tensions escalated following U.S. airstrikes in Iran. Veteran analyst CasiTrades had anticipated this drop, noting the $2.01 zone as critical. The rebound from this level has sparked Optimism among traders, with a $3 target now in sight.

Technical indicators suggest a potential bullish reversal. The 15-minute and 1-hour RSI charts show divergences, hinting at waning selling pressure and renewed buyer interest. While the bounce remains unconfirmed, an upward-sloping trendline on the 1-hour chart offers early signals of a potential pivot.

XRP Slumps Toward $2 Amid Geopolitical Tensions and Legal Uncertainty

XRP tumbled to a weekly low of $2.00, shedding 6% as market sentiment soured following U.S. military strikes on Iranian nuclear sites. The geopolitical shockwaves rippled through crypto markets, amplifying existing bearish pressures.

Legal speculation compounded the selloff. Unsubstantiated rumors of potential U.S. government seizure of Ripple's escrowed XRP reserves briefly circulated, despite swift rebuttals from legal experts. All eyes now turn to Judge Analisa Torres' impending ruling in the SEC vs. Ripple case, which could conclude the 4.5-year legal battle.

Corporate Treasuries Embrace XRP with $1 Billion Commitment

Eight publicly traded companies have collectively allocated nearly $1 billion to establish dedicated XRP treasury programs, marking a watershed moment for the cryptocurrency's utility beyond speculation. The commitments span technology, energy, pharmaceuticals, and consumer sectors, with Trident Digital Tech Holdings and Webus International leading the charge at $500 million and $300 million respectively.

Trident plans to leverage Ripple's payment rails for platform integration while staking XRP for yield, following a strategic advisory agreement with Chaince Securities. Webus opts for debt financing over equity dilution to fund its treasury, aiming to revitalize a travel payments partnership with Tongcheng Travel Holdings. VivoPower International joins the trend with a $100 million allocation from recent funding, staking its position on Flare Network.

The coordinated MOVE signals institutional recognition of XRP as a liquidity management tool and cross-border payment solution. Unlike speculative crypto plays, these programs emphasize functional deployment in reserves, DeFi protocols, and commercial payment systems—a validation of Ripple's enterprise-focused blockchain infrastructure.

Fact Check: Ripple vs. SEC Case Timeline Clarified Amid 2026 Delay Rumors

Speculation about the Ripple-SEC lawsuit extending to late 2026 has been debunked as misleading. The rumor originated from a social media post claiming a potential delay, but legal experts and community members quickly dismissed it as inaccurate.

Both Ripple and the SEC recently filed motions to pause the appeals process temporarily, with the SEC required to submit a status update by August 2025. This procedural step does not equate to a multi-year delay. Legal analyst Marc Fagel noted Ripple's supplemental filing offered no substantive developments, characterizing it as reassurance for XRP supporters amid crypto Twitter speculation.

The case remains in uncharted territory, with the judge's next move uncertain. A rejection of Ripple's motion could force the company to choose between continuing appeals or pursuing settlement options.

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