XRP Price Prediction: Bullish Breakout Potential Amid Regulatory and Technical Tailwinds

#XRP

• Technical Strength: XRP is trading above its 20-day MA and testing upper Bollinger Band resistance.
• Regulatory Catalysts: Ripple's banking license bid and stablecoin oversight are positive for long-term adoption.
• Market Sentiment: ETF speculation and July breakout potential are driving short-term interest.

XRP Price Prediction

XRP Technical Analysis: Bullish Signals Emerge

According to BTCC financial analyst John, XRP is currently trading at $2.2547, above its 20-day moving average of $2.1610, indicating a bullish trend. The MACD shows a slight negative divergence, but the price is hovering NEAR the upper Bollinger Band at $2.2713, suggesting potential for further upside if it breaks this resistance level.

XRP Market Sentiment: Regulatory Moves and ETF Speculation

BTCC financial analyst John notes that Ripple's pursuit of a U.S. banking license and federal oversight for its stablecoin RLUSD is boosting market confidence. News headlines highlight XRP's 3% gain and breakout potential, though the price remains below the key $2.35 level amid ETF speculation.

Factors Influencing XRP’s Price

Ripple Expands Stablecoin Infrastructure Partnership Amid Banking License Bid

Ripple has deepened its stablecoin ambitions through a strategic partnership with London-based fintech OpenPayd, aiming to build cross-border payment infrastructure for enterprises. The collaboration centers on Ripple USD (RLUSD), with OpenPayd enabling direct minting and burning of the dollar-pegged stablecoin.

The move coincides with Ripple's application for a national banking charter with the OCC—a regulatory milestone that would unlock expanded crypto services across U.S. states. Ripple Payments already processes $70 billion annually across 90 markets, positioning RLUSD as a potential liquidity bridge between traditional and digital finance.

"Seamless interoperability between legacy systems and digital assets is non-negotiable for global finance," said Jack McDonald, Ripple's SVP of stablecoins. The announcement follows Ripple Labs' decision to drop its SEC cross-appeal, signaling a strategic pivot toward regulatory compliance.

Ripple Seeks Federal Oversight for RLUSD Stablecoin in Bid to Set New Trust Benchmark

Ripple has filed for a national bank charter with the Office of the Comptroller of the Currency, aiming to place its RLUSD stablecoin under dual state and federal supervision. CEO Brad Garlinghouse framed the July 2 application as creating a "new benchmark for trust" in the $455 million stablecoin market.

The move coincides with subsidiary Standard Custody & Trust Co.'s separate request for a Federal Reserve master account. Approval would enable direct reserve holdings at the Fed—a first for stablecoins—rather than through commercial bank intermediaries.

Artemis data shows RLUSD's transaction volume hit a record $2.6 billion in June. The stablecoin already undergoes monthly attestations with reserves held in bankruptcy-remote custody accounts.

Ripple Pursues U.S. Banking License to Strengthen Regulatory Compliance

Ripple Labs, the blockchain firm behind XRP, has formally applied for a national banking charter with the U.S. Office of the Comptroller of the Currency. CEO Brad Garlinghouse emphasized the move as part of a broader strategy to align with regulatory expectations while expanding institutional trust in its infrastructure.

The company’s subsidiary, Standard Custody, separately filed for a Federal Reserve Master Account, which would allow it to hold reserves for Ripple’s stablecoin RLUSD directly with the central bank. Garlinghouse framed RLUSD as a compliance-first solution in a $250 billion market, targeting institutional demand for regulated digital assets.

Ripple Applies for Federal Bank Trust Charter as XRP Gains 3%

Ripple has taken a decisive step toward federal recognition by applying for a national banking charter with the Office of the Comptroller of the Currency. The move would enable the crypto payments firm to operate across U.S. state lines under a unified regulatory framework, expanding its existing services that include the NYDFS-regulated RLUSD stablecoin and digital asset custody solutions.

XRP, the native token of Ripple's payment network, immediately reacted with a 3% price surge following the Wall Street Journal's initial report. This development mirrors Circle's recent federal license application, signaling a broader trend among stablecoin issuers seeking regulatory clarity as Congress advances crypto legislation.

The competitive landscape is taking shape, with Anchorage Digital already holding a federal charter. Market participants now await the Senate's decision on stablecoin regulation, which could reshape the playing field for crypto-native financial institutions.

Ripple Applies for US Banking License Following Circle's Lead

Ripple has officially filed an application with the Office of the Comptroller of the Currency (OCC) for a national bank charter, CEO Brad Garlinghouse announced via X. The move positions Ripple to operate under dual state and federal oversight, setting a new benchmark for trust in the stablecoin market.

The application follows Circle's recent bid for a similar charter. Anchorage Digital remains the only crypto firm currently holding a national bank charter. Regulatory approval would mark a significant milestone for Ripple's compliance-focused strategy.

4 Altcoins to Watch in July: BlockDAG, XRP, SEI, and SUI Show Breakout Potential

July may prove pivotal for altcoins as market activity intensifies. BlockDAG, XRP, SEI, and SUI are emerging as standout candidates with distinct value propositions. BlockDAG distinguishes itself through an innovative airdrop strategy that rewards early adopters for active participation in platform development. The project's limited-time presale price of $0.0016 until August 11 presents a potential entry point.

XRP continues to draw attention amid ongoing regulatory developments, while SEI and SUI demonstrate technical strength in their respective niches. Market observers note these assets combine growing community interest with favorable chart patterns, suggesting possible upside momentum. The current market environment favors selective accumulation of altcoins showing both fundamental merit and technical readiness for moves.

XRP Price Prediction: Multi-Month Breakout Potential Amid CME and EVM Developments

XRP's price hovers near $2.19, showing resilience after a recent dip to $2.05. Market participants are eyeing two catalysts for a potential breakout: surging CME XRP futures activity and the impending launch of the XRPL EVM sidechain. The token remains tightly coiled within a symmetrical triangle pattern—a technical formation that typically precedes explosive volatility.

Daily charts reveal XRP testing a descending resistance trendline dating back to March. A decisive close above this level could ignite sustained bullish momentum. Despite short-term bearish signals from indicators like the Parabolic SAR and Supertrend, the $2.20 support level has held firm since June—a testament to accumulating buy-side interest.

Institutional sentiment appears to be warming, with Bloomberg analysts Eric Balchunas and James Sayffart notably increasing their odds for an XRP spot ETF approval. Such developments could provide the fundamental thrust needed to complement technical breakout potential.

Ripple Denies Formal Ties to Linqto Amid Regulatory Scrutiny Over Share Sales

Ripple CEO Brad Garlinghouse has publicly distanced the company from Linqto, a private investment platform offering access to Ripple equity through secondary markets. In a July 2 statement on X, Garlinghouse emphasized that Ripple never authorized direct share sales to Linqto and ceased approving secondary transactions with the platform in late 2024 due to compliance concerns.

Linqto's model involves selling stakes in a special-purpose vehicle holding Ripple shares rather than direct ownership—a structure now under scrutiny by the SEC and DOJ. The platform reportedly holds 4.7 million Ripple shares acquired exclusively through secondary purchases from existing shareholders.

Ripple CEO Breaks Silence on Linqto Scandal: “No Business Relationship”

Ripple CEO Brad Garlinghouse has publicly distanced the company from troubled private equity platform Linqto, clarifying that Ripple never maintained any business relationship with the embattled firm. The statement comes as Linqto faces federal investigations and potential bankruptcy, having frozen user accounts and proposed a controversial refund model that excludes profit distributions.

Garlinghouse revealed Linqto holds 4.7 million Ripple shares acquired exclusively through secondary market transactions, not direct purchases from the company. This disclosure aims to quell growing concerns within the XRP community as Linqto's operational collapse triggers investor panic. The platform previously marketed itself as a retail gateway to pre-IPO companies including Ripple and Circle.

XRP Stuck Below $2.35 as ETF Speculation Builds

XRP remains trapped in a tight consolidation range between $2 and $2.35, unable to overcome this critical technical resistance. The asset's stagnation reflects a market in search of catalysts, with Bloomberg analysts assigning a 95% probability to an XRP ETF approval by 2025.

Technical indicators show the 20-day EMA at $2.17 acting as immediate support, while the $2 level serves as a psychological floor. Traders note that sustained trading volume above $2.35 could signal a breakout, but current demand appears insufficient to absorb selling pressure at higher levels.

The ETF narrative has emerged as a potential game-changer, with institutional interest growing around Ripple's cryptocurrency. Approval would likely trigger substantial capital inflows, mirroring the transformative effect Bitcoin ETFs had on that market. This speculation comes as XRP finally moves beyond its prolonged legal battle with the SEC.

XRP Price Flirts With Breakout; Will ETF Bets and Token Unlock Tip the Scale?

XRP is testing a critical resistance zone at $2.48 after a 355% year-to-date rally, fueled by speculative ETF optimism and Ripple's 1 billion token unlock. The asset's technical indicators show strength but lack confirmation, leaving traders questioning whether this marks a genuine breakout or another pause.

Market dynamics hinge on two factors: Ripple's scheduled token release and a $703 million transfer by SBI Holdings. Fibonacci retracement levels pinpoint $2.30 and $2.45 as immediate resistance thresholds, while the Chaikin Money Flow suggests institutional interest may be building.

The absence of euphoric RSI readings—currently at 58—combined with rising volume creates a tension between caution and opportunity. As dormant whale wallets stir and regulatory clarity around crypto ETFs looms, XRP stands at an inflection point where macro sentiment and technicals collide.

Is XRP a good investment?

Based on the current technical and fundamental analysis, XRP presents a compelling investment opportunity. Here’s a summary:

John from BTCC suggests that a break above $2.2713 could trigger further gains, especially with Ripple's regulatory advancements.