XRP Price Prediction: Can It Hit $3 Amid Bullish Signals and Regulatory Hurdles?

#XRP

• Technical Strength: Price above 20-day MA and near upper Bollinger Band signals bullish momentum.
• News Catalysts: Banking license bid and ETF speculation could drive rallies, but regulatory clarity is key.
• Critical Level: Holding $2.16-$2.18 support is vital for $3 target.

XRP Price Prediction

XRP Technical Analysis: Bullish Signals Emerge

XRP is currently trading at $2.2627, above its 20-day moving average of $2.1716, indicating a bullish trend. The MACD shows a slight bearish crossover (-0.0162 signal vs. 0.0150 MACD line), but the price remains within the upper Bollinger Band ($2.2932), suggesting potential upward momentum. Analyst Ava from BTCC notes that holding above the $2.16-$2.18 support zone could pave the way for a retest of $3.

XRP Market Sentiment: Mixed Reactions Amid Key Developments

Recent news highlights both Optimism and caution for XRP. While Coinbase's wallet reshuffle initially caused sell-off fears, it was later clarified as an internal transfer. Ripple's banking license application and ETF speculation have fueled bullish targets ($3.50 to $100), but regulatory scrutiny and failed rally attempts temper enthusiasm. Ava of BTCC emphasizes that sentiment hinges on breaking the $2.18 resistance decisively.

Factors Influencing XRP’s Price

Coinbase's $57M XRP Wallet Reshuffle Sparks Initial Sell-Off Fears, Later Clarified as Internal Transfer

A 25.5 million XRP transfer worth $57 million triggered market speculation before being identified as part of Coinbase's internal wallet management. Blockchain tracker Whale Alert initially flagged the July 3 movement to Coinbase as a potential whale sell-off signal, but subsequent analysis revealed the tokens were being redistributed across the exchange's cold wallets.

XRPwallets data shows the transaction originated from Coinbase itself, with approximately 3.88 million XRP allocated to multiple cold storage addresses. This marks the third such operational transfer by the exchange in two weeks, following patterns previously associated with Coinbase Cold Wallet 108. The consistent behavior suggests strategic liquidity management rather than impending market pressure.

Market observers note these movements could relate to institutional on-demand liquidity preparations, though Coinbase hasn't officially disclosed the rationale. The clarification helped stabilize XRP markets after initial volatility, demonstrating how exchange operational activities can temporarily mimic whale sell patterns.

Ripple CEO Clarifies Linqto's Holdings Amid Regulatory Scrutiny

Ripple CEO Brad Garlinghouse confirmed that Linqto holds 4.7 million shares of Ripple's private stock but denied any direct involvement in their sale. The clarification comes as Ripple faces renewed legal scrutiny involving Linqto, the SEC, and the Department of Justice.

A Wall Street Journal report alleges Linqto violated securities laws by facilitating retail investments in pre-IPO startups like Ripple. Approximately 5,000 non-accredited investors acquired exposure through Special Purpose Vehicles rather than direct ownership—a situation former legislator John Deaton called a 'regulatory nightmare.'

Garlinghouse emphasized Ripple's arms-length relationship with Linqto, noting the shares were acquired on secondary markets. The platform reportedly sold positions at inflated valuations, including to investors in sanctioned jurisdictions.

XRP Price Faces Critical Test at $2.16-$2.18 Zone Amid Bullish $3 Target

XRP's rally to $2.30 met resistance, triggering a pullback to the $2.18 support level. The retest of the $2.16-$2.18 consolidation zone now serves as a pivotal moment for determining whether the cryptocurrency can reclaim bullish momentum or face a deeper correction.

Crypto analyst CasiTrades highlights this range as a make-or-break level. Historically, this zone marked the top of a major consolidation structure. Holding above it WOULD signal a classic breakout-backfill pattern, often preceding trend continuation. Failure to maintain support, however, could invalidate the upward trajectory.

The $2.25 level briefly served as support before giving way, demonstrating the market's hesitation at higher valuations. A successful defense of the current range could pave the way for a retest of the $2.33 resistance, with $3 remaining a viable target for bullish traders.

Ripple’s US Banking License Bid Fails to Ignite Significant XRP Rally

Ripple’s pursuit of a US banking license has yielded only a tepid 3% price bump for XRP, underscoring market skepticism about the immediate benefits. The application, filed with the Office of the Comptroller of the Currency (OCC), aims to position Ripple as a compliant custodian for digital assets—including its upcoming stablecoin RLUSD—but does little to resolve XRP’s lingering regulatory ambiguities.

Brad Garlinghouse, Ripple’s CEO, framed the MOVE as a "unique benchmark for trust" in a tweet, emphasizing dual state and federal oversight. Yet the OCC charter would not alter the SEC’s 2023 ruling that institutional XRP sales constitute unregistered securities. With Ripple dropping its cross-appeal, the legal overhang persists.

The muted market reaction reflects a broader truth: regulatory compliance for Ripple doesn’t equate to utility for XRP. Unlike Circle’s USDC or Fidelity’s custody solutions, Ripple’s banking ambitions remain decoupled from demand drivers for its native token—at least for now.

XRP Price Surges Amid ETF Speculation, Analyst Predicts $100 Target

XRP has surged 5% to $2.29, outpacing a stagnant broader crypto market. The token now boasts a 375% annual gain, fueled by institutional interest and regulatory developments.

The SEC's tentative approval of Grayscale's Digital Large Cap ETF—which includes XRP—has sparked optimism, despite an immediate regulatory stay. Analysts interpret this as a precursor to spot XRP ETFs, potentially unlocking significant capital inflows.

"Once the SEC establishes formal crypto ETF standards, the floodgates open," says Nate Geraci, emphasizing the long-term implications of Wall Street's accelerating crypto adoption. Market watchers now eye $100 as a plausible target should institutional participation scale as anticipated.

Analysts Bullish on XRP Amid Market Resurgence, Eye $3.50 Target

XRP has surged to nearly $2.30, riding the broader cryptocurrency market rally. Analysts project further gains, with price targets ranging from $2.80 to $3.50, while some speculate a parabolic move reminiscent of 2017's bull run.

Ripple's application for a US banking license with the OCC may have contributed to the token's momentum. However, technical indicators flash caution—the Relative Strength Index (RSI) approaches 70, signaling potential overbought conditions that could precede a short-term pullback.

CRYPTOWZRD notes XRP closed 'bullish,' identifying $2.80 as the next resistance level. World of Charts confirms a breakout pattern, forecasting $3 in coming days. Maxi goes further, suggesting a repeat of 2017's exponential rally.

XRP Traders on Edge as Sentiment Flips Between Optimism and Doubt

XRP remains trapped in a narrow trading range, with resistance at $2.33 and support NEAR $2.08. The lack of decisive momentum reflects a market paralyzed by indecision, where neither bulls nor bears have gained control.

On-chain metrics reveal a fractured sentiment landscape. Glassnode's Net Unrealized Profit/Loss (NUPL) indicator shows XRP oscillating between 'Optimism-Anxiety' and 'Belief-Denial' zones—a classic signature of market uncertainty. This push-pull dynamic suggests traders are equally divided between cautious hope and skepticism about near-term price action.

The NUPL metric's back-and-forth movement typically precedes volatility spikes, as conflicting investor psychology creates fertile ground for abrupt trend reversals. With no clear catalyst on the horizon, XRP appears destined to continue its consolidation phase until either accumulation or distribution patterns emerge.

XRP Price Surges Following Ripple’s Banking License Application

XRP's price jumped 1.7% after Ripple filed for a banking license with the Office of the Comptroller of the Currency on July 2nd. The cryptocurrency climbed from $2.237 to $2.274 within hours, signaling growing investor confidence in Ripple's regulatory strategy.

CEO Brad Garlinghouse confirmed the application, which includes a Federal Reserve master account request through Standard Custody & Trust Company. This dual regulatory approach marks a pivotal shift in institutional perception of XRP, potentially accelerating adoption across financial sectors.

At press time, XRP trades at $2.26 as momentum builds. The move positions Ripple as a regulated financial institution—a milestone long anticipated by market participants.

Is XRP a good investment?

XRP presents a high-risk, high-reward opportunity. Below is a summary of key metrics and factors:

Ava from BTCC advises monitoring the $2.16-$2.18 zone for breakout confirmation. News-driven volatility (ETF rumors, banking license) may amplify moves.

Regulatory uncertainty remains a headwind.