XRP Price Prediction: Can Bulls Defend $2.17 Support to Target $2.8?

#XRP

• Technical Edge: XRP must close above $2.2861 (Bollinger upper band) to confirm bullish momentum.
• Whale Watch: $1.2B in sell orders could cap gains near $2.5 until absorbed.
• Regulatory Catalyst: Ripple's banking charter application may redefine XRP's utility and demand.

XRP Price Prediction

XRP Technical Analysis: Bullish Signals Emerge Above Key Moving Averages

XRP is currently trading at $2.221, slightly above its 20-day moving average (MA) of $2.1695, indicating potential bullish momentum. The MACD histogram shows a slight bearish crossover (-0.0287), but the signal line (0.0156) remains positive, suggesting mixed signals. Bollinger Bands reveal the price is NEAR the upper band ($2.2861), which could act as resistance. Analyst Ava notes that a sustained break above $2.28 may confirm a bullish reversal.

XRP Market Sentiment: Mixed Reactions Amid Institutional Adoption and Whale Activity

News headlines highlight Swiss bank Amina's adoption of Ripple's RLUSD stablecoin, potentially funneling billions into XRP. However, growing exchange reserves and a $1.2B whale sell-off threaten short-term recovery. Analyst Ava cautions that while Ripple's U.S. banking charter pursuit could propel XRP to $50 long-term, the immediate focus is on holding $2.17 support for a 30% surge toward $2.8.

Factors Influencing XRP’s Price

XRP Price Prediction: Swiss Bank Embraces Ripple’s RLUSD – Billions Flowing into XRP?

XRP has dipped 2.5% to $2.23 amid a broader crypto market slump, yet maintains a 6% weekly gain following AMINA Bank's landmark adoption of Ripple's RLUSD stablecoin. The Switzerland-based institution now offers custody and trading services for RLUSD, marking a significant step in institutional crypto integration.

Despite short-term volatility, XRP's 400% annual surge cements its position as a top-performing asset. Market Optimism grows as analysts anticipate potential XRP ETF approvals later this year, which could catalyze further institutional inflows.

Ripple's strategic momentum continues with its US bank charter application and AMINA's planned service expansion. 'Your digital dollars are protected,' the Swiss bank declared, signaling confidence in RLUSD's regulatory compliance framework.

XRP’s Potential 30% Surge to $2.8 Hinges on Key Support Confirmation, Analyst Says

Crypto analyst CasiTrades predicts XRP could rally 30% to $2.8, contingent on a critical technical confirmation. The altcoin must first break and retest the $2.25 support level to validate upward momentum.

The analyst's chart analysis suggests a swift flip of $2.25 into support could propel XRP toward $2.69, with potential extension to $2.80. Current price action shows XRP respecting the 0.382 Fibonacci retracement level, reinforcing the significance of this technical threshold.

Market participants are watching for the classic pattern of breakout followed by successful retest, which WOULD signal readiness for continuation. The $2.25 level now serves as the decisive battleground for XRP's next major move.

XRP Bull Case Weakens as Exchange Reserves Grow

Ripple (XRP) dipped 1% to $2.22 amid broader crypto market stagnation. Derivatives activity remains robust, but increasing exchange balances threaten the token's bullish technical structure.

The accumulation of XRP on trading platforms typically precedes selling pressure, raising concerns about near-term downside risks. Market participants await clarity on whether this represents profit-taking or strategic repositioning.

XRP Whales’ $1.2 Billion Sell-Off Threatens Price Recovery

XRP faces mounting pressure as large holders offload over 600 million tokens worth $1.2 billion within 24 hours. The dramatic reduction in whale holdings—from 8.3 billion to 7.7 billion XRP—signals eroding confidence among the asset's traditional supporters.

Santiment data reveals a seven-month high in age-consumed metrics, indicating long-term holders are actively liquidating positions. These stakeholders typically provide market stability; their exodus suggests weakening conviction in XRP's upside potential.

The cryptocurrency currently tests the $2.24 resistance level, but sustaining momentum grows increasingly difficult amid persistent selling pressure. Market observers note this whale activity often precedes extended consolidation periods.

Ripple Applies for U.S. Bank License Amid Stablecoin Regulatory Push

Ripple has taken a significant step toward regulatory compliance by applying for a U.S. bank charter with the Office of the Comptroller of the Currency (OCC). The move aligns with requirements under the proposed GENIUS Act, which mandates that stablecoin issuers must be chartered financial institutions. CEO Brad Garlinghouse emphasized that securing a Federal Reserve Master Account would allow Ripple to hold reserves for its RLUSD stablecoin directly with the Fed, enhancing trust and security.

The application comes as competition intensifies in the stablecoin sector, with Circle also pursuing a similar license. Market sentiment for XRP turned bullish following the announcement, reflecting optimism about Ripple's positioning in the evolving regulatory landscape. The GENIUS Act, currently under House review, could reshape the stablecoin market by imposing strict issuance requirements.

Amina Bank Becomes First Global Institution to Support Ripple's RLUSD Stablecoin

Ripple's stablecoin RLUSD gains significant institutional validation as Switzerland's AMINA Bank AG becomes the first globally regulated financial institution to offer direct support. The FINMA-regulated crypto bank will provide custody and trading services for the dollar-pegged digital asset, marking a watershed moment for blockchain-based financial instruments.

The adoption comes amid Ripple's parallel push for traditional finance integration, including applications for a US national banking license and Federal Reserve master account. On-chain metrics reflect growing traction, with RLUSD's supply ballooning to $469 million since launch.

"This institutional endorsement bridges the gap between digital assets and conventional finance," observed AMINA Bank's announcement, hinting at expanded services in coming quarters. The development coincides with surging global demand for stablecoins as hedging instruments and dollar proxies.

XRP Breaks Past 50 EMA, Signals Bullish Reversal Above $2.28

XRP has surged above the 50-day Exponential Moving Average (EMA), a critical technical level that had previously capped its price action. The breakout, accompanied by robust trading volume, suggests a potential shift from prolonged consolidation to a bullish phase.

Market sentiment appears to be turning as the token holds above all major moving averages. The Relative Strength Index (RSI) at 57 reinforces growing momentum, while the $2.28 support level now serves as a foundation for further upside.

Traders are eyeing key resistance levels at $2.50 and $3.00. The current price action mirrors historical patterns where sustained breaks above the 50 EMA have preceded extended bullish cycles.

XRP Could Hit $50 If Ripple Secures US Banking Charter, Says Crypto Analyst

Vincent Van Code, a software engineer and staunch XRP advocate, has sparked renewed discussion with his analysis of Ripple's pursuit of a US banking charter and Federal Reserve master account. The move, confirmed by Ripple on July 2, could position the company as the first crypto-native bank with direct access to Federal Reserve services.

Van Code argues this regulatory milestone would enable Ripple to hold reserves directly with the Fed, bypassing traditional commercial banks. The charter would grant authority to offer FDIC-insured deposit accounts—potentially including crypto assets—and establish lending services using XRP as collateral. "2025 to 2026 will be marked in history as the era the 100-year banking cartel began to crumble," Van Code predicted, suggesting the development could propel XRP to $50.

XRP Price Eyes Potential Rebound as Key Support Levels Hold

XRP shows signs of stabilization after rallying from the $2.20 support zone, with traders now watching the $2.2250 trendline for continuation signals. The Kraken-listed asset faces immediate resistance at $2.2720, while sustained momentum above $2.32 could open path toward $2.35.

Market structure appears constructive as XRP maintains its position above both the psychological $2.22 level and the 100-hour moving average. The formation of a bullish trendline coincides with the 23.6% Fibonacci retracement level from recent swings, creating a technical confluence for potential buyers.

Ripple Pursues National Bank Charter and Fed Master Account in Strategic Move

Ripple, the blockchain payment company, is seeking a national bank charter in the United States, a MOVE announced by CEO Brad Garlinghouse on social media. Securing the charter would streamline payment processes and reduce costs by eliminating intermediary banks, while also providing regulatory legitimacy after years of operating in a gray area.

The Office of the Comptroller of the Currency has confirmed receipt of Ripple’s application, which will undergo rigorous scrutiny. Additionally, Ripple is pursuing access to a Federal Reserve Master account, enabling direct management of stablecoin reserves with the central bank.

The company launched its stablecoin, RLUSD, last October. Though smaller than giants like Tether and Circle, RLUSD has grown to a market value of $470 million. This strategic push coincides with Ripple nearing resolution in its long-running legal battle with the SEC.

Ripple Distances Itself from Linqto Amid DOJ Probe and Bankruptcy Concerns

Ripple CEO Brad Garlinghouse has clarified that the company never directly sold shares to Linqto, an investment platform under DOJ investigation and facing bankruptcy risks. Linqto holds 4.7 million Ripple shares acquired on the secondary market, with no direct business ties between the two entities.

The controversy has fueled investor anxiety, reflected in XRP's price decline. Garlinghouse emphasized Ripple's limited exposure to Linqto's regulatory issues, as investors hold fractional shares through special-purpose vehicles.

Market sentiment remains cautious as legal uncertainties persist. The situation underscores the complex interplay between cryptocurrency firms and traditional investment platforms navigating regulatory scrutiny.

How High Will XRP Price Go?

XRP's price trajectory hinges on both technical and fundamental factors:

*Ava emphasizes this requires regulatory breakthroughs.

2.221 USDT

2.1695

-0.0287 (bearish)

2.0529–2.2861