XRP at a Pivotal Moment: Analyst Predicts Potential Rally to $5.30

Crypto analyst Guy has identified a critical juncture for XRP, suggesting the altcoin is on the verge of a significant breakout from its current trading range. The projection is based on a Fibonacci extension target of $5.30, which would establish a new all-time high for the digital asset. Key resistance is noted at $2.33, a level that previously limited XRP's upside during its May rally. A decisive break above this threshold could signal the beginning of a sustained upward trend, potentially propelling XRP to unprecedented heights. This analysis comes as the cryptocurrency market continues to evolve, with XRP showing promising signs of a major price movement. Investors and traders are closely monitoring these developments, as the $5.30 target represents a substantial increase from current levels. The prediction underscores the growing optimism surrounding XRP's potential in the broader crypto ecosystem. As of July 10, 2025, the market awaits confirmation of this breakout, which could redefine XRP's trajectory in the coming months.

XRP Faces Critical Juncture as Analyst Predicts $5.30 Rally

Crypto analyst Guy has identified a pivotal moment for XRP, suggesting the altcoin is poised for a breakout from its current trading range. The projection hinges on a Fibonacci extension target of $5.30, which WOULD mark a new all-time high for the digital asset.

Key resistance lies at $2.33, a level that previously capped XRP's upside during May's rally. A decisive break above this threshold could confirm the start of a sustained uptrend, with interim targets at $2.55 and the 2018 peak of $3.84. The analysis draws parallels to XRP's performance during Bitcoin's last record-breaking cycle, when the token briefly touched $2.60.

Market observers note the current technical setup mirrors historical patterns that preceded significant price appreciation. The $2.55 level serves as both a psychological barrier and confirmation point - surpassing it would validate the bullish thesis and potentially accelerate momentum toward higher valuation targets.

XRP Rally Faces Headwinds as On-Chain Data Signals Profit-Taking

XRP's 4% weekly gain masks underlying weakness as blockchain analytics reveal a potential bull trap. Glassnode metrics show 283 million XRP flooded exchanges on July 7 - the highest exchange net position change in eight months. This sell-side pressure coincides with a deteriorating Chaikin Money FLOW reading now teetering at 0.01.

The divergence between price action and capital flows suggests speculative exhaustion. Traders appear to be using the rally as an exit opportunity rather than accumulating positions. When money Flow indicators turn negative while prices rise, it typically precedes reversals.

XRP Shows Bullish Signals as Inverse Head and Shoulders Pattern Emerges

XRP has defied recent market volatility, holding firm above the $2 threshold. The third-largest cryptocurrency by market capitalization is now flashing technical indicators that suggest a potential surge toward $2.60.

A developing Inverse Head and Shoulders pattern on the hourly chart has caught analysts' attention. Ali Martinez, a prominent market technician, notes this classic bullish reversal formation typically precedes upward breakouts. The pattern's appearance coincides with XRP's Monday rebound, fueling speculation of imminent price acceleration.

Market participants are watching key resistance levels as the asset demonstrates unusual strength amid broader crypto fluctuations. The technical setup mirrors conditions seen before previous XRP rallies, though traders await confirmation of pattern completion.

Ripple Shareholder Linqto Files for Chapter 11 Bankruptcy Amid SEC Scrutiny

Linqto, a platform that enabled retail investors to purchase shares in pre-IPO companies like Ripple through LLC structures, has filed for Chapter 11 bankruptcy in the U.S. District Court for the Southern District of Texas. Court documents reveal its investment vehicle, LiquidShares, holds securities valued at over $500 million across 111 companies, including 4.7 million Ripple shares.

Ripple CEO Brad Garlinghouse swiftly distanced the company from Linqto, clarifying on social media that no business relationship existed between the two entities. Linqto's Ripple holdings, potentially worth $450 million on secondary markets, face valuation uncertainty as regulatory probes intensify. The Wall Street Journal reports internal reviews flagged alleged securities violations linked to Linqto's marketing of private equity investments.

Linqto Bankruptcy Exposes Pre-IPO Illusion, Raises Questions Over Ripple Share Ownership

Linqto, a fintech platform that marketed pre-IPO shares to retail investors, has filed for Chapter 11 bankruptcy, revealing potential insolvency and securities law violations. The San Jose-based company listed assets and liabilities between $500 million and $1 billion, with over 10,000 creditors affected.

Chief Restructuring Officer Jeffrey Stein alleges 'years of mismanagement' and failures to address securities violations dating back to 2020. The collapse exposes risks in Linqto's model of offering access to private shares in firms like Ripple—now under SEC scrutiny for potentially misleading sales practices.

The bankruptcy filing in Texas federal court underscores the regulatory gray area surrounding pre-IPO investments. Investors who believed they owned stakes in high-profile companies may discover their holdings were never properly registered or transferred.

XRP Breaks Out Amid Surging Trader Interest

Ripple's XRP has surged past the neckline of an inverted head-and-shoulders pattern, signaling a potential trend reversal after weeks of consolidation. The cryptocurrency touched a local high NEAR $2.33 before retracing to $2.29, testing critical support levels. A successful hold here could pave the way for further bullish momentum.

Derivatives traders are doubling down, with Open Interest climbing 6.82% to $5.02 billion and trading volume exploding by 111.79% to $10.28 billion. Such spikes typically indicate strong conviction behind price movements. Despite negative funding rates and mixed sentiment from the NVT ratio, the technical setup favors upside continuation.