XRP Bullish Momentum: Key Indicators Point to $3 Breakout
XRP has shown significant bullish momentum, surging 6.9% weekly to reach $2.19, with technical indicators suggesting potential for further gains. Analysts highlight a MACD crossover and an ascending channel pattern as key drivers behind this upward trend. Trading volume has also been robust, exceeding $1.38 billion, reflecting growing market optimism. A decisive break above the $2.25 resistance level could propel XRP toward the $3 mark, according to crypto analyst Jordan Godard, who notes the asset is currently testing a critical price channel boundary. This breakout, if confirmed, may signal the next major move for XRP, making it a focal point for investors and traders alike.
XRP Price Analysis: Bullish Momentum Targets $3 Breakout
XRP surges 6.9% weekly to $2.19 as technical indicators flash bullish signals. A decisive break above the $2.25 resistance could propel the token toward $3, with analysts citing a MACD crossover and ascending channel pattern as key drivers.
Trading volume exceeds $1.38 billion amid growing market optimism. Crypto analyst Jordan Godard notes the asset is testing a critical price channel boundary—a breakout here may confirm the next leg upward.
Ripple USD Stablecoin Volume Surges 12% After 13.5M Token Mint
Ripple USD (RLUSD) stablecoin activity spiked following the creation of 13.5 million new tokens, with trading volume climbing 12% post-mint. The Ethereum-based token now commands $47.51 million in daily volume—a 25.18% increase—while maintaining its dollar peg with 0.02% weekly gains.
Market capitalization ROSE 3.29% to $455.31 million, reflecting growing adoption across thousands of wallets. Despite moderate recognition with a 45% profile score, RLUSD's 7.84% volume-to-market cap ratio signals robust liquidity. The stablecoin's fully diluted valuation matches circulating supply, indicating transparent tokenomics.
Binance Maintained XRP Listing Amid SEC Legal Battle, CZ Clarifies
Binance's global platform continued supporting XRP trading throughout Ripple's legal confrontation with the U.S. Securities and Exchange Commission, founder Changpeng Zhao confirmed. While American exchanges including Binance.US delisted the token in January 2021 following regulatory pressure, Binance.com maintained uninterrupted access to XRP markets.
The distinction highlights how crypto exchanges navigated divergent regulatory landscapes during Ripple's protracted courtroom drama. With the case now approaching resolution and U.S. platforms reinstating XRP, Zhao's remarks underscore Binance's consistent positioning as a global liquidity provider less susceptible to regional compliance demands.
"FWIW, Binance.com never delisted XRP," Zhao stated in response to Ripple CEO Brad Garlinghouse's legal update. The comment came as industry analysts noted Binance.US had suspended trading for nearly three years before recently relisting the asset.
XRP Price Prediction: Bullish Momentum Builds as Market and Lunar Cycles Converge
XRP's price action shows signs of an impending breakout, currently trading at $2.18 after a minor 0.57% dip. The cryptocurrency has been consolidating between $2.07 support and $2.20 resistance, with analysts interpreting this tight range as accumulation before a potential surge. A decisive move above $2.30 could trigger momentum toward $2.60.
Market sentiment aligns with technical patterns. "Sideways structures often precede significant moves," observed one trader. The approaching Buck Moon on July 10 adds an unconventional catalyst—historical lunar cycles have frequently coincided with crypto market volatility. Captain Redbeard, a prominent analyst, notes: "Full moons, especially the Buck Moon, traditionally mark periods of price rebirth."
Legal clarity surrounding Ripple continues to bolster long-term confidence. While short-term momentum remains subdued, the confluence of technical positioning and macroeconomic factors suggests XRP may lead the next altcoin rally. Market participants await a clear break above the $2.30 threshold as confirmation of bullish continuation.
Trump's XRP Reserve Announcement Sparks 30% Surge Amid Ripple's Token Unlock
Ripple's XRP, the fourth-largest cryptocurrency by market capitalization, surged 30% to $2.60 following U.S. President Donald Trump's March 2, 2025 announcement that it WOULD join the U.S. crypto reserves. The move, framed as a rebuke to the Biden administration's policies, propelled XRP's market cap toward $150 billion amid heightened institutional interest.
The rally coincided with Ripple's routine unlock of 400 million XRP tokens worth $1.1 billion on March 3, 2025. Blockchain tracker Whale Alert reported the release of 1 billion XRP from escrow, with 500 million immediately split into two transactions. Market observers attribute the price momentum to both political tailwinds and anticipation of increased liquidity.
XRP Eyes Breakout as Bullish Pennant Forms With $5 Target in Sight
Analysts are tracking a bullish pennant formation in XRP's price chart, signaling potential for a significant upward move. The pattern emerges NEAR a critical supply zone, historically a springboard for strong rallies. Technical targets cluster between $2.26-$2.32 based on Elliott Wave Theory, with a breakout above $2.14 potentially fueling a run toward $5.
Regulatory clarity following Ripple's legal resolution with the SEC appears to be restoring market confidence. Chartists note the pennant's consolidation phase typically precedes continuation of the dominant trend—in this case, bullish. Rose Premium Signals highlights the structure's formation at a multi-year demand level, increasing the probability of explosive price action.
More Crypto Online's separate analysis reinforces the optimistic outlook, identifying XRP's position within the fifth wave of Elliott's cycle. This phase often delivers the most aggressive price appreciation in a sequence. Market participants are watching $2.4558 and $2.6549 as interim targets before testing higher valuations.
