XRP Eyes $2.25 Breakout as Market Sentiment Turns Bullish

XRP has shown strong signs of recovery, rebounding sharply from the $2.07 support level, which many analysts believe marks the end of its recent correction phase. Technical indicators, including Fibonacci retracement levels and wave extensions, suggest that the market may have bottomed out, paving the way for a new bullish wave. Adding to the optimism, Ripple's decision to drop its SEC appeal has cleared a significant regulatory hurdle, boosting investor confidence. Traders are now closely watching the $2.25 resistance level, as a breakout above this point could trigger further upside momentum. With the current market conditions and positive developments, XRP appears poised for a potential rally in the NEAR term.

XRP Price Surge: Can $2.25 Trigger a New Bullish Wave?

XRP rebounded sharply from the $2.07 support zone, signaling a potential end to its correction phase. The confluence of technical indicators—including Fibonacci retracement levels and wave extensions—suggests the market may have bottomed out.

Ripple's decision to drop its SEC appeal has injected Optimism into the market, clearing a path for further upside. Traders are now eyeing the $2.25 resistance level as a critical breakout threshold. A decisive move above this level could catalyze the next major rally.

The resolution of Ripple's legal battle with the SEC appears imminent, removing a longstanding overhang. With regulatory uncertainty fading, institutional confidence in XRP is growing—potentially fueling sustained momentum.

Ripple-Uphold Acquisition Rumors Surface Post-SEC Case Resolution

Speculation about Ripple acquiring Uphold or Kraken erupted across crypto communities following a cryptic social media exchange. The rumors gained traction after Ripple CEO Brad Garlinghouse announced the company would drop its cross-appeal in the SEC lawsuit—a pivotal moment that fueled market chatter.

Uphold became the focal point of these theories after responding to Ripple's legal update with an ambiguous two-word tweet. The timing and lack of denial from either party amplified suspicions, though no concrete evidence supports the claims. Kraken was also swept into the rumor mill despite having no apparent connection to the events.

Market observers note such unfounded speculation frequently emerges during major regulatory developments. The XRP community remains particularly sensitive to strategic moves after Ripple's protracted legal battle.

SBI’s $703M XRP Move Triggers Ripple Escrow and ETF Buzz

A seismic shift in XRP markets occurred as SBI VC Trade, a key Ripple partner, moved 320 million XRP tokens worth $703 million between unidentified wallets. The transaction, captured by Whale Alert on June 30, preceded Ripple's scheduled release of 1 billion XRP from escrow—a timing that fueled intense speculation among market observers.

Japan's evolving regulatory landscape adds context to the massive transfer. The Financial Services Agency's proposal to reclassify cryptocurrencies as legal financial instruments—coupled with a radical tax cut from 55% to 20%—creates fertile ground for institutional crypto products. SBI's historical ties to Ripple and Japan's progressive stance have analysts pondering potential ETF preparations.

XRP Nears Breakout as Symmetrical Triangle Pattern Hints at Volatility

XRP traders are bracing for a potential breakout as the cryptocurrency approaches the apex of a months-long symmetrical triangle formation. The pattern, characterized by higher lows and lower highs since late 2024, typically precedes significant price movements. Current trading at $2.19 shows tentative support above $2.08, with resistance looming at $2.35 and $2.61.

Market sentiment leans bullish as spot taker CVD data reveals sustained buyer dominance over 90 days—a classic accumulation signal. Yet on-chain metrics suggest speculative interest may be outpacing organic demand, casting doubt on rally sustainability. The coming days will test whether technical patterns or fundamental realities dictate XRP's next move.

XRP ETF Speculation Intensifies Following Ripple's SEC Settlement

Ripple's $50 million settlement with the SEC has cleared a three-year legal overhang, sparking renewed speculation about a spot XRP ETF. The resolution removes restrictions on institutional XRP sales, granting the token rare regulatory clarity among major cryptocurrencies.

Analysts point to July as a potential filing window, with AIXBT's predictive models signaling imminent ETF applications. Market participants view this as a watershed moment—where legal resolution meets growing institutional demand for crypto exposure vehicles.

XRP ETF Prospects Gain Momentum as Ripple Resolves SEC Legal Battle

Market optimism surrounds XRP as Ripple Labs concludes its cross-appeal against the SEC, potentially paving the way for a spot ETF. AI platform AIXBT and Elon Musk's Grok suggest July 2025 as a likely approval window, citing newfound regulatory clarity.

The resolution marks a turning point for XRP, now positioned as the only major cryptocurrency with definitive regulatory status. ETF Store President Nate Geraci anticipates swift filings from institutional players like BlackRock, framing the development as a market inflection point.