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XRP Poised for Breakout: Analysts Predict $3.5 Target Amid Market Optimism

XRP Poised for Breakout: Analysts Predict $3.5 Target Amid Market Optimism

Author:
XRP News
Published:
2025-07-20 19:07:58
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

XRP has surged 35% in the past month, briefly hitting $3 before stabilizing at $2.80. Analysts believe a breakout could push it toward its all-time high of $3.50, despite a temporary market correction tied to Bitcoin's volatility. Meanwhile, Unilabs Finance has raised over $5.5 million in presale funding, signaling strong investor interest in innovative crypto projects. This bullish momentum for XRP reflects renewed confidence in its long-term potential within the digital asset space.

Best Crypto to Buy Today: Bullish Indicator Could Mean XRP at $3.5 While Unilabs Raises $5.5 Million

XRP's recent surge has reignited investor confidence, with the token gaining 35% over the past month and briefly crossing the $3 mark before settling at $2.80. Analysts suggest a breakout could propel it toward its all-time high of $3.50, despite a temporary cool-off linked to Bitcoin's market-wide correction.

Meanwhile, Unilabs Finance has surpassed $5.5 million in presale funding, positioning itself as a contender for explosive growth. The protocol's sustainable performance is drawing comparisons to early-stage opportunities in decentralized finance.

Dave Portnoy Regrets Selling XRP as Token Soars to $3.60 High

Dave Portnoy, the self-proclaimed leader of the XRP army, expressed regret over selling his holdings as the token surged to a 2025 high of $3.60. "I would’ve made millions, and I want to cry," Portnoy said in a video posted on X. His decision to sell at $2.40 followed misinformation about Circle potentially outcompeting Ripple.

XRP's rally marked a 19.61% daily gain, pushing its market capitalization toward $200 billion. Over $68 million in short positions were liquidated in 24 hours, reflecting bullish momentum. The surge coincided with Ripple's application for a U.S. national banking charter, signaling its intent to formalize crypto services under federal oversight.

XRP Price Rally Faces Potential 17% Pullback Amid Profit-Taking Signals

XRP's recent surge to all-time highs shows early signs of a short-term cooldown, with on-chain metrics suggesting a possible 17% retracement before resuming its upward trajectory. The 90-day Market Value to Realized Value (MVRV) ratio has reached 48.07%, indicating nearly half of holders are sitting on substantial profits—a historical precursor to sell-offs.

January's identical MVRV reading preceded a sharp decline from $3.11 to $2.58 within days. The 30-day MVRV at 39%—the second-highest in six months—further confirms newer investors may soon take profits. Santiment data reveals these profit-taking thresholds have consistently triggered corrections during previous rallies.

XRP Extends Rally to Record High Amid Crypto Legislation Boost

XRP/USD surged nearly 10% on Friday to a historic peak of $3.66, cementing its position as the week's top-performing cryptocurrency. The rally follows the US House of Representatives' passage of three pivotal crypto bills, injecting fresh Optimism into digital asset markets.

The token breached two critical technical milestones—conquering the psychological $3.00 barrier before toppling its prior all-time high of $3.4020. Weekly gains now exceed 20%, marking the fourth consecutive bullish week since June's $1.9411 low. Fibonacci extensions suggest the current wave has surpassed 161.8% of its projected target.

While overbought conditions and profit-taking may trigger short-term pullbacks, former resistance at $3.4020 has flipped to robust support. A sustained drop below $3.00 WOULD be required to invalidate the bullish structure.

XRP Surges to Record Highs Amid Strong Technical and Fundamental Momentum

XRP shattered its previous all-time high, breaching the $3.40 resistance level and consolidating NEAR $3.50. The rally reflects robust buying pressure, with technical indicators confirming sustained bullish momentum.

The Relative Strength Index (RSI) remains elevated, historically a hallmark of XRP's strong trending phases. Meanwhile, the Average Directional Index (ADX) breakout signals a structural shift in trend strength, reinforced by On-Balance Volume (OBV) hitting multi-year highs.

Critical support now lies between $3.30 and $3.40—the former resistance zone that may serve as a springboard for further upside. Market participants attribute the MOVE to a confluence of technical triggers and growing institutional interest in cross-border payment solutions.

XRP Surges Past $3.4 ATH as Regulatory Clarity Boosts Market Confidence

XRP has shattered its all-time high, breaching the $3.45 mark with a 5% daily gain and 32% weekly rally. Trading volume spiked nearly 300% in 48 hours as the token's market capitalization eclipsed $200 billion, dethroning Tether to become the third-largest cryptocurrency.

The rally follows the House of Representatives' passage of the GENIUS Act, a landmark stablecoin regulation bill championed by Senate Banking Committee Chairman Tim Scott. "This legislation secures America's leadership in payments innovation while protecting consumers," Scott declared, framing the move as critical to President Trump's agenda of establishing U.S. crypto dominance.

Market participants are interpreting the regulatory progress as a bullish signal for digital assets. XRP's breakout suggests institutional capital may be flowing into altcoins perceived to benefit from clearer compliance frameworks.

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