XRP Eyes $6 Rally as Key Support Holds Strong

XRP has demonstrated significant bullish momentum, breaking through the $2.34 resistance level and reaching a monthly high of $2.40 on July 9 before stabilizing at $2.37. Analysts, including Arthur Azizov of B2 Ventures, highlight $2.65 as the next critical resistance level, with potential for further upside if the cryptocurrency maintains its current support. The resilience of XRP amid minor corrections has sparked speculation of a larger upward move, with some eyeing a long-term target of $6. As of July 26, 2025, the market remains optimistic about XRP's prospects, given its strong technical performance and growing investor confidence.

XRP Eyes Potential Rally to $6 as Price Holds Above Key Support Level

XRP has broken through the $2.34 resistance level, sparking speculation of a larger upward move. The cryptocurrency reached a monthly high of $2.40 on July 9 before stabilizing at $2.37, demonstrating resilience despite minor corrections.

Arthur Azizov of B2 Ventures identifies $2.65 as the next critical resistance level. "XRP's ability to maintain support above $2.34 suggests potential for significant upside," he notes. The token's prolonged accumulation phase and historical tendency to MOVE independently of broader market trends reinforce this bullish outlook.

A sustained breakout could propel XRP toward $4-$6, potentially surpassing its January 2018 all-time high of $3.84. Fundamental factors appear aligned to support such a move, though market conditions remain fluid.

Crypto Industry Presents Market Structure Proposals to U.S. Senate

Ripple CEO Brad Garlinghouse and other crypto executives testified before the Senate Banking Committee, advocating for clearer regulatory frameworks to foster innovation in digital assets. Garlinghouse emphasized how regulatory ambiguity has hindered progress, citing Ripple's legal battles with the SEC as a prime example.

The Senate Banking and Agriculture Committees are advancing a comprehensive crypto market structure bill, with the House of Representatives preparing for "Crypto Week" to push related legislation. Banking Committee Chairman Tim Scott highlighted bipartisan efforts to address regulatory gaps in the sector.