XRP had a stellar week, closing at $three.557, up 22.5% week-over-week and marking its highest degree since 2018. It achieved a 28.4% month-to-month achieve, pushing its market cap to over $210 billion and securing the #three spot among all cryptocurrencies.
???? Key Drivers ETF Momentum: Multiple ETFs launched or accredited this month, including ProShares and Volatility Shares XRP Futures ETFs, fueling institutional demand.
Regulatory Readability: SEC lawsuit nearing decision and chances of a spot XRP ETF by year-end exceed 88%. Ripple can also be progressing toward a U.S. banking license.
Whale Accumulation: Over 2,700 wallets now hold 1M+ XRP, amassing 47.3B tokens.
???? Technical Overview Resistance: $3.66–$three.84 (ATH zone); subsequent breakout might goal $four.00–$5.00+
Help: $three.40 (short-term), $3.00 and $2.80
Indicators: RSI at 84.5 (overbought); MACD and EMAs affirm bullish development
???? Market Context XRP outperformed Bitcoin (+35% in July)
Crypto market cap close to $4T with institutional inflows rising
Ripple’s stablecoin RLUSD now exceeds $500M circulation
???? Outlook Brief-term: A push to $four.00–$4.50 if $3.84 breaks
Medium-term: $6–$10 attainable by This fall 2025 with ETF boosts
Lengthy-term: $10–$15+ if institutional use and adoption accelerate
⚠️ Dangers to Watch Overbought levels might cause short-term pullback
Regulatory delays still potential
Return of whale promoting strain near highs
Conclusion: XRP is in a robust bull development with growing institutional help and regulatory enhancements. A breakout past $3.84 might sign the subsequent leg toward all-time highs and beyond.
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