Chart: https://www.gate.com/trade/XRP_USDT
In the past 48 hours, XRP has shown strong performance amid a broad crypto market rebound. As of noon UTC on July 23, 2025, XRP was trading at approximately $3.51, marking a rebound of over 7% from last week’s low of $3.28. Traders pushed the 24-hour volume to $1.2 billion, highlighting renewed market activity. Additionally, coordinated upward movement with Bitcoin and Ethereum has further fueled momentum among XRP bullish traders.
The candlestick chart indicates that XRP has successfully broken out of a symmetrical triangle pattern that had constrained the price for nearly 20 days, signaling potential upward movement. The key support area is now between $3.45 and $3.50, which represents a concentration of previously trapped positions. If XRP retests but holds above this level, a continued rally is likely.
The next resistance level stands at $3.60. A decisive breakout above this point would open the way to $3.80, and possibly challenge this year’s high at $4.00. The MACD has just triggered a bullish crossover. The RSI sits at 64, suggesting further upside but also the risk of a short-term pullback due to overbought conditions.
On-chain data shows that on July 22, more than 1.5 million XRP were transferred to several exchanges within the $3.40–$3.45 price range, likely indicating entry by institutions or major players. Meanwhile, XRP-related keyword search volume on social media rose by 20%, reflecting renewed interest from retail investors.
Notably, as themes like NFT, Layer 2, and DePIN lose momentum, XRP has once again become a safe haven asset thanks to its regulatory compliance advantage.
This week, ProShares debuted the world’s first XRP ETF (XRPF) on the New York Stock Exchange, with opening-day trading volume reaching $420 million—far surpassing market expectations. The product not only provides institutions with a regulated entry point but also delivers a significant boost to XRP’s liquidity.
Additionally, Grayscale has added XRP to its investment trust, potentially serving as a major catalyst for a bull market.
Considering both technical indicators and fundamentals, if XRP can maintain support above $3.50, the projected trading range for tomorrow is $3.58–$3.82. If the price falls below $3.45, investors should be aware of the risk of a further decline toward $3.30.
New investors are encouraged to set stop-loss orders, closely monitor ETF inflows, exchange liquidation data, and shifts in macroeconomic news, and adjust positions responsively.