XRP takes up the upward course wanting to go to new maximums

  • XRP should exceed $ 3.65 to score a new historical maximum.

  • Some traders and analysts have expectations above 5 dollars for XRP in 2025.

XRP resumed the bullish impulse after crossing a brief price correction period that took it below 3 dollars.

A sample of this is that Ripple’s cryptocurrency closed two consecutive daily candles with positive returns, indicating the potential formation of an incipient bullish structure.

At the time of publication of this note, the price of XRP is $ 3.22, 11% below its historical maximum (ATH) of $ 3.65as observed in the following graph of TrainingView.

XRP price chart. XRP price chart.
XRP quote in the last 3 months. Source: TrainingView.

Before continuing, it is important to highlight the fact that XRP has established a support at the level of 3 dollars. This not only avoided a deeper correction, but also reflects that there is a purchase interest in investors.

This rebound is backed by the strategic advances of Ripple Labs in various markets.

As Cryptonoticias has reported, the firm that Brad Garlinghouse requested a national banking license in the United States. In the event that the initiative is approved, the company will have its Stablecoin Ripple Usd (RLUSD) under the supervision of the Office of the Comptroller of La Moneda (OCC), the entity that regulates national banks. This would increase confidence in stable currency.

In addition, Ripple advances in its real and regulatory adoption. On July 9, he announced an alliance with Ctrl Alt to tokenize real estate in Dubai via XRP Ledger and appointed Bny Mellon as custodian of his stablecoin.

For their part, investors are closely The possible approval of the XRP stock quoted funds (ETF). Companies such as Grayscale, Bitwise, 21Shares and Coinshares have already submitted their requests before the United States Stock Exchange and Securities Commission (SEC) to launch these products to the market.

If they receive green light, XRP would gain greater visibility among institutional investors, which could translate into upward pressure on its price.

For these reasons, several traders and analysts maintain bullish perspectives for XRP. Jacobo Maximiliano, financial analyst linked to Exchange Bitget, predicts that cryptocurrency will reach 7 dollars in the current upward cycle.

Adam Cochram, a cryptocurrency market specialist, believes that XRP can climb up to the level of 5 dollars.

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