XRP Stuck Below $2.30: Why Is It Not Moving?

Benzinga
07-07

XRP XRP/USD continues to trade below $2.30 but several positive catalysts could propel the popular cryptocurrency to new highs soon.

According to market commentators, XRP may be on the cusp of its most significant rally to date, fueled by both technical structure and fundamental tailwinds.

XRP's explosive moves in 2017 and 2021 followed clean retests of the Exponential Moving Average (EMA). In 2017, XRP skyrocketed 2,000% after an EMA retest, reaching $3.80, while in 2021 it surged 455% to $1.96. 

If XRP were to repeat this move in 2025, it would go to $9.50 if it follows the 2021 pattern or $37.50 if it follows the 2017 cycle.

A crossover of the 21-week EMA and 33-week SMA, expected around September 2025, could confirm the start of a major bull run.

According to the analysis, the three upside levels to monitor are $6.70, $13, and $27.

Also Read: XRP Spikes 3% As Ripple Applies For US Banking License

Data from CoinShares shows XRP attracted $10.6 million in weekly inflows, pushing its year-to-date total to $335 million.

With the SEC set to drop its lawsuit and Ripple's application for a U.S. banking license, regulatory news and ETF-related developments are shaping favorable fundamental catalysts for a potential XRP bull run.

Loading...
Loading...

Read Next:

  • Bitcoin, Ethereum, XRP, Dogecoin Trade Sideways As Trading Volume Decreases

Image: Shutterstock

$XRPRipple
$2.332.55%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
99.50
Price Trend
Short
Medium
Long
Overview
Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10