Is XRP Going to Break $3 or Will a Pullback Dominate?
2025-07-16 17:22:55
Main Idea
XRP is currently hovering around the $3 mark, with potential for a breakout or pullback, influenced by technical indicators, Bitcoin's movement, and institutional interest.
Key Points
1. XRP is trading near $3, a key psychological level, with a potential false breakout or pullback to $2.65–$2.75 if not supported by volume.
2. XRP's 4-hour uptrend and 77% correlation with Bitcoin mean BTC's performance heavily impacts XRP's price movement.
3. Analysts remain bullish on XRP, with predictions of new all-time highs above $3, and Bitget Research forecasting a potential rise to $5.
4. Q1 2025 saw $37.7 million in XRP-related inflows, driven by Ripple's ODL and integration of stablecoins and tokenized Treasuries.
5. An XRP-linked ETF (UXRP) may launch on July 18, coinciding with $3.7 billion inflows into crypto ETFs, boosting institutional visibility.
Description
Crypto analyst Cilinix Crypto shared a video where he notes a possible false breakout above the mark unless backed by increased volume He talks about a potential pullback to fill gaps and to expect a drop to $2.65 – $2.75, filling recent imbalances before considering another rally Ryan Lee, the Chief Analyst at Bitget Research, said that XRP could reach $5 by the end of this year At the moment, XRP is hovering around the $3 mark, which is a psychologically important level. A crypto analyst, Cili...
Latest News
- Dogecoin (DOGE) Price Prediction for July 182025-07-17 09:39:24
- Consensys Predicts a $15,800 Ethereum by 2028, Lays Out Its “Trustware” Thesis2025-07-17 09:39:07
- Ethereum Price Today: Breakout Pushes ETH Toward $3,5002025-07-17 08:51:57
- Top 5 Crypto Exchanges in 2025: Why Binance, KuCoin, OKX, Bitget, Coinbase Lead the Pack2025-07-17 08:34:30
- “They Already Paid in Cash. Sorry.”: Ex-SEC Official Debunks XRP Rumors2025-07-17 08:20:25