XRP hits all-time high; Is $4 next?
2025-07-18 13:39:20
Main Idea
XRP surged to a new all-time high driven by bullish developments, including regulatory progress and the announcement of a new XRP futures ETF, with speculation about further price increases.
Key Points
1. XRP reached a new all-time high of $3.62, marking a 68% gain over the past month.
2. The U.S. House of Representatives passed the GENIUS Act and CLARITY Act, aiming to establish a clear regulatory framework for digital assets like XRP.
3. ProShares announced the first U.S.-listed XRP futures ETF, contributing to the bullish momentum.
4. XRP has outperformed the broader crypto market since early July, leading gains among top digital assets by market cap.
5. Technical indicators show strong upward momentum, though the RSI suggests XRP may be overbought.
Description
XRP surged past a critical milestone on Friday, July 18, hitting a new all-time high (ATH) fueled by a wave of bullish developments and major crypto-related legislative debates. This week, the U.S. House of Representatives passed three important bills, including the long-anticipated GENIUS Act and CLARITY Act, which aim to establish a clear framework for digital assets, including XRP . Adding fuel to the momentum, ProShares announced it would debut the first U.S.-listed XRP futures exchange-trad...
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