#xrp price

XRP Price Jumps 15% After Ripple Court Win — Analysts Hint at $1 Breakout

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As of 10 July 2025, XRP is trading at $2.44 after adding roughly 5 % in the last 24 hours, extending a weekly climb that began when bulls defended the $2.30 zone. With trading volume topping $3.1 billion and open interest rising, momentum indicators are pointing to a potential breakout that could reshape near-term price action. H2: Key Price Levels to Watch • Immediate resistance: $2.46–$2.50. A daily close above this range would confirm a fresh higher high and expose $2.65, the next cluster of sell orders highlighted by Coindesk analysts. • Primary support: $2.34. Losing this level risks a retest of the 21-day EMA near $2.27, where dip-buyers have repeatedly stepped in since late June. • Macro target: $6.00. Option flow shows sizable call interest at this strike for Q4 2025, underscoring longer-term optimism among derivatives traders. H2: Fundamental Tailwinds H3: SEC Lawsuit Approaches a Resolution The U.S. SEC has scheduled a closed meeting for 10 July that commentators call a potential “endgame” moment in the multi-year Ripple lawsuit. Ripple already dropped its cross-appeal in late June, and insiders expect the regulator to follow—removing a legal cloud that has capped valuations since 2020. Legal clarity could unlock new listings on U.S. trading venues and ignite institutional inflows. H3: Whale Accumulation and On-Chain Metrics Santiment data shows wallets holding 10 M–100 M XRP boosted balances by 120 M tokens over the past week, the biggest seven-day uptick since March. Historically, similar spikes preceded price rallies of 18 % on average within 30 days as liquidity tightens and retail FOMO builds. H3: Ripple’s Real-World Integrations Beyond courtroom drama, Ripple continues to sign central-bank pilots for its CBDC platform and just announced a treasury-management partnership with BNY Mellon, widening enterprise use cases. These deals strengthen the “utility” narrative, a core pillar for analysts targeting double-digit prices by 2026. H2: Technical Outlook – Are Bulls Ready for the Next Leg? • RSI on the daily chart is printing a bullish divergence after resetting from overbought territory, suggesting momentum is re-charging. • A golden cross between the 50- and 200-day moving averages formed last week—often a precursor to sustained upside moves. • Fibonacci projections from the June swing low of $1.95 flag $2.88 (0.618) and $3.30 (0.786) as logical mid-cycle checkpoints. H2: Short-Term Price Scenarios Bull Case: A decisive push through $2.50 accompanied by ≥$4 billion in 24-hour volume may catapult XRP toward $2.88 within days and $3.30 before August. Breaking $3.30 would bring the psychologically important $5 handle into play ahead of potential ETF filings. Bear Case: Failure to clear $2.46 could trigger profit-taking back to $2.27. A daily close below $2.20 would invalidate the bullish setup and open the door to $1.95. H2: How Traders Are Positioning • Futures funding rates turned positive (+0.07 %) on major exchanges, signifying a bias toward leveraged longs. • The options market shows a 58 % 30-day put/call ratio, the most bullish skew since April. • DEX liquidity pools for XRP/USDC saw a 17 % TVL jump this week, hinting at growing DeFi demand. H2: What to Watch Next 1. Outcome of the SEC’s closed meeting—confirmation of a settlement could trigger a swift re-rating. 2. U.S. CPI data tomorrow; a lower print may fuel the broader crypto bid and amplify XRP’s breakout. 3. Ripple Swell conference in September, where additional bank integrations are expected. H2: Bottom Line XRP sits at a pivotal juncture with converging technical strength and fundamental catalysts. If bulls seize control above $2.50, the path toward $3 and beyond looks increasingly viable. Traders eyeing exposure should monitor volume confirmation and regulatory headlines, as both could determine whether 2025 becomes the year XRP finally leaves its multi-year range behind.

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