xrp today 22/7/2025 will go up or down?
7/22/2025 08:41pm
**Ripple (XRP) is likely to experience a bullish trend today, July 22, 2025.** Here's why:
1. **Recent Price Surge**: XRP has seen a significant price increase, with a closing price of $3.52 on July 22, 2025. This is a notable rise from the $2.79 price point following the partnership with BNY Mellon and the banking license application.
2. **Partnership with BNY Mellon**: The partnership with BNY Mellon has boosted confidence in Ripple's institutional integration, driving the price above $2.46 and solidifying XRP's position as the third-largest cryptocurrency by market cap. This strategic move is expected to further enhance XRP's credibility and adoption in the financial sector.
3. **Banking License Application**: Ripple's application for a U.S. national banking license and a Federal Reserve master account is a positive indicator, as it signals compliance with regulatory requirements. This could attract more institutional investors and further boost the coin's legitimacy.
4. **Technical Indicators**: XRP has confirmed a bullish breakout from its prolonged descending wedge pattern, which is a strong bullish signal. The coin has also broken above its 100-day moving average at $2.2 and completed a successful pullback, suggesting potential for continued upward movement.
5. **Market Sentiment**: The overall market sentiment for XRP is positive, with recent news of increased adoption and strategic partnerships. The issuance of over $100 million in RLUSD since April 1, 2025, demonstrates growing demand for Ripple's stablecoin.
In conclusion, today's trend for XRP is expected to be bullish, with the potential for the coin to reach new all-time highs, provided it can hold above the $3 threshold. However, it's important to note that as with any investment, there are risks involved, and investors should be prepared for possible short-term consolidations or corrective pullbacks.