XRP News Today: XRP Price Discovery Phase Suggests 15% Gains to Historical Peak

XRP, the digital asset, has recently entered a significant phase known as price discovery, a period characterized by heightened trading activity and potential for substantial price movements. On July 19, XRP's price fluctuated between $3.34 and $3.47, a range identified by analysts as a major accumulation level. This price action suggests that XRP is poised for further gains, as it is currently only about 15% away from its historical peak of $3.84. The anticipation among investors and analysts is that XRP could set a new high in the near future.

The entry into price discovery is seen as bullish for XRP. This phase is marked by increased market interest and the potential for the asset to reach new heights. According to one analyst, Severino, the price discovery phase is a positive indicator for XRP, suggesting that the digital asset could experience significant upward momentum. Technically, if XRP maintains its current structure and avoids deep corrections, the path toward $5–$7 could be realistic before the end of 2025. This optimistic outlook is supported by the steady volume and the on-chain metrics that reveal a strong underlying momentum.

Corporate interest in XRP is also on the rise, with whales accumulating large amounts of the digital asset. This increased interest from institutional players further bolsters the bullish sentiment surrounding XRP. The recent passage of U.S. crypto bills has also contributed to the positive market sentiment, as regulatory clarity often leads to increased investment and adoption.

As XRP consolidates below its all-time high, the market is eagerly awaiting a potential breakout. The weekend could be a defining moment for XRP, as the price discovery phase nears. The on-chain metrics and the overall market sentiment suggest that XRP is well-positioned for further gains. However, it is important to note that the cryptocurrency market is highly volatile, and price movements can be unpredictable. Investors should exercise caution and conduct thorough research before making any investment decisions.

According to TradingShot, a prominent chartist on TradingView, XRP’s latest move out of a symmetrical triangle could be the early stage of another explosive run. What stands out is the broader setup: a consolidation phase that mimics XRP’s past cycle, an impending golden cross between the 50-day and 200-day moving averages, and a rally trajectory aligning with the 1.5 Fibonacci extension—suggesting a potential climb toward $8.50 by year-end. Momentum indicators like the Relative Strength Index also mirror historic behavior, showing rising highs as buying pressure builds.

Meanwhile, crypto analyst Severino highlighted a similar narrative, noting XRP’s breakout past the long-standing $3.30 resistance as a major shift into uncharted price territory. He warned, however, that sharp breakouts often end in steep corrections, advising caution despite the excitement.