XRP News Today: XRP Drops 10.09% as $3.60 Surge Fails, Regulatory Clarity Lags

XRP, one of the most closely watched cryptocurrencies in the second half of 2025, has seen a sharp pullback after surging past $3.60 earlier in July. The rally, fueled by institutional adoption, regulatory clarity, and technical breakout patterns, encountered resistance at key levels, triggering volatility and a retracement to around $3.19 as of July 28. The cryptocurrency is now consolidating between $3.16 (support) and $3.30 (resistance), with analysts debating whether this reflects the end of a bull rally or a healthy correction.

The recent price action has been shaped by multiple factors. A failed breakout above $3.60 intensified selling pressure, pushing XRP into a 24-hour decline of -0.58% and a 10.09% drop over seven days. This decline coincided with broader market weakness, as Bitcoin fell below $116,000 and altcoins like Solana and Dogecoin mirrored XRP’s 3–4% losses. Leveraged long positions, totaling over $105 million, were liquidated amid profit-taking and uncertainty around ETF approvals, particularly linked to the Genius Act and pending regulatory developments such as the Clarity Act [1].

Technical analysis highlights critical thresholds for XRP. A recovery above $3.30 could reinvigorate bullish momentum, potentially pushing the price toward $3.40 and beyond. However, a breakdown below $3.00 would invalidate the current constructive structure, exposing XRP to further declines toward $2.75. The 20-day EMA and trendline support converge near $3.15–$3.17, making this range a pivotal area for near-term stability. Analysts note that higher lows are forming, but bullish conviction has waned as the broader market remains risk-off [2].

Long-term fundamentals for XRP remain robust, with institutional interest and Ripple’s expanding payment integrations underpinning the bullish case. Standard Chartered and other institutions have set medium-term price targets between $3.40 and $5.50, while some crypto-native pundits project $6.00+ if momentum resumes. However, these forecasts hinge on regulatory clarity and sustained ETF optimism. Short-term volatility is expected to persist, with analysts cautioning against overreliance on leveraged bets amid uncertain policy environments [3].

Three scenarios outline XRP’s potential trajectory in the coming week. The base case envisions stabilization between $3.10 and $3.20, with a possible rebound to $3.30–$3.40 if Bitcoin and altcoins recover. A bull scenario hinges on renewed ETF-driven demand, testing the $3.55–$3.60 resistance. Conversely, a bear scenario warns of a breakdown below $3.00, potentially accelerating declines toward $2.50.

Despite near-term turbulence, the broader narrative for XRP remains positive. Institutional inflows and regulatory progress continue to attract attention, though immediate risks from market corrections and policy delays cannot be ignored. Analysts emphasize that investors should prioritize fundamental research and risk management, given the asset’s inherent volatility.

Source: [1] [title1XRP price prediction – end of the XRP bull rally or a healthy correction?] [url1https://coinmarketcap.com/community/articles/68877ed5fb184a125f70cc88/]

[2] [title1XRP price prediction – end of the XRP bull rally or a healthy correction?] [url1https://coinmarketcap.com/community/articles/68877ed5fb184a125f70cc88/]

[3] [title1XRP price prediction – end of the XRP bull rally or a healthy correction?] [url1https://coinmarketcap.com/community/articles/68877ed5fb184a125f70cc88/]