XRP News Today: XRP Eyes $10 Rally as Technical Indicators and SEC Ruling Boost Sentiment by July 2025

XRP, the digital asset associated with Ripple’s blockchain network, is consolidating near its highest levels in months, with technical indicators and market sentiment suggesting a potential rally toward $10 by July 23, 2025. Recent price action has formed a bull pennant pattern on the 4-hour chart, a continuation formation often followed by upward momentum. A breakout above $3.45 could propel the token toward $4.20, calculated by measuring the height of the initial rally from the pennant’s formation [1]. XRP’s position above its 50-day exponential moving average and a relative strength index (RSI) near neutral levels further support the bullish case, indicating sustained buying pressure without immediate overbought conditions [1].

The resolution of Ripple’s long-standing SEC lawsuit in early 2025, which clarified XRP’s regulatory status as a non-security, has bolstered institutional confidence. This development coincided with the launch of the ProShares Ultra XRP ETF, which has driven XRP’s market capitalization beyond $210 billion, securing its position as the third-largest cryptocurrency by market cap [1]. Analysts note that the token’s dominance index, currently at 5.30%, remains below a critical resistance level of 5.50%. A breakout above this threshold could signal renewed strength, potentially pushing XRP toward a $7–$10 price range [1].

Technical analyses highlight additional catalysts. A MACD crossover on the weekly chart—a momentum indicator historically linked to significant rallies—has reinforced the bullish outlook. Milkybull Crypto, a market analyst, points to a Fibonacci extension target of $5.32, with more aggressive scenarios projecting $8 as a potential price level [2]. Historical patterns, such as a 450% surge following a similar MACD setup in late 2024, underscore the indicator’s predictive value [1].

While the $10 target remains speculative, the convergence of technical signals and regulatory clarity has attracted attention from traders and investors. Binance projects a short-term target of $3.57 by July 22, 2025, while Coinpedia offers longer-term forecasts of $5.05 by 2025’s end and $26.50 by 2030. These projections, however, depend on macroeconomic stability and favorable regulatory conditions [3].

The XRP Dominance Index, a measure of its market share relative to other cryptocurrencies, is cited as a leading indicator. Analyst Dom suggests that a sustained increase in dominance often correlates with price appreciation, reflecting growing investor preference for XRP over competing assets [1]. Current on-chain data, including elevated buying pressure and improved liquidity, further supports the possibility of a breakout above key resistance levels [4].

Investors are advised to differentiate between current data and analyst forecasts. While XRP’s consolidation near $3.45 is factual, the $10 target by July 23 is a speculative projection. The token’s trajectory will depend on factors such as network upgrades, macroeconomic trends, and broader crypto market dynamics. A successful breakout could validate bullish narratives, while a pullback might reignite bearish sentiment [5].

Sources:

[1] [XRP Consolidates Near Multimonth High as Analysts Suggest Possible Rally Toward $10 July 23, 2025](https://en.coinotag.com/xrp-consolidates-near-multimonth-high-as-analysts-suggest-possible-rally-toward-10/)

[2] [Ripple XRP Price Prediction 2025, 2026-2030](https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/)

[3] [Latest xrp News, Opinions and Feed Today](https://www.binance.com/en/square/hashtag/xrp%F0%9F%94%A5%F0%9F%94%A5)

[4] [XRP / TetherUS Trade Ideas](https://www.tradingview.com/symbols/XRPUSDT/ideas/?sort=recent)

[5] [XRP Eyes Explosive Growth: A Path to $10](https://www.tradingview.com/ideas/movingaverage/)