XRP News Today: XRP Gains Traction with 20% Price Surge, Eyes All-Time High

Generated by AI AgentCoin World
Wednesday, Jul 2, 2025 4:57 pm ET1min read
BTC
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ETH
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XRP
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XRP, the cryptocurrency associated with

Ripple
Labs, has been maintaining a strong support level at $1.81, which has positioned it for a potential all-time high (ATH) between 2025 and 2026. The formation of a bullish cup-and-handle pattern suggests a strong continuation signal in technical analysis. This pattern is expected to be triggered by a price breakout in
Bitcoin
, which is currently trading at $2.17.

According to analysis prepared by Investing Haven,

XRP
is building on a long-term bullish structure. The price has been consolidating between $2 and $2.35, forming a clear handle in a larger cup-and-handle pattern. This setup is often considered a strong continuation signal in technical analysis. The long-term monthly chart reflects a W pattern that has developed over several years. The pattern began after XRP peaked at $3.80 in 2018 and saw two deep corrections. The final leg of the W formation was completed after XRP rallied in late 2024. Analysts see this as a major structural breakout.

XRP recently touched a high of $2.32 and is now trading near its 20-day exponential moving average (EMA), which stands at $2.17. The 50-day simple moving average (SMA) was reclaimed earlier this week, indicating buyer strength. However, sellers have capped gains above $2.35 for now.

According to an observation by BitGuru, XRP has formed both a triple bottom and an inverse head-and-shoulders pattern on the lower timeframe charts. These formations, coupled with sustained support at the $2 level, suggest continued upward pressure. The resolution of the SEC lawsuit and a $50 million settlement has reduced regulatory uncertainty. Ripple Labs CEO Brad Garlinghouse described the settlement as a “fresh chapter” for XRP. This development has revived speculation about a potential XRP spot ETF, with market experts predicting strong institutional interest.

XRP is also gaining traction due to a recent upgrade that introduced

Ethereum
Virtual Machine (EVM) compatibility. This addition is expected to expand XRP’s use in decentralized applications and smart contracts. The combination of these factors—technical patterns, regulatory clarity, and technological advancements—has boosted long-term investor confidence in XRP, setting the stage for a potential ATH in the coming years.