XRP News Today: XRP Holds Above 50-Day EMA at $2.64, Eyes $5.50 on $3.25 Breakout

XRP has demonstrated resilience above its 50-day exponential moving average (EMA) at $2.64, a critical technical level that underscores mid-term bullish momentum amid broader market consolidation [1]. This performance diverges from the broader cryptocurrency market, where Bitcoin and Ethereum have seen weakened momentum following profit-taking and a decline in the Altcoin Season Index to 37, below the 75 threshold for an alt season [1]. Despite a 16.61% pullback from its all-time high of $3.70, XRP remains within a range defined by its 50-day EMA and the $3.25 resistance level, which analysts view as a pivotal test for renewed bullish momentum [1].

Technical indicators suggest a balanced market dynamic. The RSI for XRP has stabilized at ~55, signaling neutral momentum and a potential pause rather than a breakdown [1]. This neutrality aligns with a larger Elliott Wave structure, where the recent correction may represent Wave 4 of a broader uptrend. A sustained close above $3.25 could confirm the completion of this correction, potentially propelling XRP toward $5.50, according to crypto strategist Man of Bitcoin [1]. On-chain data further supports this narrative, with XRP Ledger wallets reaching 7.24 million and elevated daily active addresses, reflecting growing adoption in DeFi and cross-border payments [1]. Whale accumulation has also persisted, indicating institutional confidence despite short-term volatility.

XRP’s performance highlights a divergence from Bitcoin’s trajectory. While Bitcoin struggles to sustain gains above key EMAs, XRP’s ability to hold above its 50-day EMA has attracted attention from traders seeking assets with clearer utility [5]. This contrast is partly attributed to Ripple’s regulatory progress, including its settlement with the U.S. Securities and Exchange Commission (SEC), which has reduced legal uncertainty but not entirely alleviated global regulatory risks [7]. Analysts note that XRP’s role as a bridge currency in cross-border transactions may insulate it from macroeconomic pressures affecting broader crypto markets [7].

However, risks remain. A breakdown below the 50-day EMA could trigger renewed bearish pressure, as seen in XRP’s 50% correction in early July [4]. Traders are monitoring the $3.00 level as a critical support zone, with a successful breakout potentially unlocking further upside to $5.00. Conversely, sustained weakness could extend the correction phase. Institutional interest in XRP has grown, with trading activity on major exchanges showing a shift toward longer-term accumulation [7]. This dynamic may reflect a reallocation of capital toward assets with established use cases, particularly in payment networks where XRP’s technology is already deployed [2].

The broader market context includes a "Golden Cross" event on July 22, where the short-term moving average crossed above the long-term average—a signal historically associated with bullish trends [3]. While such technical signals are not infallible in the crypto market, they have reinforced optimism among XRP holders. Analysts caution, however, that regulatory developments and global macroeconomic shifts will remain pivotal in shaping XRP’s trajectory [7].

As the market navigates this cooldown phase, XRP’s ability to maintain its position above the 50-day EMA will be a focal point for traders. A sustained hold above $2.64 could validate the bullish case for a new high, while a breakdown may extend consolidation. The asset’s performance may also influence broader altcoin sentiment, particularly for smaller-cap projects seeking traction in a risk-off environment [5].

Source: [1] [Is the Bullish Momentum Over for XRP?] [https://www.bitrue.com/blog/is-the-bullish-momentum-over-for-xrp]

[2] [XRP leaves Bitcoin in the dust? Ripple hits all-time high ...] [https://www.msn.com/en-in/money/markets/xrp-leaves-bitcoin-in-the-dust-ripple-hits-all-time-high-against-btc-in-shocking-surge/ar-AA1IZoSm]

[3] [XRP Golden Cross Confirmed—$6 Incoming?] [https://www.binance.com/square/post/273147****2393]

[4] [XRP price is dropping a bit, here's a GOOD entry point..] [https://www.facebook.com/groups/746839954555935/posts/7474170****4892/]

[5] [Top 10 Cryptos To Invest In July 2025 [By Market Cap]] [https://coindcx.com/blog/crypto-highlights/top-10-cryptos-2025/]

[7] [Analysis: Tapiero ups crypto forecast to $50T] [https://coinjournal.net/news/analysis-tapiero-ups-crypto-forecast-to-50t-compass-point-downgrades-circle-on-valuation/]