XRP News Today: XRP Maintains $2.64 EMA Support Amid 16.61% Downturn; $3.25 Threshold Key to Potential $5.50 Rally

XRP has demonstrated resilience amid a broader cryptocurrency market cooldown, maintaining its position above the 50-day exponential moving average (EMA) at $2.64, a key technical benchmark for assessing mid-term trend health [1]. This strength contrasts with mixed signals observed in other major cryptocurrencies, as the Altcoin Season Index has fallen to 37, signaling a retreat from altcoin dominance and reinforcing Bitcoin’s growing influence [1]. Despite a 16.61% pullback from its all-time high of $3.70, XRP’s ability to hold above critical moving averages suggests the correction is part of a standard market cycle rather than a bearish reversal [1].

Technical indicators further underscore this narrative. The token’s Relative Strength Index (RSI) remains at 55, indicating neutral momentum and equilibrium in buying and selling pressure [1]. This stability aligns with historical patterns where corrections above key EMAs often precede reaccumulation phases. Analysts, including Vlad Hyrniv and crypto strategist Man of Bitcoin, highlight that XRP’s current structure resembles a Wave 4 correction within a larger Elliott Wave framework. A sustained close above $3.25 could confirm the completion of this phase, potentially propelling XRP toward a new high of $5.50 [1]. On-chain data supports this bullish outlook: XRP Ledger wallets have surged to 7.24 million, while elevated daily active addresses and whale accumulation signal confidence among large holders [1].

The token’s recent performance also reflects broader on-chain dynamics. A surge in institutional participation and growing adoption in DeFi and cross-border use cases have driven volume spikes on the XRP Ledger [3]. These developments coincide with regulatory clarity following Ripple’s SEC settlement, which has bolstered market confidence in the asset’s compliance framework [4]. Meanwhile, XRP’s technical structure diverges from Bitcoin’s, which faces resistance at $122,000 despite remaining above multiple EMAs [6]. This divergence underscores XRP’s focused accumulation phase, marked by concentrated volume and a more defined price trajectory.

However, market observers caution that XRP’s trajectory remains contingent on maintaining its position above the 50-day EMA. A breakdown below $2.64 could reignite selling pressure, particularly if broader crypto markets fail to regain bullish momentum. Conversely, a sustained move above $3.50 may trigger expectations of a test at the $5 resistance level [5]. Traders are now closely monitoring the $3.25 threshold as a critical confirmation point for renewed upward momentum [1].

The current environment highlights XRP’s unique positioning within a broader market correction. While the token has experienced a temporary decline, its technical and on-chain fundamentals suggest resilience amid volatility. With regulatory tailwinds and institutional interest providing additional support, XRP’s ability to hold above key moving averages could position it as a potential catalyst for renewed market optimism in the coming months.

Sources:

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

[2] [Top 10 Cryptos To Invest In July 2025](https://coindcx.com/blog/crypto-highlights/top-10-cryptos-2025/)

[3] [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)

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

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

[6] [When Will the Crypto Market Bull Run Begin in 2025?](https://coindcx.com/blog/crypto-deep-dives/crypto-bull-run-2025/)