XRP News Today: XRP Rebounds From $3 Support Amid Bullish Technicals, Bitcoin Volatility, and SEC Uncertainty

Ripple’s XRP has shown mixed signals as it rebounds from a $3.00 support level, trading near $3.20 after a sharp correction last week. The token’s 4-hour chart reveals a reclamation of the 21 EMA and a neutral RSI of 47.89, suggesting potential for upside momentum if it maintains above $3. A breakout above $3.50 could target a previous high of $3.61, with further gains possible if Bitcoin regains strength. Analysts note reduced selling pressure from large holders and stable technical indicators as bullish factors [1].

However, risks persist. A decline below $3.00 could trigger a slide toward $2.80, with $2.50 and $2.20 acting as critical support levels. This bearish scenario hinges on Bitcoin’s performance; a renewed drop in BTC could accelerate XRP’s downward trajectory. Recent liquidations of $18 billion in South Korean markets and an 11% crash following Ripple’s co-founder dumping $140 million in XRP highlight market fragility [3].

Technical analysis remains divided. A cup-and-handle pattern identified on July 10 suggests a potential 70% rebound to $5.15, though this would require sustained bullish momentum [2]. Meanwhile, market analyst Ali Martinez highlighted a TD Sequential buy signal, indicating short-term upward potential [5]. Conversely, bearish momentum in MACD and RSI readings warn of a breakdown below $2.90, which could drive XRP toward $1.7625 [2].

Regulatory uncertainties further complicate the outlook. A 10.34% single-day crash on July 24 pushed XRP below $3.00, driven by $89 million in long liquidations and broader market cooldowns [6]. Ripple’s CEO has also raised concerns about deepfake scams targeting XRP holders, adding to investor anxiety. The SEC’s ongoing legal actions, including its rejection of Bitwise’s XRP ETF, continue to cast a shadow over the asset’s regulatory clarity.

Investors are advised to monitor key technical levels and Bitcoin’s volatility. XRP’s ability to hold above $2.90 will be pivotal in determining whether it consolidates gains or faces a deeper correction. While short-term indicators present conflicting signals, the token’s trajectory remains closely tied to broader market dynamics and regulatory developments.

Source: [1] [XRP Price Prediction: Bullish Rebound After $3, BUT ...] [https://cryptoticker.io/en/xrp-price-prediction-bullish-rebound-or-bearish-breakdown]

[2] [XRP Dips 17% Amid Rare Cup-and-Handle Pattern Tests ...] [https://www.ainvest.com/news/xrp-news-today-xrp-dips-17-rare-cup-handle-pattern-tests-3-support-2507/]

[3] [Analyst Reveals The Real Reason XRP Price Crashed ...] [https://www.mitrade.com/insights/news/live-news/article-3-984519-20250724]

[5] [XRP Price Prediction : Is a Drop Below $3 Looming ? - InvestX] [https://investx.fr/en/crypto-news/is-xrp-price-expected-to-drop-below-3-today/]

[6] [Ripple (XRP), Stellar (XLM) And Remittix (RTX) In June 2025] [https://coindoo.com/live-crypto-price-prediction-ripple-xrp-stellar-xlm-and-remittix-rtx-in-june-2025/]