XRP News Today: XRP Surges to $3.66 Then Falls 7% Amid SEC Actions and Technical Factors

XRP, the third-largest cryptocurrency by market capitalization, has experienced heightened volatility amid conflicting technical signals and regulatory developments. The asset surged to a multi-month high of $3.66 in July 2025 but has since retreated below $3.40, raising questions about the sustainability of its recent momentum. Analysts highlight critical support and resistance levels, with the 20-day exponential moving average ($2.99) and $3.66 resistance emerging as pivotal indicators. A rebound from $2.99 could trigger a rally to $3.66, while a breakdown below this level might signal a deeper correction to $2.60 [1].

Technical analysis from Cointelegraph/TradingView suggests that XRP’s failure to sustain above $3.66 has triggered a pullback, testing the $3.34 support level. If bulls regain control and push the price above the 20-day EMA, the next target would be $3.66, with a potential follow-through to $4.86. Conversely, a failure to hold above $3 could extend the decline to $2.80 or $2.60, prolonging the consolidation phase [1].

Divergent forecasts complicate the outlook. A crypto analyst, Ali Martinez (@ali_charts), predicts a symmetrical triangle pattern could drive XRP to $15 if consolidation resolves favorably [2]. This projection, based on the pattern’s height, contrasts with more conservative targets from AI models, which suggest $5–$6 ranges [3]. Fibonacci extensions also point to a $6.19 target, while monthly forecasts project a narrower $3.39–$3.88 range for July 2025 [1].

Regulatory actions have further influenced sentiment. The SEC’s approval and subsequent pause of the Bitwise XRP ETF led to a 7% price drop to $3.26 in early July [4]. However, institutional interest persists, with the ProShares XRP futures ETF and Teucrium XXRP ETF crossing $500 million in net assets, potentially enhancing liquidity [5]. On-chain data indicates XRP remains in a "bullish structure," with analysts noting the possibility of the $3.60 resistance converting into support [6].

Short-term optimism is tempered by macroeconomic headwinds. Sellers have reemerged at key resistance levels, capping XRP’s momentum after its July surge from $2 to $3.60 [7]. Speculative long-term scenarios, such as a $10 target by 2028, underscore divergent market perspectives but remain unverified [9].

Investors are advised to monitor both technical indicators and regulatory updates. A sustained break above $3.66 could reignite the uptrend, while a prolonged bearish bias might delay recovery. The interplay between institutional adoption and regulatory clarity will likely shape XRP’s trajectory in the near term [1].

Source: [1] [XRP Pulls Back After Technical Surge](https://www.coindesk.com/markets/2025/07/23/xrp-pulls-back-after-technical-surge-pattern-still-points-to-6-target) [2] [Top analyst predicts XRP could soar 430% in the near term](https://finance.yahoo.com/news/top-analyst-predicts-xrp-could-181427816.html) [3] [4 Top AIs Reveal Their XRP All Time High Price for the...](https://coincentral.com/4-top-ais-reveal-their-xrp-all-time-high-price-for-the-2025-bull-market/) [4] [Ripple Price Prediction As SEC Approves And Pauses...](https://coinpedia.org/news/ripple-price-prediction-as-sec-approves-and-pauses-bitwise-etf-holding-xrp/) [5] [Analyst Forecasts XRP Price Surge to $15 As XXRP ETF...](https://coingape.com/markets/analyst-predicts-rally-to-15-as-xxrp-etf-crosses-500m-in-aum/) [6] [XRP Defends Key Levels—Can Ripple Price Convert...](https://bravenewcoin.com/insights/xrp-price-prediction-xrp-defends-key-levels-can-ripple-price-convert-3-60-resistance-into-support) [7] [Ripple (XRP) Price Predictions for This Week](https://cryptopotato.com/ripple-xrp-price-predictions-for-this-week-16/) [9] [How Much XRP Do You Need To Own To Retire By 2028?](https://coincentral.com/xrp-price-prediction-how-much-xrp-do-you-need-to-own-to-retire-by-2028/)