XRP, introduced by Ripple Labs, is a cryptocurrency designed chiefly for cross-border payments. With its rapid settlement times and low transaction costs, XRP has gained widespread adoption among traditional financial institutions for moving funds globally. Since the bull market that kicked off at the end of 2023, XRP has enjoyed multiple rallies. By mid-July 2025, heightened institutional interest has accelerated positive market sentiment even further.
Recently, XRP has traded in a range between $3.40 and $3.60. Trading volumes have climbed and investors are increasingly optimistic about its outlook.
According to Finance Magnates, on July 11, 2025, XRP futures volume on the Chicago Mercantile Exchange (CME) soared to $235 million, marking an all-time high. This milestone signals that institutional investors from the traditional finance sector are taking a much more active role in the XRP derivatives market.
CME data show approximately 9,100 XRP futures contracts were traded that day, representing over 82 million units of XRP at spot equivalence. This significant trading activity demonstrates institutional confidence and could serve as a major catalyst for price momentum.
Leading analyst Austin Hilton has stated that XRP is on the “eve of a second breakout.” According to Hilton, if XRP can decisively break through the critical $3.66 resistance and hold above $4.00, the next targets could be $5 or $10, and in the most bullish scenario, $15 in the coming weeks.
He underscores that this projection is founded on the following conditions:
Hilton also warns that unless XRP surpasses its previous all-time high of $3.84, there remains a significant risk of a sharp pullback.
Chart: https://www.gate.com/trade/XRP_USDT
From a technical viewpoint, XRP has successfully broken out above the upper trendline of a symmetrical triangle pattern formed over the past two weeks. It rebounded after retesting support at $3.55. In the near term, the market is focused on several key levels:
The daily RSI has cooled from overbought territory and now hovers near 65. This indicates room for further upward movement, though short-term corrections remain possible.
For new investors bullish on XRP, consider the following:
Consider the following risk factors:
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