The XRP price has shown a significant upward movement in recent days, with an increase of over 23% in a short time, indicating an important technical breakout. On July 9, 2025, XRP broke through a long-standing descending triangle, a classic chart pattern that had been in place since January and is considered a signal for a trend reversal. This breakout led to a price increase to currently around $2.59.
Analysis and Forecasts
Analysts see in this breakout the potential for further price gains up to a new all-time high of around $4. AI-based forecasts even expect a price of about $3.50 by the end of July 2025. Technical analysis also shows bullish signals with short-term potential for an increase of about 12 to 15% from the current level.
Fundamental Factors Support the Rise
The positive development is also supported by fundamental factors: Major investors (whales) are increasingly buying XRP, and progress on Ripple projects such as RLUSD, as well as possible ETF approvals, strengthen market expectations. Additionally, the nearly concluded legal dispute between Ripple and the SEC fuels optimism among investors.
For investors, this means:
- Short-term: A possible further rise above the mark of approx. $2.50 with chances for quick gains.
- Medium-term: Achieving a new all-time high around $4.