XRP traded in a wide $0.11 range between $3.46 and $3.57 during the 24-hour period ending July 23 at 08:00 GMT. The asset posted a 3% swing as bulls drove price to a session high of $3.57 on 106.4 million volume, before profit-taking triggered a reversal back to $3.46.
The late decline broke key support at $3.50, which had been retested multiple times overnight.
Volume surged as institutional flows reacted to a confluence of catalysts: advancing U.S. crypto legislation, fresh ETF approvals, and long-awaited technical pattern completion. Analysts still point to $6–$15 price targets long term, but warn of short-term consolidation risk.
News Background
• XRP broke above $3.65 last week, completing a six-year symmetrical triangle.• ProShares launched the first XRP futures ETF, marking a milestone in regulated institutional access.• U.S. Congress advanced the GENIUS and CLARITY Acts, pushing forward crypto regulation clarity, fueling fund flows into large-cap digital assets.
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We współpracy z: https://www.coindesk.com/markets/2025/07/23/xrp-pulls-back-after-technical-surge-pattern-still-points-to-6-target
