XRP is trading at $2.36 as of July 9, 2025, up 2.72% in the past 24 hours and maintaining a weekly gain of 5.5%. The market cap has surged to $139 billion, positioning XRP firmly among the top digital assets by value. Daily trading volume exceeded $4.6 billion, reflecting growing activity ahead of key technical resistance levels.
Price action today ranged between $2.28 and $2.36, showing steady accumulation despite overhead pressure.
Bullish structure remains intact on all timeframes
Short-term charts show XRP trading within a tight band, but momentum is building. On the 1-hour chart, XRP is forming higher lows after bouncing from $2.249, aiming for a breakout above the $2.31–$2.35 range. An intraday push above $2.32 with volume could trigger a rally toward $2.40–$2.50.
The 4-hour chart presents a textbook cup-and-handle formation, with strong support between $2.25 and $2.27. Traders watching this level may re-enter around $2.27–$2.29 or wait for confirmation on a breakout above $2.354. Volume spikes during past rallies suggest institutional accumulation is underway.
On the daily chart, XRP continues its climb from a $1.909 low, making higher highs and higher lows. The resistance zone at $2.35 remains a psychological and technical ceiling. If broken, bullish targets extend to $2.45 and potentially $2.50. Immediate support is holding at $2.20, a critical level for swing traders eyeing pullback entries.
Technical indicators show cautious optimism
Momentum oscillators offer a neutral-to-bullish bias:
- RSI: 58.00 (neutral)
- Stochastic: 78.39 (moderately elevated)
- Awesome Oscillator: 0.065 (neutral bias)
- CCI: 111.22 (mildly bullish)
- MACD: Positive divergence of 0.019 (bullish signal)
- Momentum: 0.1077 (mildly bearish reversal signal)
- ADX: 13.14 (weak trend strength)
While no indicator is showing extreme conditions, the majority align with a slow continuation pattern rather than immediate breakout strength. Traders should monitor volume closely during any attempt to clear $2.35.
Moving averages back the bulls—except one
All major short- and mid-term exponential and simple moving averages (EMAs and SMAs) support a bullish outlook:
- 10 to 100-period EMAs: All below current price, signaling uptrend support
- 10 to 100-period SMAs: All confirm bullish bias
- 200-period SMA: $2.3608, slightly above price, acting as long-term resistance
The 200-SMA is the only key technical barrier standing between XRP and a confirmed long-term breakout. A sustained daily close above it could open the door for multi-day upside.
Ripple executives press for policy clarity in Senate hearing
While charts dominate trader focus, Ripple’s leadership is also playing the long game in Washington. On July 9, Ripple CEO Brad Garlinghouse testified before the Senate Banking Committee, advocating for a clearer regulatory framework for digital assets. Ripple CLO Stuart Alderoty emphasized how real users rely on crypto to solve real financial problems.
Their efforts come as the XRP Ledger (XRPL) continues to roll out institutional-grade features—such as automated market makers (AMMs), compliance-ready tools, and support for tokenized real-world assets including Treasury bonds.
These moves, alongside increased blockchain adoption, support XRP’s thesis as a utility-driven asset primed for regulated financial infrastructure.
XRP vs. Bitcoin: What kind of investor is XRP for?
While Bitcoin continues to dominate headlines with its $109,000 price and ETF-driven inflows, XRP is building an entirely different narrative. It’s not about scarcity—it’s about speed, compliance, and liquidity at institutional scale.
Bitcoin may be better suited for long-term holders seeking slow appreciation, while XRP presents a higher-risk, higher-reward profile tied to network usage and regulation wins. Some analysts recommend blending the two for portfolio diversification, with a higher allocation to Bitcoin for stability and a smaller portion in XRP for potential upside.
Final verdict
Bullish case: If XRP breaks through $2.35 with strong volume, the path toward $2.50 could be swift. With moving averages aligned, an institutional tailwind from tokenization, and favorable market structure, upside potential remains intact.
Bearish case: If XRP fails to hold $2.25–$2.20, short-term bulls may exit, leading to a pullback to $2.15 or even $2.10. Oscillator weakness and fading volume could signal the start of a consolidation phase.
XRP remains one of the most closely watched assets this week—both for its price action and its place in the ongoing debate about crypto’s real-world utility.
This content is brought to you by the FingerLakes1.com Team. Support our mission by visiting www.patreon.com/fl1 or learn how you send us your local content here.