XRP Surges Past $3: Holders Urged to Ride ETF-Driven Bull Run

Published: 2025-07-16 23:43:03 |

XRP has surged over 33% since July 8, briefly topping $3.04 as traders test key resistance at $3. Technical indicators such as the 0.118 Fibonacci retracement and CoinGlass liquidation heatmaps highlight a potential short squeeze above $3.04. Futures open interest has climbed to $8.11 billion, nearing January’s peak, while on-chain data shows a record 2,743 wallets each holding over 1 million XRP. Market catalysts are driving the current bull run. Anticipated approval of multiple XRP ETFs, a favorable outcome in Ripple’s SEC case and growing institutional backing support further gains. Experts advise holders to secure their assets in cold wallets or trusts and consider using leverage, rather than selling on the first rally. Historical parallels, like missed Amazon gains, underscore the risk of premature exits. Structural trends also point to long-term growth. Industry forecasts predict more than ten XRP ETF approvals by October 2025, stablecoin market expansion to $3.7 trillion and real-world asset tokenization reaching $19 trillion by 2030. A potential SEC settlement could add legal clarity and boost confidence. Technical analysts contend that a sustained close above $3.25 may open the path toward $10 in the next bull cycle. Key support levels to watch include $2.65 and key exponential moving averages. Traders can use these breakout and support zones to position for continued XRP momentum.

Bullish

XRP’s breakout above the $3 resistance signals strong technical momentum, supported by on-chain metrics like record whale accumulation and elevated futures open interest that could trigger short squeezes if prices rise further. Fundamental catalysts such as pending ETF approvals, a favorable Ripple vs. SEC outcome and expanding institutional support add conviction to the rally. Historical precedents warn against early profit-taking, while structural market growth forecasts for stablecoins and tokenized assets underline long-term upside. Technical projections see a close above $3.25 paving the way to $10 in the next bull cycle. Together, these factors point to a bullish outlook for XRP, encouraging both short-term traders and long-term investors to maintain or increase positions.