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With the development of the Crypto Assets market in 2025, XRP has once again become the focus of investors' attention. This Token, which was long troubled by regulatory issues, has shown remarkable performance this year. After breaking the $3 barrier at the beginning of the year, XRP reached a historic high of $3.65 in July, demonstrating strong pump momentum.
Recently, the technical breakthrough of XRP and the changes in on-chain data have sparked heated discussions in the market regarding its short-term and long-term potential. Especially with the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple coming to a close, along with the rising expectations for ETFs, it may attract more institutional funds, adding multiple possibilities for the future development of XRP.
In the past week, the price of XRP has risen by 20%, with a noticeable increase in short-term buying power. On-chain data shows that over $100 million worth of XRP has been transferred to major exchanges within 24 hours, indicating an increase in investor interest in this asset. However, the rise in exchange reserves also suggests that some long-term holders may be choosing to take profits at high levels.
From a technical analysis perspective, the XRP daily chart has broken through the downward trend line and formed a bullish pattern within a shorter time frame. The price is currently constructing a potential inverse head and shoulders pattern, and if this pattern holds, the theoretical upward target could reach $3.80. The Bollinger Bands indicator shows that the price is operating near the upper band, reflecting strong bullish sentiment in the market, but it also suggests that a slight pullback may occur in the short term. The Relative Strength Index (RSI) reading is 59, indicating that there is still room for upward movement.
Despite a decrease in trading volume compared to the previous day, XRP remains resilient around $3.25. This volume-price structure has sparked discussions in the market about the continuity of short-term trends. With the development of the global digital economy, the application prospects of crypto assets in cross-border payments and value transfer are becoming increasingly broad, which may provide more growth opportunities for digital assets like XRP.
Overall, the current trend of XRP shows a state of balance between bulls and bears, but technical and fundamental factors seem to favor further rise. Investors should closely follow market dynamics, weigh risks and opportunities, and make informed investment decisions.