XRP Technical Analysis shows a classic bearish pattern on its 4-hour chart - rising wedge, suggesting a potential price pullback. This pattern is composed of upward-sloping converging trendlines, and once the price breaks below the support line, it usually indicates a sharp fall. As of July 8, the trading price of XRP is approximately $2.28, slightly above its 50-day and 200-day MA. Analysts point out that the recent pullback in the crypto assets market is primarily triggered by macro risks. Heightened geopolitical and trade fluctuations may further weaken investors' preference for risk assets (such as crypto assets), accelerating XRP's price break below the wedge support and moving down towards the $2.05 support area.

On Tuesday (July 8), XRP hovered around $2.20, continuing its recent narrow consolidation pattern. The current price level has rebounded about 22% from the June low, and the overall sentiment in the Crypto Assets market has improved. The most significant bullish catalyst (Bullish Catalyst) for XRP lies in its parent company Ripple Labs' potential to challenge traditional cross-border payment giant SWIFT. SWIFT connects over 11,000 banks worldwide and processes over $150 trillion annually. Ripple aims to disrupt this market through its RippleNet network and XRP Ledger technology.

Market optimism regarding the potential conclusion of the SEC lawsuit against Ripple drove the price of XRP to a six-week high of $2.3539 on July 7 (Monday). Although the SEC has remained silent on its appeal plans, recent events have strengthened market expectations that the SEC will abandon its appeal regarding the "XRP programmatic sales ruling." Investors should continue to follow the following key drivers that will determine whether XRP and BTC prices can reach new all-time highs: 1. Latest developments in the Ripple case: SEC appeal plans (whether the SEC will withdraw the appeal). 2. Legislative progress: Advancements in crypto legislation such as the "Market Structure Act." 3. U.S. trade news: Potential retaliatory measures from countries regarding Trump's tariff letters. 4. The Federal Reserve (FED) policy guidance: Signals of hawkish or dovish stance. 5. ETF market fund flows: Trends in fund flows are crucial for the supply-demand balance of BTC.

Today (8) during the Asian afternoon session, Ripple (XRP) has turned to a fall, currently reporting at 2.2701 USD, positioned between the short-term support level and the major resistance level, which has remained at a low point for several months. The price movement has been slowly increasing, but the market has yet to see the breakthrough that long positions have been waiting for.

The price dynamics of XRP show that after successfully breaking through the 2.25 dollar resistance zone and testing the 2.35 dollar high, the current price is retreating below 2.30 dollars. If it attempts to rebound, the price may face initial resistance around 2.280 dollars. The first major resistance level is near 2.2880 dollars.

XRP price successfully broke through the key resistance level of $2.32, with a daily rise of 2.5%. This round of pump momentum mainly stems from three major factors: soaring expectations for the approval of the XRP ETF, a surge in trading volume on domestic CEXs in South Korea, and a massive influx of funds into the derivation market. Gate market shows that XRP has slightly retreated, currently reported at $2.2594, with a 24-hour slight fall of 0.45%. According to CoinMarketCap data, XRP's 24-hour volume has big pumped by 75% to $3.88 billion, and its market capitalization has risen by 2.5% to $137.48 billion, indicating a significant increase in market activity.

Today (8), in the Asian early trading session, Ripple (XRP) did not follow the downward trend of the Bitcoin market, with the coin price rising to $2.25. The market's optimistic sentiment regarding the potential conclusion of the lawsuit between the SEC and Ripple has driven Ripple to reach a high of $2.3539 earlier this week.

Bitcoin today (8) is experiencing a pullback, currently reported at around 108,000 USD, after previously facing strong dumping pressure near the 110,500 USD mark, indicating the short positions' determination to defend this important resistance level. However, for the long positions, an encouraging signal is that the price remains above the MA, reflecting the firmness of investor sentiment and the current lack of profit taking.

BlockBeats news, on July 1, according to market information, the US-listed mobility service provider Webus International Limited (WETO) expanded its intraday rise to 87.44% before retreating, currently with a rise of 22.4%, and the stock price is reported at 2.668 USD, with a volume of 148 million USD. Today, Webus announced that it has obtained a 100 million USD credit line from Ripple Strategy, which may be used to establish XRP reserves.

Gate News bot message, China's customized car service platform Webus has signed a conditional securities purchase agreement with Ripple Strategy Holdings to obtain a $100 million preferred equity credit line. The commitment of 100 million USD is subject to the effectiveness of the registration statement with the U.S. Securities and Exchange Commission (SEC) and the consent of the company's existing underwriters.

Gate news, on June 28, Ripple Labs CEO Brad Garlinghouse announced on social media that Ripple will abandon cross-appeals in the case against the SEC, and Ripple will turn the page completely, focusing on the most important matter—building the value internet, with the overall situation already determined. This also means that Ripple will accept a $125 million fine and the permanent injunction will continue to be in effect. This latest development is significant for both Ripple and XRP. A new month has begun, can XRP welcome a rise?

Gate news, the crypto assets market is entering a critical week! The SEC's approval of Grayscale's diversified crypto ETF application that includes XRP has instantly ignited the rise of XRP, significantly boosting market expectations for the approval of an XRP spot ETF within the year—Bloomberg analysts even provided a probability as high as 95%. Meanwhile, Bitcoin has paused its three-day rise, but its spot ETF market is on track to break the record for 16 consecutive days of inflows, highlighting strong institutional demand. With the SEC's final review results for Grayscale's new ETF about to be unveiled, and the potential withdrawal of the key appeal in the Ripple case, can XRP ride the ETF wave to enter a big pump mode? Can Bitcoin reach new highs amid interest rate cut expectations and policy games? The July market may thus be set to unfold.

Gate.io News Bot 消息，2025年07月01日，据 CoinMarketCap 数据显示，以下是过去24小时内热度最高的5个币种及其行情信息：1️⃣ BTC (Bitcoin)🔥 热度排名：#1 | 当前价格：$107167.91（24H -1.23%）2️⃣ XRP (XRP)🔥 热度排名：#2 | 当前价格：$2.22（24H +1.25%）3️⃣ SOL (Solana)🔥 热度排名：#3 | 当前价格：$153.35（24H +0.76%）4️⃣ HFT (Hashflow)🔥 热度排名：#4 | 当前价格：$0.11（24H +76.13%）5️⃣ TRU (True

According to Gate, recently, the enthusiasm in the crypto assets market has surged, mainly due to the skyrocketing price of Bitcoin (BTC), which once reached an unprecedented $111,814. However, the escalating conflicts in the Middle East have temporarily suppressed the momentum of market development, causing it to stagnate while the market is warming up. Against the backdrop of the international community urging a ceasefire, digital asset prices are expected to rebound, and more and more people speculate that 2025 may usher in a new era of record valuations.

Gate News bot news, Bloomberg ETF analysts James Seyffart and Eric Balchunas believe that the likelihood of the United States SEC approving Spot ETFs for Litecoin, Solana (SOL), and Ripple (XRP) in 2025 is 95%. Both are known for their past accurate predictions.

Gate News bot news, according to the announcement on June 30, the XRP Ledger (XRPL) has launched its Ethereum Virtual Machine (EVM) sidechains on the Mainnet.

Gate News bot message, Bloomberg ETF analysts James Seyffart and Eric Balchunas in their latest report suggested that the probability of the SEC approving Spot ETFs for LTC and XRP this year is 95%. These two analysts have gained significant attention for their accuracy in cryptocurrency ETF predictions. Source: Wu Says

According to Gate News bot, FOX Business reporter Eleanor Terrett reported that well-known ETF analysts James Seyffart and Eric Balchunas believe there is a 95% chance that the U.S. Securities and Exchange Commission (SEC) will approve the Spot ETFs for Litecoin (LTC) and Ripple (XRP) this year. These two analysts have had a track record of mostly accurate predictions.

According to Gate news, today (1) in the Asian morning session, Bitcoin remains strong above $107,000. U.S. President Trump threatens to impose tariffs on Japan, and the EU will accept Trump's 10% tariff, but seeks key exemptions. The dollar has fallen significantly, and market participants are cautious ahead of Federal Reserve Chairman Powell's speech at the European Central Bank forum in Portugal, while also following trade developments and the possibility of further easing by the Federal Reserve.

According to CoinDesk, the Latin American crypto assets exchange Mercado Bitcoin plans to tokenize over $200 million of real-world financial assets (RWA) on the XRP Ledger (XRPL), including fixed-income and equity instruments, marking one of the largest tokenization initiatives by institutions in Latin America on the XRPL.

The well-known opinion leader in the encryption field "Stellar Rippler" has put forward a disruptive interpretation of President Trump's new bill, attracting widespread attention. Although mainstream media refers to it as tax and spending reform, he believes it is a key step towards a Financial System Reset, with XRP and XLM at the core of this transformation.

After a poor performance on July 5, the cryptocurrency market has seen a rebound today, but there are concerns that this rebound is just a flash in the pan. Major crypto assets such as BTC, ETH, SOL, and ADA have achieved significant rises, while memecoins have also shown impressive gains.

After successfully bottoming out around the $2.20 area, XRP has opened a steady upward trend. The current price movement shows positive signals, and XRP is expected to break through the $2.285 resistance level, continuing its rise. Similar to Bitcoin and Ethereum, XRP has initiated a new round of pumping after successfully holding above $2.220, and has effectively broken through the key resistance level of $2.2320.

As the crypto assets market opened higher this week, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing new signs of strength. BTC closed above $109,000 after confirming a breakout from the consolidation phase. Meanwhile, ETH and XRP remain strong near key support levels, indicating the potential for further increases in the future.

The price of XRP successfully halted its two-day decline on July 6th (last Sunday), rising by 2.4% to close at $2.2727. This rebound in XRP is primarily attributed to investors' anticipation of the latest developments in the Ripple case, especially the imminent key announcement from the SEC regarding its appeal plans.

Despite the significant Fluctuation in the price of Ripple (XRP) over the past seven days, community sentiment is becoming increasingly optimistic. Notably, several top Crypto Assets analysts have made a series of bold predictions about Ripple. Meanwhile, an important Real World Asset (RWA) tokenization project promises to enhance the demand and utility of Ripple globally by tokenizing $200 million worth of assets on the XRP Ledger.

Gate News bot message, The Block reports that the XRP Ledger officially launched EVM sidechains on the Mainnet. This sidechain was jointly developed by Ripple, Peersyst, and Axelar, built on the Evmos software stack. The new sidechains run in parallel with the Mainnet, combining the low-cost transaction features of the XRP Ledger and the smart contract functionality of Ethereum, allowing developers to now build on it.

According to Gate News bot, as reported by The Block, the XRPL EVM sidechain has officially launched its Mainnet operation. This sidechain introduces Ethereum smart contract functionality to the XRP Ledger ecosystem, providing users with a development environment for decentralized applications. As a parallel-running Blockchain, the XRPL EVM sidechain successfully integrates the low-cost features of the XRP Ledger.

Gate News bot message, on June 30th, the XRP ledger ecosystem achieved a significant breakthrough, with the EVM sidechain officially logging in to the Mainnet. This innovation brings Ethereum smart contract functionality to the XRP ecosystem, providing developers with a cross-chain Ethereum-compatible application deployment platform. This sidechain was launched by a blockchain network related to Ripple, integrating the XRP ledger.

Gate News bot message, just as the XRP community is pondering the recent ruling made by Judge Torres in the Ripple lawsuit, former SEC lawyer Marc Fagel explained on X posts why the judge did not dismiss the case. Fagel stated that the reason the judge did not dismiss the case may be because she found that Ripple raised hundreds of millions of dollars through the sale of unregistered securities. Fagel claimed that Ripple is suspected of illegal financing through the sale of unregistered securities, so action is necessary.

According to Gate, as of Monday when this article was written, the price of Bitcoin (BTC) hovers around $108,500, which is only about 3% away from its all-time high. Ethereum (ETH) closed above a key resistance level, possibly indicating a continuation of upward momentum in the future. At the same time, Ripple (XRP) is approaching a critical level; if it successfully breaks through, it may drive its upward momentum in the short term.

Gate News bot news, according to CoinGape, as the legal dispute between Ripple and the United States Securities and Exchange Commission (SEC) gradually comes to an end, Ripple CEO Brad Garlinghouse is doubling down on the XRP project and views his tattoo as a symbol of commitment. Recently, with the latest news of Ripple (XRP) showing strong growth in network fundamentals, Garlinghouse will further enhance this project.

The Ripple ecosystem is rapidly heating up! XRP trading activity has significantly increased, and long positions have set their sights on the elusive $3 target price. The open interest in call options has surged, especially around the $2.80 and $3 strike prices, which strongly suggests that market confidence in a breakout is increasing. Furthermore, some bold traders have even turned their attention to the $4 high, with the expiration date of the relevant contracts set for September 28, 2025.

XRP traders should closely follow the defense of the 2.2250 USD trend line support and the 2.20 USD Fibonacci support, as well as the price's reaction to the 2.30 / 2.32 USD resistance area, which will provide important guidance for the short-term trading direction of XRP. The Technical Analysis of XRP shows that it is at a critical decision point in the short term.

Vincent Van Code, a renowned software engineer and long-time XRP advocate, expressed his views on the far-reaching impact of Ripple's application for a U.S. banking license and a Federal Reserve master account, sparking a new round of discussions within the entire crypto community. Ripple confirmed these two developments on July 2, an action that could position the company at the core of cryptocurrency innovation and traditional financial infrastructure.

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) displayed strong momentum before the weekend. Bitcoin broke through its recent consolidation phase, climbing above $109,000 and approaching its all-time high. At the same time, ETH and XRP closely followed in Bitcoin's footsteps, closing above key resistance levels, indicating a positive market outlook and the potential for continued upward movement in the short term.

On July 3, 2025 (Thursday), rumors about the U.S. Securities and Exchange Commission (SEC) possibly voting in a closed-door meeting to decide to withdraw its appeal against the key ruling in the XRP case have become a focus in the crypto market. Crypto analyst Xaif stated that the rumors suggest "the SEC may officially withdraw the lawsuit at 2 PM Eastern Time on July 3." However, former SEC lawyer Marc Fagel believes that it is unlikely the SEC will vote so quickly after Judge Analisa Torres just denied a preliminary ruling on the settlement terms, and the withdrawal process may take several weeks or even longer. He emphasized, "The SEC still needs to vote to decide to withdraw the appeal, and then both parties need to submit documents to formally withdraw their respective appeals for the district court's judgment to take effect." Pro-crypto lawyer James 'MetaLawMan' Murphy stated, "The SEC and XRP can withdraw their appeals without court permission. I predict both appeals will be withdrawn soon, as both parties' lawyers should foresee that Judge Torres will not overturn her previous ruling."

Today (4th) in the Asian early session, Ripple (XRP) is caught in a tug-of-war between bulls and bears, with the price currently reported at 2.2432 USD. Investors are closely watching the important announcement from the SEC, as various rumors have increased the demand for XRP. Investors believe that the SEC may vote to decide whether to withdraw the appeal at the originally scheduled closed-door meeting.

According to the Gate News bot, Cointelegraph reports that since the beginning of March, the price of XRP has been hovering between $2.00 and $2.60, without a clear directional trend. However, some factors suggest that this stagnation may soon be replaced by a significant breakthrough into double digits.

Ripple (XRP) is once again under the attention of bullish traders, with previous reports stating that Ripple is applying for a banking license, which could drive the price of XRP up while promoting the adoption of RLUSD stablecoin. This development also raises the question: Can XRP really rebound 32% again, reaching $3?

According to CoinDesk, in the past 24 hours, the price of the payment-focused crypto asset XRP has risen by more than 3.5%. Meanwhile, the volume data of the options market on the Deribit exchange has significantly increased, indicating that traders are bullish on the future of XRP.

Due to the tariff agreement reached between the United States and Vietnam, as well as the increase in global M2 money supply, Bitcoin (BTC) rebounded today (3rd) to above 108,800 USD, with open interest (OI) surging to 689,780 BTC, worth approximately 7.5 billion USD. The overall Crypto Assets market also rose alongside BTC, with major alts Ether (ETH), Ripple (XRP), and Solana (SOL) increasing by 7%, 3%, and 4% respectively.

Since the beginning of the year, the price of XRP has been in a narrow range of fluctuations, as the positive factors driving its rise have diminished. However, with **Grayscale ( gaining approval from the SEC ) to convert its digital large-cap fund (GDLC) that includes XRP into a Spot ETF (, traders holding XRP are optimistic that this could trigger a new pump.

Ripple CEO Brad Garlinghouse clarified on the X platform that XRP is different from Ripple shares, and Linqto is an independent company holding 4.7 million shares of Ripple. Although the value of the shares has risen, Ripple is not aware of Linqto's management and business activities.

PANews July 2 news, according to Whale Alert monitoring, 17 minutes ago, 300 million XRP Tokens (approximately $659.82 million) were locked in Ripple's accomplice account.

As the bullish momentum continues to wane, Bitcoin (BTC), Ether (ETH), and Ripple (XRP) have shown signs of weakness mid-week. BTC continued its downward trend, with the trading price dropping below $106,000, while ETH and XRP fell below key support levels, raising market concerns about further pullbacks in the future.

Today (2), Ripple (XRP) slightly rebounded to $2.18, but failed to recover the losses from overnight. Despite holding the support level of $2, the price of XRP has not shown any significant changes in recent months. This poor performance has led Whales to sell off their held Tokens, with 560 million XRP leaving these Large Investors' Wallets in the past two weeks, increasing the likelihood of XRP falling to $1.85.

As signs of a potential breakthrough gradually emerge, XRP has once again attracted attention. With market sentiment gradually shifting, XRP has held its key support level, and analysts believe that the next wave of impact may be a foregone conclusion. If the momentum continues to strengthen and the key resistance level is broken, XRP could be on the verge of a explosive rise, possibly reaching as high as 8.5 dollars.

Gate News bot reports that, according to an announcement released on Friday, digital broker Robinhood Markets (stock code: HOOD) has launched micro XRP and Solana (SOL) futures, expanding its cryptocurrency product lineup. The company also introduced a micro version of its existing Bitcoin Friday futures product.

Gate News bot news, Ripple CEO Brad Garlinghouse announced that Ripple will abandon its cross-appeal against the SEC, and the SEC will also take the same approach by abandoning its appeal against the crypto assets company. He further pointed out that both parties will completely end this phase and focus on what truly matters, which is building the value internet. Just a day prior, Judge Torres dismissed the joint motion for a declaratory judgment in the XRP lawsuit.