Overview

• Over the July 24–25 session, XRP fell 8%, triggering more than $105 million in long‐position liquidations while trading between $2.96 and $3.26.
• Price has since held above the critical $3.06–$3.10 support band and the 21-day simple moving average, stabilizing around $3.08.
• Technical analysis indicates XRP has entered the handle phase of a cup-and-handle pattern with a potential upside target near $5.15.
• A U.S. court ruling that secondary-market XRP sales aren’t securities and Polymarket ETF approval odds above 80% have underpinned renewed market optimism.
• Analysts including XPMarket’s Mr. Xoom forecast a rally toward $6–$8 by August if support levels hold and ETF catalysts materialize.