Home Altcoins News XRP Price Rises Past $2.20, Eyes $3

XRP Price Rises Past $2.20, Eyes $3

XRP Price Rise

Ripple’s XRP has entered July 2025 on a strong bullish note, surging past the $2.20 mark, driven largely by the recent introduction of its Ethereum Virtual Machine (EVM) sidechain on the mainnet. This significant development is a game-changer for the XRP ecosystem, enabling Ethereum-style smart contracts on the XRP Ledger for the first time. This upgrade paves the way for a wave of decentralized applications (dApps), wallets, and cross-chain bridges, effectively bridging XRP with Ethereum’s vast network. Market enthusiasm surrounding this introduce has fueled a renewed momentum for XRP, placing it on the radar for further upside potential.

The introduction of the EVM sidechain has long been anticipated by the Ripple community and crypto investors alike. By enabling developers to build Ethereum-compatible applications directly on the XRP Ledger, this upgrade enhances XRP’s functionality and attracts new capital inflows, innovation, and partnerships. It also aligns XRP with broader trends in the decentralized finance (DeFi) space, where interoperability and smart contract capability are key drivers of value. This fundamental upgrade comes at a time when altcoins are gaining traction, and XRP’s price action is showing strong alignment with the broader bullish market sentiment.

Popular crypto analyst CasiTrades has closely followed XRP’s price action and recently provided a bullish forecast for the token in July. According to Casi, XRP is currently following a bullish breakout pattern that he had predicted earlier this year. XRP has surged toward $2.30, with the critical next step being a pullback to around $2.25. This level represents the 0.382 Fibonacci retracement on the macro scale and serves as an essential support zone. Casi emphasizes that if XRP can hold $2.25 as a new support level, it will confirm a key breakout, signaling the potential for a significant upward move.

Technical indicators further support this optimistic outlook. Notably, the Relative Strength Index (RSI) on lower timeframes shows no signs of bearish divergence, which means the current rally is backed by genuine buying volume and momentum rather than speculative hype. Casi notes that if the RSI resets positively during a retest of the $2.25 zone, XRP could build the momentum needed for a breakout toward new highs, potentially reaching or surpassing its all-time high levels. The current clean momentum and absence of weakness suggest the bullish trend is still intact.

Looking ahead, if XRP successfully holds the $2.25 support level, the next major resistance points are anticipated at $2.69 and then $3.04. Breaking through these resistance levels would open the door to what traders often call “blue skies” — a price zone with minimal overhead resistance and significant potential for further gains. Given the current technical setup and fundamental developments, XRP’s price could be set for a strong rally in July.

Adding to the bullish case, the ongoing Ripple vs. SEC legal battle appears to be nearing its end, with Ripple recently dropping its appeal. This legal clarity could remove a major overhang that has long weighed on XRP’s price. Moreover, rumors and speculation about a potential XRP exchange-traded fund (ETF) have been circulating, which could further fuel buying interest and institutional adoption. Together, these factors contribute to an environment ripe for a bullish breakout.

While past months have seen XRP struggle to gain sustained momentum, the combination of ecosystem upgrades, improving technical indicators, and positive market developments points toward a brighter future for the token. The XRP community, often referred to as the XRP Army, is watching closely to see if $2.25 will hold as a firm support level. Should this critical threshold be defended, XRP may well continue its march toward $3 and possibly beyond.

In conclusion, Ripple’s XRP is showing signs of a meaningful turnaround after a period of consolidation and uncertainty. The introduction of the EVM sidechain marks a significant milestone that expands XRP’s utility and attractiveness to developers and investors alike. Supported by strong technical momentum and favorable legal news, XRP could be poised for a breakout that takes it into new price territory. While risks remain, the current outlook suggests that XRP’s recent rally could be more than a short-term spike — it might mark the beginning of a sustained bullish phase. For traders and investors, the key will be watching the $2.25 level and the unfolding ecosystem developments that could drive XRP’s next major move in July 2025.

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Pankaj K

Pankaj is a skilled engineer with a passion for cryptocurrencies and blockchain technology. With over five years of experience in digital marketing, Pankaj is also an avid investor and trader in the crypto sphere. As a devoted fan of the Klever ecosystem, he strongly advocates for its innovative solutions and user-friendly wallet, while continuing to appreciate the Cardano project. Like my work? Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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