Analysis of XRP’s trend on July 11, 2025: Is Ripple poised to break key resistance or face correction?

On July 11, 2025, Ripple (XRP), a prominent cryptocurrency, continues to draw significant attention in the market. The current price of XRP is approximately $2.63, reflecting a 1.2% increase over the past 24 hours. This rise comes as XRP approaches a critical resistance level at $2.85, a breakthrough of which could pave the way for further gains. Technical analysis indicates XRP is in a short-term uptrend. Daily charts reveal an ascending triangle pattern, often interpreted as a bullish continuation signal. However, the RSI, hovering around 70, suggests XRP is nearing overbought territory, which could lead to a price correction toward support levels at $2.45 or $2.2. Trading volume has also surged, indicating growing trader interest in XRP. Recent legal developments have played a significant role in XRP’s price movements. Ripple’s long-standing lawsuit with the U.S. Securities and Exchange Commission (SEC) has reached critical stages. Reports suggest ongoing settlement talks, and speculation about a favorable outcome for Ripple has bolstered investor confidence. This sentiment was further reinforced by the transfer of 50 million XRP to unknown wallets, likely linked to institutional players. From an on-chain perspective, XRP’s Network Value to Transaction (NVT) ratio has decreased, indicating higher network activity relative to market value—a positive signal for bullish potential. However, rising XRP reserves on exchanges like Binance could signal potential selling pressure, particularly if whales decide to offload their holdings. From a macro perspective, XRP’s adoption for cross-border payments continues to grow. More banks in Asia and Europe are testing Ripple’s technology for fast, low-cost transactions, which could drive long-term value for XRP. For investors, a prudent strategy might involve waiting for a breakout above $2.85 or buying near support levels. In the long term, XRP has the potential to reach $4 to $5, particularly if positive legal developments persist. Traders should remain cautious of market volatility and sudden news, employing robust risk management. Ultimately, XRP is at a pivotal moment. A combination of technical analysis, on-chain data, and legal news suggests the cryptocurrency could see significant movement soon, though its direction depends on multiple factors.

Market Sentiment

Neutral
70%

The article predicts a bullish yet cautious outlook for XRP, with potential short-term corrections.

Key Points:

  • XRP Technical Analysis
  • Resistance and Support Levels
  • Ripple Legal Developments

Frequently Asked Questions

Yes, XRP is in a short-term uptrend, but it may face strong resistance.

Key support levels are around $2.45 and $2.2.

The main resistance level is around $2.85 to $3.0.

Buying at support levels could be a good opportunity, but it requires careful analysis.

Factors include SEC lawsuit updates, institutional demand, and whale movements.