XRP Analysis: Price Surge on July 12, 2025

XRP hit $2.91 on July 12, 2025, a 4-month high. ETF news and legal developments have fueled a bullish trend.

On July 12, 2025, XRP is trading at approximately $2.91, reaching a 4-month high. The cryptocurrency has surged 8.8% in the past 24 hours, surpassing Tether in market capitalization. This significant rally has captured the attention of investors and traders alike. Technical analysis of XRP’s 4-hour chart reveals a bullish flag pattern, typically a continuation signal for an uptrend. The price recently broke the $2.80 resistance and is now targeting $3.00. Key support levels at $2.70 and $2.50 could prevent sharp declines. A break above $3.00 could push XRP toward $3.20, potentially paving the way for new all-time highs. Recent news highlights multiple filings for XRP-based exchange-traded funds (ETFs). Speculation about potential applications from major players like BlackRock has fueled market optimism. ETFs could attract new investment flows to XRP, boosting demand. Additionally, legal developments, including signs of a potential resolution to the SEC case against Ripple, have bolstered investor confidence. These advancements could remove long-standing legal hurdles and enhance XRP’s adoption in financial systems. From a macroeconomic perspective, the fear and greed index stands at 79 (extreme greed), reflecting positive market sentiment. On-chain data shows whale accumulation, though high trading volume at resistance levels may cause short-term volatility. Rumors about using Ripple’s RLUSD stablecoin as collateral on some platforms could introduce new use cases for the Ripple ecosystem. Currently, XRP is in a price discovery phase, and a breakout above $3.00 could trigger a major rally. Traders should monitor momentum indicators like RSI and MACD to avoid trend reversals. Despite potential pullbacks, XRP’s long-term outlook remains bullish due to strong fundamentals and positive news. For traders, risk management with stop-losses below $2.70 and waiting for breakout confirmations is a sound strategy. Overall, the combination of technical analysis, ETF news, and legal developments positions XRP as one of the most compelling cryptocurrencies in the current market.