TL;DR
- XRP declined 1.07% in the past 24 hours but held above $2.20.
- Ripple’s U.S. banking license application is boosting long-term optimism.
- Analysts see ETF speculation and CBDC integration as key drivers of XRP’s bullish case.
- A potential move to $10 remains on the radar, contingent on regulatory wins and institutional adoption.
XRP Holds Ground Despite Sell-Off
XRP showed resilience Friday despite a modest 1.07% intraday decline, as broader macroeconomic stress tested crypto sentiment. The asset pulled back from $2.243 to $2.219, but crucially, held support above $2.20 — a level traders now consider essential for maintaining bullish structure.
The minor correction followed wider market uncertainty fueled by geopolitical tensions and regulatory headwinds. Still, XRP’s long-term narrative remains anchored by growing institutional momentum.
XRP Technical Breakdown (July 4–5, 2025)
| Metric | Value | Source |
| Price Drop (24H) | ▼ 1.07% | CoinDesk Data |
| High-Low Range | $2.243 – $2.219 | CoinDesk |
| Key Support Level | $2.21 | CoinDesk |
| Volume Spike (Sell-Off) | 56M XRP (07:00–14:00 UTC) | CoinDesk |
| Recovery Attempt Level | $2.230 (21:00–22:00 UTC) | CoinDesk |
| Max Volume Spike (Late) | 418K XRP (01:12 UTC) | CoinDesk |
| Bounce Level | $2.219 (01:59 UTC) | CoinDesk |
Ripple’s Banking Bid: A Game-Changer?
Ripple’s recent application for a U.S. national bank charter and a Federal Reserve master account has positioned XRP uniquely among digital assets. If approved, Ripple would gain direct access to the U.S. payment infrastructure, removing intermediaries and bolstering its utility as a settlement token for institutional finance.
This regulatory push also complements ongoing speculation that XRP could be featured in a U.S.-listed crypto ETF. Analysts believe this combination of banking access and capital market exposure could ignite a significant upward revaluation.
“Ripple’s dual-pronged effort—banking plus ETF—is setting the stage for a structural repricing of XRP,” said Christine Law, macro strategist at Galaxy Digital.
Technical Structure: Building Higher Lows
XRP’s chart is showing higher lows above $2.20, suggesting that bulls remain active despite the sell pressure.
Key technical observations:
- Sell pressure peaked between 07:00–14:00 UTC, with over 56 million XRP traded, pushing price to $2.209, where support emerged.
- A rebound attempt to $2.230 occurred between 21:00–22:00, although it lacked follow-through.
- At 01:12 UTC, the price dipped to $2.221 on volume exceeding 418,000 units.
- Support held at $2.216, with a volume-led bounce at 01:59 reaching $2.219 — a critical micro-support zone.
“The current structure suggests accumulation,” said Dana Crenshaw, lead analyst at IntoTheBlock. “But confirmation will require a move above $2.25 on strong volume.”
XRP’s Macro Narrative: CBDCs and Institutional Rails
XRP continues to distinguish itself as a CBDC bridge asset, with over 50 central banks reportedly evaluating Ripple’s technology for cross-border digital currency settlement.
This focus on compliance-friendly utility — as opposed to speculative trading — has kept XRP central in policy conversations, particularly in regions where SWIFT alternatives are being explored.
Market observers believe a successful licensing outcome in the U.S. would cement XRP as a financial infrastructure asset, not just another altcoin.
Forecast: Eyes on $2.25, But $10 Not Off the Table
The short-term technical hurdle remains $2.25, with a sustained break above that level likely leading to momentum toward $2.40 and beyond. On the higher end, $10 is considered possible over the medium term, assuming:
- Regulatory clarity
- U.S. banking license approval
- ETF listing
- Continued CBDC adoption
“If these dominoes fall,” noted Crenshaw, “XRP could see triple-digit percentage gains.”
