TL;DR
- XRP price rose 3.6%, peaking at $2.33 and stabilizing around $2.25.
- It broke through key resistance at $2.21, establishing new support at $2.29.
- Institutional interest grows, with speculation around a spot XRP ETF and notable block trades.
- Technical indicators suggest a bullish continuation, targeting $2.40 if momentum holds.
XRP Climbs Above $2.21 Amid Global Volatility
XRP has defied macroeconomic headwinds, registering a 3.6% daily gain and reaching an intraday high of $2.33. This bullish surge comes despite broader concerns stemming from continued U.S.–China trade tensions, which have rattled traditional risk assets. In contrast, XRP’s resilience suggests renewed confidence in its underlying use case for cross-border settlements.
The token’s break above the $2.21 resistance marks a significant technical milestone. Buyers quickly moved in to capitalize on the breakout, forming new support around $2.29. Although there was a brief retracement to $2.23, price action rebounded, closing the session strong.
ETF Speculation and Whale Activity Signal Institutional Buying
Rumors surrounding a potential spot XRP ETF have contributed to growing interest in the token. Several large block trades were recorded on major exchanges like Binance and Coinbase, leading analysts to believe institutions are gradually building positions in anticipation of regulatory clarity.
Such accumulation has historically preceded major price movements, especially when paired with policy shifts. With recent divergences in central bank policy increasing volatility across asset classes, digital assets like XRP are benefiting from capital rotation.
ETF Holdings Breakdown
| Speculative Asset | Status | Expected Decision Date | Market Sentiment |
| Spot XRP ETF | Under review | August 15, 2025 | Bullish 📈 |
| Spot ETH ETF | Approved | May 2025 | Neutral |
| Spot BTC ETF | Approved | January 2024 | Stabilized |
Price Action Overview: Intraday Ranges and Volume Surges
XRP traded within a 7.5% range, between $2.177 and $2.338, reflecting substantial trader interest. The bulk of movement occurred in two phases: an initial rally between 11:00–16:00, and a second round of high-volume trading from 22:00–23:00, when over 100 million units exchanged hands.
A temporary floor formed at $2.23, but buyers returned aggressively, particularly during the 01:32–01:33 UTC window, lifting XRP from $2.247 to $2.255 on 1.6 million units traded. A final session correction tested but held firm at $2.246, confirming the support zone between $2.246 and $2.29.
Technical Outlook: Fibonacci Targets Suggest Further Upside
Technically, XRP’s recent movement fits within a Fibonacci extension pattern, suggesting a potential short-term upside target of $2.40. This assumes support at $2.246 remains intact and volume trends continue to favor bulls.
- Resistance levels: $2.30 (short-term), $2.40 (target)
- Support levels: $2.246–$2.29 (confirmed zone)
- Volume profile: High activity on breakout and pullback sessions, indicating conviction from both bulls and bears
- Momentum indicators: RSI currently neutral at 54.3, with room to rise into the 60+ bullish zone
Analysts are watching the $2.30 mark closely. A clean break above it could validate a sustained move toward $2.40, especially if ETF speculation accelerates and macroeconomic instability persists.
Macro Factors Still Weighing on Broader Markets
While XRP’s recent performance is strong, macro conditions remain a risk factor. The ongoing U.S.–China trade conflict, combined with diverging interest rate policies from the Fed and ECB, continues to cloud the outlook for global risk assets.
However, XRP’s role in cross-border payments and liquidity provision makes it uniquely positioned to weather these storms. If institutions continue rotating capital into crypto, XRP may be among the chief beneficiaries due to its utility-focused appeal.
XRP 24-Hour Technical Snapshot
| Metric | Value |
| 24h High | $2.33 |
| 24h Low | $2.18 |
| Current Price | $2.25 |
| Resistance Level | $2.30 |
| Support Level | $2.246–2.29 |
| RSI | 54.3 |
| Volume (22:00–23:00 UTC) | 100M+ Units |
Conclusion: A Potential Pivot Toward $2.40
The XRP market appears to be in the early stages of a bullish pivot, supported by strong technical confirmation and institutional signals. With the $2.21 resistance now flipped into support, XRP is positioned to test the $2.30 barrier and potentially extend toward $2.40 in the coming days.
As macro uncertainty continues and speculation around a spot ETF grows, XRP’s current momentum could signal the beginning of a broader uptrend. Traders and institutions alike will be watching the $2.30 level as a critical juncture.
