- XRP surged by 13.15% in 24 hours, reaching $3.56 and overtaking USDT as the third-largest crypto with a $210.24B market cap.
- RSI at 88.81 signals overbought conditions, though volume surge and whale activity suggest strong bullish momentum.
- GENIUS Act passage and RLUSD integration drive XRP demand, supported by 6.7M holders and 94K+ active wallets.
XRP extended its upward movement on July 18, surging by 13.15% in 24 hours to trade at $3.56. The token has now gained by 38.77% over the past week and 65.27% in the last 30 days.
This rally pushed XRP above the $3 resistance level and into the third largest market cap position globally, reaching $210.24 billion. Tether (USDT) dropped to fourth with a market cap of $160.37 billion.
The XRP market also recorded a 100.1% increase in trading volume, totaling $21.82 billion, while its fully diluted valuation stood at $355.25 billion. The circulating supply was 59.18 billion out of a total supply of 99.98 billion tokens.
Heavy Buying and Bullish Breakout
XRP showed a strong bullish breakout that began in late June below $2.00 and accelerated into mid-July. The daily high is at $3.6607, while the low is at $3.4621. Green-bodied candlesticks with rising volume, which peaked at 237.28 million XRP, indicated strong buying interest.
This activity suggested possible whale accumulation and institutional entry. However, the RSI has risen sharply to 88.81, above the overbought level of 70. The last time XRP saw RSI levels this high, a price correction followed.
Meanwhile, the MACD line rose to 0.2839, staying well above the signal line at 0.1728. The histogram widened to 0.1111, showing continued upward momentum with no immediate divergence.
Network Metrics and Moving Averages
Short and long term moving averages offer additional context for XRP’s price strength. The MA(50), now at $2.88, remains well below the current price and offers dynamic support.
Likewise, the MA(200) is at $2.36, confirming that XRP has broken out of a long-term resistance range. Further strengthening this outlook is a spike in active wallet addresses, which exceeded 94,000 in the past 10 days.
The number of XRP holders has climbed to approximately 6.7 million. This steady increase in user activity suggests continued network growth, while the stable token supply rules out dilution risks.
Regulatory Push and Market Shift Drive Price Action
XRP’s price surge followed the U.S. House passage of the GENIUS Act on July 17, 2025. The bill prohibits CBDCs and creates a framework for stablecoins. Ripple CEO Brad Garlinghouse referred to the move as a milestone aligning with Ripple’s RLUSD stablecoin roadmap.
Since RLUSD transactions on the XRP Ledger require XRP for fees, this development boosted direct demand. At the same time, capital inflows into altcoins intensified. Altcoin dominance rose from 22% to 28.08% in one month.
XRP-specific interest also grew, with open positions increasing 17% to $10.37 billion. A recent $173 million Ripple transaction added to speculation about potential institutional accumulation.
Potential Prices for July 19, 2025
On the upside, XRP could reach between $3.75 and $3.85 if volume remains high and demand holds. However, XRP may pull back to $3.20, with deeper support near the $2.88 MA(50) if profit-taking accelerates.
XRP’s rally has been driven by favorable legislation, strong technicals, and increasing network activity. All indicators point to sustained interest, though overbought signals suggest a potential pause. Short term price ranges will likely depend on whether buying pressure continues or short-term traders take profits.
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