XRP, the cryptocurrency tied to Ripple, is in the spotlight on July 10, 2025, as market dynamics shift. The current price of XRP is approximately $2.31, reflecting a 2% gain over the past 24 hours, signaling positive momentum. This price movement aligns with institutional activity, bullish technical patterns, and favorable Ripple-related developments. Technical analysis reveals that XRP is trading within a symmetrical triangle pattern on the daily chart, approaching the apex. The $2.10 level has acted as a key support, preventing further declines. Conversely, the $2.35–$2.45 range is a strong resistance zone. A breakout above this resistance could propel XRP toward $3.00 by late July or early August 2025, especially if daily trading volume exceeds the 20-day average by 25%. The RSI at 58 indicates moderate bullish momentum, not yet in overbought territory. Fundamentally, Ripple’s application for a U.S. banking license and its $1.25 billion acquisition of brokerage firm Hidden Road have boosted investor confidence. These moves signal Ripple’s push to integrate XRP into traditional financial systems. Additionally, speculation about a potential XRP ETF approval in 2025 has driven demand. Data shows that whales have accumulated over 610 million XRP, worth approximately $1.41 billion, reflecting strong long-term confidence. However, challenges persist. Ripple’s control over roughly 42% of XRP’s supply and regular escrow releases could create selling pressure. The long/short ratio on major exchanges like Binance stands at 0.98, suggesting trader caution. Analysts warn that a break below the $2.10 support could trigger a correction to $2.00 or even $1.85. From a macro perspective, Ripple CEO Brad Garlinghouse’s recent U.S. Senate testimony, emphasizing XRP’s role as a bridge currency for global transfers, has drawn regulatory attention. This, alongside RippleNet’s expansion and a 2024 agreement with the Saudi Arabian Central Bank, could drive broader XRP adoption. Investors should remain mindful of market volatility and short-term risks. Combining technical analysis with on-chain data can enhance decision-making.