XRP price targets breakout above $3 as BTC hits fresh ATH
The post XRP price targets breakout above $3 as BTC hits fresh ATH appeared on BitcoinEthereumNews.com.
XRP price has gained 5% to hit $2.50, its highest level in nearly two months. Ripple’s token appears poised to challenge its 2025 high of $3.40. A breakout could potentially bring the all-time high of $3.84 into view, though support lies around $2.29 and $2.10. Ripple’s XRP posted a strong uptick as the cryptocurrency market witnessed a fresh dose of optimism amid Bitcoin’s surge to a new all-time high above $113,718. Bitcoin’s rally, which saw the benchmark digital asset trade more than 4% in the past 24 hours, saw Ethereum (ETH), Solana (SOL), and BNB (BNB) hit key price levels. Amid this bullish wave, XRP broke to $2.5, reaching its highest level since May 2023. This uptick, bolstered by fundamental developments and Ripple CEO Brad Garlinghouse’s recent Senate testimony, has sparked speculation about a potential breakout above $3, with analysts eyeing a new all-time high for XRP. XRP price: bulls reach $2.5 XRP has surged to $2.50, marking a 5% increase in the last 24 hours and a nearly 11% gain in the past week. The altcoin’s upward momentum saw it reach its highest price since May 2023, when it traded above $2.58. Gains on the day come as the broader cryptocurrency market rides a fresh wave of bullish sentiment. As noted, Bitcoin’s new peak above $113k has seemingly set the tone for altcoin rallies. ETH and SOL have posted gains of 5% to 6%, while BNB is looking to follow suit with a 2% uptick in the last 24 hours. XRP chart on CoinMarketCap Ripple’s strategic advancements, including its application for a US banking license and a partnership with BNY Mellon to custody Ripple’s USD-backed stablecoin, RLUSD, have buoyed XRP price. Additionally, Garlinghouse’s testimony before the US Senate Banking Committee on July 9, 2025, where he emphasized regulatory clarity…
Filed under: News - @ July 10, 2025 7:26 pm