XRP Price Rockets as Brad Garlinghouse Shares ‘Historic’ Moment, Is $20 Next?
The post XRP Price Rockets as Brad Garlinghouse Shares ‘Historic’ Moment, Is $20 Next? appeared on BitcoinEthereumNews.com.
Key Insights: XRP price surges over 20% amid positive regulatory developments and market optimism. Ripple CEO Brad Garlinghouse hails the GENIUS Act as a “historic” moment for crypto. Analysts predict XRP price could reach $20 or more in the near future. XRP price is the talk of the crypto market today, as evidenced by a robust surge of over 20% in its price. Notably, the crypto has soared past the $3.6 mark, indicating a sustained interest from global market participants. Besides, the market optimism was further buoyed by the recent comments from Ripple CEO Brad Garlinghouse and CLO Stuart Alderoty. In addition, the community members also remained bullish, betting on further upside for the crypto. Amid this, renowned analysts have shared bold forecasts, predicting a potential surge of over $20. Notably, a flurry of market pundits’ eyes are focused on around 600% gains in XRP, evaluating the technical and historical trends. XRP Price Jumps 20%: Rally to Sustain? XRP price has skyrocketed more than 20.5% today to hit the $3.63 mark, nearing its all-time high of $3.84 recorded in January 2018 (as per CoinMarketCap data). Besides, its one-day trading volume also jumped 140% to $22.36 billion, reflecting the soaring trading activity in the market. Notably, the 24-hour high of $3.65 also marks the highest level since 2018. Besides, the on-chain data also suggests a positive momentum in the market. CoinGlass data showed that XRP Futures Open Interest rose more than 27% to a record $11.1 billion. Meanwhile, some analysts have warned of short-term woes, as the latest rally might help some investors to book profits. Considering a weekly surge of 40% and a monthly rally of 67%, some traders might offload some of their holdings for profits. However, the experts have deemed that as a healthy trading strategy. Besides, it…
Filed under: News - @ July 18, 2025 10:29 am