XRP has been trading near the psychological level of $3.
Recent movements suggest the cryptocurrency is undergoing a bullish correction.
A sustained push above this level may lead to further gains, depending on
market conditions.
Meanwhile, daily trading volume of XRP futures on the
Chicago Mercantile Exchange reached a record $235 million. This marks the
highest level since the launch of the product in May. Combined notional volume
for standard and micro contracts has now exceeded $1.6 billion.
Price Forecasts and Risks
Analyst Austin Hilton has projected that if XRP breaks
through $3, it may target its previous all-time high of $3.84. He suggests the
price could reach $5 by the end of 2025. Some outlooks include even higher
targets, such as $10 or $15, though these depend on broader market momentum. At
the same time, a pullback to the $2.55–$2.60 range remains possible.
XRP Price Prediction! What Is Going To Happen To XRP This Week?Where Will XRP End Up In Price By The End Of 2025?! pic.twitter.com/xpa0xST2Fb
— Austin Hilton (@austinahilton) July 13, 2025
Growing Institutional Interest
The increase in volume reflects rising institutional
interest in regulated crypto derivatives. CME’s XRP futures allow investors to
gain exposure to XRP price movements without holding the asset directly. This
structure suits firms that face restrictions on owning cryptocurrencies.
BREAKING 🚨XRP Futures Smash $235M in One Day on CME—$1.6B Volume Signals Escalating DemandRead more 👇🏼 pic.twitter.com/ZTEP1HWayE
— Fabio Zuccara (@ZuccaraFabio) July 16, 2025
Price Tracks Trend Line on H1 Chart
The XRPUSD H1 chart shows a gradual upward movement
following a clear trend line. The recent high of 3.03500 may serve as a
resistance level.
A breakout above this point could attract more buyers and
drive the price higher with strong momentum. Conversely, if the price falls
below the trend line, it may enter a consolidation phase and trade within a
range for some time.
You may find it interesting at FinanceMagnates.com: XRP
Nears $3: Grayscale Challenges SEC Over Paused Multi-Crypto ETF.
Ripple Seeks National Trust Charter Approval
Ripple has applied
for a national trust charter from the U.S. Office of the Comptroller of the
Currency, seeking to expand its services under federal regulation. This move
aligns with a broader industry trend, as other crypto firms like Circle pursue
similar applications for national oversight.
If approved, Ripple would operate under both state and
federal supervision, which would help streamline compliance and service
delivery across the country. The firm currently offers RLUSD, a $470 million
stablecoin regulated by the New York Department of Financial Services.
This article was written by Tareq Sikder at www.financemagnates.com.
