XRP Hits New All-Time High at $3.45 as GENIUS Act and Whale Activity Drive Historic Rally
The post XRP Hits New All-Time High at $3.45 as GENIUS Act and Whale Activity Drive Historic Rally appeared on BitcoinEthereumNews.com. Timothy Morano Jul 19, 2025 03:52 XRP reaches unprecedented $3.45 peak amid regulatory progress and massive whale accumulation, but technical indicators suggest potential correction ahead. XRP Hits New All-Time High at $3.45 as GENIUS Act and Whale Activity Drive Historic Rally Executive Summary XRP has achieved a groundbreaking milestone, reaching a new all-time high of $3.45 on July 17, 2025, marking a historic moment for the digital asset that has surpassed a $190 billion market capitalization. This remarkable surge represents the culmination of several positive catalysts, including regulatory progress with the GENIUS Act, aggressive whale accumulation, and strong institutional interest. However, current technical indicators suggest the asset may be approaching overbought territory, warranting careful analysis for potential trading opportunities. Recent Market Developments Legislative Breakthrough Fuels Optimism The progression of the GENIUS Act through the U.S. House of Representatives on July 15 has provided significant momentum for XRP, pushing the price above the crucial $3.00 psychological barrier. This legislation aims to establish a comprehensive regulatory framework for stablecoins, which directly benefits Ripple’s RLUSD stablecoin product. The regulatory clarity offered by this act addresses one of the primary concerns that have historically suppressed XRP’s price performance. Whale Activity Drives Unprecedented Rally On July 12, XRP experienced an explosive 8% surge to $2.78, with intraday peaks reaching $2.96, following a massive $14.03 million leveraged long position on Hyperliquid. This aggressive whale activity demonstrates institutional confidence in XRP’s long-term prospects and has been instrumental in building the momentum that eventually led to the all-time high. Market Consolidation and Resistance Levels Following the initial surge, XRP entered a consolidation phase on July 16, trading within a narrow range and closing at $2.89 with a modest 1.8% gain. The analysis revealed that institutional selling created resistance above the…
The post XRP Hits New All-Time High at $3.45 as GENIUS Act and Whale Activity Drive Historic Rally appeared on BitcoinEthereumNews.com.
Timothy Morano Jul 19, 2025 03:52 XRP reaches unprecedented $3.45 peak amid regulatory progress and massive whale accumulation, but technical indicators suggest potential correction ahead. XRP Hits New All-Time High at $3.45 as GENIUS Act and Whale Activity Drive Historic Rally Executive Summary XRP has achieved a groundbreaking milestone, reaching a new all-time high of $3.45 on July 17, 2025, marking a historic moment for the digital asset that has surpassed a $190 billion market capitalization. This remarkable surge represents the culmination of several positive catalysts, including regulatory progress with the GENIUS Act, aggressive whale accumulation, and strong institutional interest. However, current technical indicators suggest the asset may be approaching overbought territory, warranting careful analysis for potential trading opportunities. Recent Market Developments Legislative Breakthrough Fuels Optimism The progression of the GENIUS Act through the U.S. House of Representatives on July 15 has provided significant momentum for XRP, pushing the price above the crucial $3.00 psychological barrier. This legislation aims to establish a comprehensive regulatory framework for stablecoins, which directly benefits Ripple’s RLUSD stablecoin product. The regulatory clarity offered by this act addresses one of the primary concerns that have historically suppressed XRP’s price performance. Whale Activity Drives Unprecedented Rally On July 12, XRP experienced an explosive 8% surge to $2.78, with intraday peaks reaching $2.96, following a massive $14.03 million leveraged long position on Hyperliquid. This aggressive whale activity demonstrates institutional confidence in XRP’s long-term prospects and has been instrumental in building the momentum that eventually led to the all-time high. Market Consolidation and Resistance Levels Following the initial surge, XRP entered a consolidation phase on July 16, trading within a narrow range and closing at $2.89 with a modest 1.8% gain. The analysis revealed that institutional selling created resistance above the…
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