Wed Jul 23 22:10:00 UTC 2025: **XRP Surges to Multi-Month High, Analysts Predict Potential for Further Gains**

**[City, Date]** – XRP (XRP-USD) has reached its highest price in months, hitting $3.66 and sparking renewed interest in the cryptocurrency. The rally is fueled by technical indicators and analyst predictions, suggesting this may be the beginning of a significant upward trend.

Analysts point to a bull pennant formation on the four-hour chart, indicating a potential breakout towards $4.20. Mikybull Crypto highlights a Fibonacci extension that could push the price to $5.32, or even $8 with strong momentum. A confirmed MACD crossover on the weekly chart, reminiscent of a previous rally that saw a 450% increase, adds further weight to the bullish outlook.

Dom, another analyst, suggests that a breakout above the 5.50% resistance level in XRP’s dominance index (XRP.D) could trigger a wave of capital inflow, potentially driving the price to $7 or even $10.

Recent regulatory clarity, stemming from Ripple’s settlement with the SEC, along with the launch of the ProShares Ultra XRP ETF, have contributed to the positive sentiment. XRP’s market capitalization has now surpassed $210 billion, making it the third-largest cryptocurrency.

TipRanks’ Technical Analysis tool currently signals a “Buy” based on a combination of bullish oscillators and moving averages. The 1-day outlook is bullish, with 14 indicators pointing upward compared to just 7 bearish. While oscillators suggest a potential short-term cooldown, XRP remains above its key moving averages, indicating continued buyer momentum.

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