XRP_USDT Price Review: 25% Surge in Two Weeks — Is the Pullback a Buying Opportunity?

XRP_USDT Latest Price Trend Overview

Chart: https://www.gate.com/trade/XRP_USDT

According to Gate data, as of July 24, 2025, XRP is trading at $3.12, down about 1.88% over the past 24 hours. Since early July, however, XRP has shown a strong upward trend:

• Price two weeks ago: $2.50
• July 22 high: $3.66
• Cumulative gain: over 25%

Ripple’s move into institutional-grade stablecoins with RLUSD is generating substantial long-term positive sentiment and driving this rally. This isn’t just about increased optimism surrounding the SEC case.

Ripple Introduces RLUSD: Positive Momentum Gathers Pace

Ripple recently announced the launch of RLUSD, its USD-backed stablecoin, and has partnered with several major players in traditional finance:

• BNY Mellon acts as custodian for RLUSD reserves: As the world’s largest custody bank, BNY Mellon brings strong credibility and regulatory assurance to RLUSD.
• OpenPayd provides fiat on-/off-ramps: In partnership with UK payment technology firm OpenPayd, corporate clients can easily exchange RLUSD and seamlessly bridge fiat with on-chain assets.

These moves expand XRP’s enterprise use cases into high-value sectors like cross-border payments and stablecoin circulation—bolstering both market recognition and its valuation model.

Technical Analysis: Key Support and Resistance

Key technical levels for XRP_USDT are as follows:

Support Levels:

• First support: $3.00 (major psychological threshold and 7-day moving average)
• Second support: $2.85 (previous consolidation area)

Resistance Levels:

• Near-term resistance: $3.30 (July 23 daily high)
• Strong resistance zone: $3.60–$3.66 (local top range)

If XRP consistently holds above $3.00, this short-term consolidation could set the stage. Another move above $3.50 may follow.

Short-Term Pullback: Risk or Buying Opportunity?

The current minor pullback in XRP represents a technical correction following its rapid rally:

• Trading volume has decreased but remains healthy; there are no signs of capitulation.
• MACD remains positive.
• RSI is not in the overbought zone.
• On the daily chart, the middle band of the Bollinger Bands remains intact, preserving the bullish setup.

For new investors, as long as XRP stays above $3.00, this period of price consolidation offers a relatively safe entry point for scaled entries. Investors may also consider adding to positions as the RLUSD project hits key milestones. Positive catalysts may emerge.