#XRP Rockets Past $2.90 Breaking Key Resistance in Massive Rally


$XRP surged to $2.9292, breaking decisively above the $2.60 resistance that capped rallies throughout 2025.


The token reclaimed its position as the third-largest cryptocurrency by market cap, outperforming $BTC and $ETH.


#SEC officially dropped its appeal in the Ripple case in late June, ending four years of legal uncertainty.


Ripple's July 2 application for a federal bank charter with the Office of the Comptroller signals major strategic expansion.


Eleven asset managers filed applications for spot #XRPEFTs, with #ProShares launching leveraged products.


Technical indicators show an ADX reading of 34, confirming strong trending momentum above the 25 threshold.


The RSI at 81 indicates overbought conditions but suggests powerful upward momentum may continue.

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July 16, 2025 at 12:35 AM
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