XRP (XRP-USD) is ripping higher in July, and it’s getting hard to ignore the price action. As of Monday, the token is trading around $3.57 after briefly touching $3.64, a level not seen since its last bull cycle highs. It is up more than 3 percent on the week and now leads a broader wave of altcoin momentum that is starting to catch fire across the market.
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This is a real run powered by fresh legislation, new money, and traders betting on XRP’s rally. The target now is clear. XRP is aiming for $5, and buyers are charging in fast. Furthermore, Washington is finally laying down rules, which means XRP is no longer boxed in. It is accelerating with force.
XRP Breaks Out on Regulation
The rally began building after a string of bipartisan victories in Washington. These laws, which define stablecoin frameworks and clarify token classification, have given altcoins room to breathe. Bitcoin has slowed slightly, and the capital that once piled into BTC is now rotating into faster-moving assets like XRP.
Technical traders are seeing XRP consolidating between $3.60 and $3.65, sitting just under key resistance. If that zone gives way, the next leg up could come fast. Veteran analyst Peter Brandt has pointed to a 24 percent upside from current levels. That would put XRP near $4.47, a territory not seen even during its 2018 frenzy.
XRP’s Chart Momentum Meets Real-World Narrative
The real driver behind XRP’s momentum is the growing demand for the XRP Ledger’s real-world utility in payments, settlements, and cross-border finance. Ripple, the company behind the protocol, is rapidly expanding partnerships across Asia, Latin America, and Europe. With legal uncertainty now clearing in the U.S., XRP is shedding its speculative label and stepping back into the spotlight as a serious piece of financial infrastructure.
As altcoin enthusiasm builds, XRP is becoming the bellwether. It now serves as a test case for how quickly capital can flow back into large-cap tokens with strong fundamentals and cleaner legal status. Traders are betting on a full return of the XRP thesis.
Investors Watch $3.65 XRP Price with Caution
If you’re already in the trade, you must watch the $3.65 price level for XRP. A decisive break above it could open the door to a rapid move toward $4 and beyond. But failure to clear resistance could bring a sharp rejection. With sentiment this hot, any sudden shift in macro tone or large-scale profit-taking could trigger a short-term pullback.
Still, the tone has changed. XRP is no longer the token stuck in legal limbo. It is now one of the clearest stories in the market, riding both technical momentum and renewed institutional confidence. Whether it becomes the first major altcoin to reclaim its all-time high will depend on how it handles this next range. Either way, it is leading this leg of the crypto cycle.
At the time of writing, XRP is sitting at $3.6035.
