According to Dean Popplewell’s analysis, XRP cryptocurrency is at a key moment in its trajectory.
After a 20% increase in the last 24 hours, Ripple Labs Cryptocurrency broke records in January 2025 to reach USD 3.63. As reported by Cryptootics, this rise was driven by approval of the US Genius Act.
At the end of this report, XRP was quoted at $3.46, reducing it by 5.51% from the history maximum in a few hours, as seen in the next TradingView graph. This move is probably driven by the acquisition of profitsAlthough it remains strong.
In general, Popplewell analysts argue that the technical structure of XRP shows clear signs of Overcompra, especially when reviewing the relative force index (RSI, RSI in English), if you attempt to drill twice, without success.
This indicates that the impulse continues but may collapse soon. In that sense, the analyst shows it Maintaining attention to RSI is important to predict possible set folds.
The starting point for the recent rise is the minimum registration registered on June 22, when XRP cited around $1.90. Since then, it has maintained an ascending trajectory driven by several market factors and institutional development. One of them is Accumulation of over 2.2 billion XRP units by large investorsaccording to Whaletrace data.
At the technical support level, analysts place key areas at $3, followed by 2.80 and 2.60. A reduction below these levels could potentially play the 200-day mobile average, currently located at $2.38. Popplewell shows that general context is still preferred, Due to market overheating, correction scenarios cannot be excluded.
In the futures market, public interest in XRP rose 26% in a day to $9,980 million. This represents the highest level since 2021. In general, high levels of funding reflects the fact that many operators are taking leverage positions in anticipation of new increases. Nevertheless, This also increases the risk of mass settlement before set-up.
The XRP macro environment is conditioned by several recent events. In addition to the issue of approval of the Genius Act, seven companies have either started to incorporate the cryptocurrency into the Corporate Treasury Department or announced plans to do so. These decisions seek to diversify assets and exploit the possibilities of integration with Ripple USD (RLUSD), a company-issued Stablecoin.
This adds the application of Ripple to obtain national banking licenses in the US, strengthening its presence in the traditional financial sector.
Additionally, XRP has achieved a significant trend break against Bitcoin (BTC). XRP/BTC parity experienced a 15% increase and checked the amount of bear channel output as reported by encryption. These moves show relative enhancements to XRP, In an environment dominated by Bitcoin integration Less than $120,000.
XRP actions are also strengthened by institutional alliances. Ripple Labs recently announced that BNY Mellon will become the official custodian of the RLUSD Reserve.
The announcement sparked an immediate positive response from the marketXRP prices rose 14.8% between July 9th and 11th. Integration with traditional financial institutions is seen as a bridge between the banking system and the cryptocurrency ecosystem.
XRP bullish trends are uninterrupted
In that order of ideas, Popplewell makes it clear that projections of potential modifications in XRP should not be interpreted as a general weakening signal. good He believes they are technical warnings in a very optimistic context.
“The possibility of revisions does not rule out an upward trend. He simply points out that the market can be suspended,” the expert says.
Within that framework, the technical perspective suggests a significant level of active surveillance, assessing whether XRP will continue to rise towards a new maximum or face a temporary pause. Popplewell concludes that panoramas are still constructivehowever, warns that “breaking below the support level could trigger additional sales due to Ripple cryptocurrency.”
Analysts keep repeating that parabolic movements rarely occur without intermediate corrections, but the market still appears to be leaning optimistically. Note now being paid to XRP consolidation at the current level Or if you go back before a new attempt of about $4.
