XRP prices target breakouts above $3 when BTC hits Fresh Ass

• XRP prices rose 5% to $2.50, reaching its highest level in nearly two months.
• Ripple’s tokens seem poised to challenge their 2025 best $3.40.
• The breakout could potentially look at an all-time high of $3.84, but support is around $2.29 and $2.10.

Ripple’s XRP recorded a strong increase as Cryptocurrency Market witnessed a new dose of optimism amid a new all-time high for Bitcoin exceeding $113,718.

Bitcoin rally saw benchmark digital asset trading of over 4% over the last 24 hours Ethereum (eth)Solana (Sol), and BNB (BNB) have reached major price levels. In this bullish wave, the XRP reached $2.5, reaching its highest level since May 2023.

The increase, strengthened by recent Senate testimony from Basic Development and Ripping CEO Brad Gerlinghouse, has sparked speculation about a breakout that could exceed $3, with analysts aiming for XRP’s new all-time high.

XRP Price: Bulls reach $2.5

XRP surged to $2.50, up 5% over the last 24 hours, and nearly 11% last week. Altcoin’s upward momentum has reached its highest price since May 2023 traded above $2.58.

The profits of the day come as the broader cryptocurrency market rides a fresh wave of bullish sentiment. As mentioned earlier, the new peak above $113,000 in Bitcoin appears to set the tone for Altcoin Rallies.

Eth and Sol have earned between 5% and 6%, while BNB is considering following the lawsuit with a 2% increase over the past 24 hours.

Ripple’s strategic advances, including applications for a US banking license and partnership with BNY Melon, have detained RLUSD, Ripple’s USD-assisted Stablecoin, to support XRP pricing.

Additionally, Gerlinghouse’s testimony before the US Senate Banking Committee on July 9, 2025 highlighted the clarity of the regulation of digital assets and strengthened XRP’s position as a leading crypto market player.

Ripple Price Prediction: Is XRP set at an all-time high?

As Altcoins stack up, analysts are becoming more and more optimistic about AltSeason.

The XRP trajectory signales strong bullish momentum and major fundamental milestones in the derivatives market, which could rally violently.

According to CoinglassXRP futures open interest surged to $58.9 billion, up 6%. Investor reliability and further price increases in speculative bets have led to derivative volumes exceeding 27%, exceeding $9.84 billion.

Technically, the XRP chart shows promising signals.

The daily chart shows a relative strength index (RSI) of 69, indicating strong purchasing pressure.

It’s upslope, but RSI doesn’t plunge into the territory it was acquired. Meanwhile, moving average convergence divergence (MACD) shows bullish crossovers, suggesting upward momentum.

If the upside down strength continues, a break to resistance at $2.70 wins $3.00. The highest ever-growing $3.84 is your next goal. On the other hand, the key support areas are $2.29 and $2.10.

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