XRP Cools After ATH Surge, But Accumulation Zones Signal More Upside

XRP surged to a fresh all-time high near $3.61 on the back of major U.S. crypto legislation advances and institutional ETF filings, before sliding into a volatile correction that tested bulls’ conviction. The token shed 7.5% intraday but clawed back losses to close the session near $3.45 — suggesting consolidation rather than a full reversal.

What to Know

• XRP hit a record high of $3.61 before falling to $3.34 — then rebounded to close at $3.45, down 4.4% from session open
• Massive 308 million volume spike at $3.34 hints at institutional accumulation zone
• Traders now eye $3.47-$3.48 as short-term resistance as bulls attempt to stabilize

News Background

Momentum picked up after the U.S. House passed three crypto-related bills — including the CLARITY and GENIUS Acts — which aim to provide clearer regulatory frameworks for digital assets. In parallel, ProShares filed for the first XRP futures ETF, while 11 other asset managers submitted products tied to XRP price action. Traders are increasingly pricing in an 88% probability of spot XRP ETF approval by December 2025.

Price Action Summary

XRP opened the session on July 18 at $3.61 and declined steadily to an intraday low of $3.34 by 15:00, marking a 7.48% drawdown.
• Key support emerged between $3.34–$3.37, bolstered by heavy volume prints of 280 million and 308 million at 07:00 and 08:00 respectively — more than 2x the 24h average.
• XRP recovered 3.24% from the low to close at $3.45, signaling strategic buying interest rather than panic selloff.

Technical Analysis

• Session range: $3.61 (high) to $3.34 (low), a 7.48% swing
• Recovery phase: From 15:00 onward, XRP stabilized in the $3.43–$3.45 zone with low-volume accumulation
• Final hour: Sharp but failed breakout to $3.4759 at 04:34 on 2.88 million volume, followed by institutional profit-taking that pushed price back to $3.4380
• Resistance remains firm at $3.47–$3.48
• Support zone confirmed at $3.34–$3.37, reinforced by intraday whale buys

Takeaway

Despite the aggressive selloff from ATHs, XRP’s ability to defend the $3.34–$3.37 zone and recover toward $3.45 points to ongoing institutional support and a bullish medium-term structure. Traders are now watching whether XRP can build fresh momentum above $3.48 to challenge the $3.60–$3.64 zone once more. The $3.34 floor remains the key level to hold if short-term bullish sentiment is to stay intact.

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