XRP Reaches 45-Day High Amid Bullish Market Signals

XRP witnessed a notable price surge on July 9, 2025, closing at $2.83, its highest level in 45 days, indicating bullish trends in the cryptocurrency sphere.

Ripple’s XRP surge, backed by a bullish Guppy Momentum Indicator, signifies substantial market interest and potential prolonged gains.

XRP achieved a significant milestone, reaching a 45-day high of $2.83, supported by a bullish crossover on the Guppy Momentum Indicator. This peak marks renewed institutional interest following recent regulatory lifts affecting the XRP market.

Ripple Labs, the entity behind XRP, has seen no direct leadership statements regarding the rise; however, expert analysis indicates further market potential. Omkar Godbole’s insights highlight short-term moving averages crossing over long-term ones, a strong bullish indicator.

“A bullish signal occurs when the six short-term averages cross above the long-term averages … the path of least resistance is now on the higher side, with potential for a rally to $2.649, the high registered on May 14.” – Omkar Godbole, Co-Managing Editor, CoinDesk.

The rise in XRP price has led to increased trading activity, with over 182 million XRP traded during peak hours. This reflects heightened institutional and retail interest, showcasing XRP’s resilience in the current market setting.

The financial implications are marked by Grayscale reintroducing XRP to its Digital Large Cap Fund, alongside multiple pending spot ETF applications. These moves could accelerate XRP’s integration with traditional finance.

Technical indicators show signs of continued growth for XRP, with historical trends supporting potential upward momentum. This movement may spur broader financial, regulatory, and technological interest.