Technical analysis by taztrader about Symbol XRP: Buy recommendation (7/11/2025)

taztrader

XRP is breaking out of a consolidation zone and above a volume point of control that has been massive since its November rally onward. Looks like next node is to $3.14 Super strong coin. Ripple testimony in banking committee yesterday was bullish. Ripple partnering with BNY Melon yesterday was bullish. Ripple leading regulation standards with their XRP case is bullish. Ripple winning the status of XRP as one of a kind is bullish. Ripple getting a bank charter and fed master account is bullish. Not much is close to XRP fundamentally.Trimmed trade at this level its at the next volume node, it expanded really fast. Probably goes to 3.12 - 3.14 or through it a bit, then assuming does business there sideways and continues to new all timehighs.ATH broken trimmed and left a little on for price discovery, great trade.