Technical analysis by FoxesTrader about Symbol XRP: Buy recommendation (7/12/2025)

At the inflection point of $2.29, the long-term trend broke out, suggesting the price could run up to $3.00 and potentially $3.40 with continued positive sentiment. A news catalyst could trigger a rapid spike towards $4.00. At $2.70, #FOMO traders entered. Following a short period of consolidation and breakout, the price reached a high of $2.90. The price action remains bullish and is currently in a zone of interest that could attract previous investors and traders. A news catalyst is key to bringing in the necessary liquidity and volume. If buyers can hold the price within this zone, we may see a continuation of the pattern. A retest of $2.90 followed by a slight pullback to $2.70 is possible before the uptrend resumes.