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The XRP price rose 2% in the past 24 hours to trade at $2.26 as of 3:28 a.m. EST, with a 121% rise in trading volume to $2.1 billion.
Ripple’s bank charter is reinforcing a bullish rally as the bulls defend the $2.3 level. On July 2, Ripple applied for a national bank charter with the US Office of the Comptroller of the Currency.
If approved, the license will allow Ripple to operate as a federally regulated trust bank, which then marks a major leap toward deeper integration between crypto and the traditional banking system.
The accelerating institutional adoption of XRP could lead to the price of the altcoin rising.
XRP Price Breaks Out: Is A Rally On The Horizon?
The XRP price chart on the 3-day timeframe shows a significant technical development with the price breaking out of a falling wedge pattern, a formation typically associated with bullish reversals.
After a prolonged consolidation between $2.00 and $2.50, the breakout above the wedge’s upper trendline signals renewed upward momentum, as GeckoTerminal data shows.
The Ripple token price is currently hovering around $2.26, with the breakout suggesting buyers are stepping back in to push XRP higher.
The 50 Simple Moving Average (SMA) is positioned above the 200 SMA, reinforcing a medium-term bullish bias as the “golden cross” remains intact.
Meanwhile, the Relative Strength Index (RSI) sits at 51.9, reflecting neutral momentum with room to move higher.
Meanwhile, the Moving Average Convergence Divergence (MACD) has crossed slightly into positive territory, with a subtle bullish crossover that could indicate the early stages of upward acceleration.
If the momentum holds, XRP could target the projected breakout level of around $2.72, representing a potential 20% upside from current levels.
However, failure to sustain above the wedge breakout could see a retest of the $2.10 zone as support.
The technical outlook leans bullish in the short term as long as XRP maintains above its breakout level.
Meanwhile, investors are piling into a new Bitcoin-themed meme coin called BTC Bull Token (BTCBULL), which will give token holders free BTC.
Jacob Crypto Bury, a prominent YouTuber with over 56.9k subscribers, says BTCBULL has the potential to soar 10X after its launch, which is just hours away.
Last Chance To Buy BTC Bull Presale – 5 Hours Left
The presale for BTC Bull Token officially came to an end after investors pumped around $7.8 million in early-stage funding into the project.
However, investors are not late for the launch party. The project now offers investors a final chance to secure BTCBULL before its exchange listing, where a broader investor audience with access to leverage and other trading strategies could significantly boost the token’s value. Investors have rushed at the final opportunity, and have subsequently pushed the total presale raise to around $8.3 million.
Token claims open on July 7 at 2:00 p.m. UTC, allowing contributors to lock in their positions now and be ready to claim as soon as this final opportunity concludes.
$BTCBULL claim goes live 7th July, 2PM UTC. 🐂💥
Don’t miss the charge. ⚔️https://t.co/N1kqrY0bow pic.twitter.com/2mxOI6Qwsw
— BTCBULL_TOKEN (@BTCBULL_TOKEN) June 30, 2025
BTC Bull Token isn’t your average meme coin. It’s a turbocharged, meme-powered project with one mission: ride Bitcoin’s charge to $1M and reward early believers along the way.
The project seeks to help investors who believe that Bitcoin will continue its long-term growth trajectory and reach $150,000 and $200,000 in the near future.
As Bitcoin hits those milestones for the first time, investors will earn free Bitcoin through airdrops.
The duration and amount of BTCBULL investors hold will determine how much BTC they receive from each airdrop.
In addition to BTC airdrops, the team will also carry out BTCBULL token burns, permanently removing a portion of the total supply. The aim is to follow Bitcoin’s footsteps and increase scarcity and value.
Those burns will happen at each new $50,000 milestone BTC achieves, starting at $125,000. Ahead of the project’s launch, the team have announced a token burn that has removed 35% of the token’s total supply.
Investors interested in participating in the presale can visit the official BTC Bull Token website to buy BTCBULL tokens for $0.002585 each using BNB, ETH, USDT, or a bank card.
Buy before the token launches in less than 5 hours.
Visit the BTC Bull Token website.
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