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Ripple Price Prediction as CEO Brad Garlinghouse Heads to Senate For Crypto Hearing

Published by
Anjali Belgaumkar

Ripple is back in focus this week as CEO Brad Garlinghouse prepares to testify before the U.S. Senate. The hearing, scheduled for Wednesday, will discuss the future of cryptocurrency regulations in the country.

Garlinghouse shared his excitement on social media, saying he’s honored to speak before the Senate Banking Committee about the need for clear crypto market rules. He thanked Senators Tim Scott, Cynthia Lummis, and Ruben Gallego for their leadership in supporting digital assets.

The timing is important, as lawmakers are also reviewing other crypto-related bills, including one for stablecoins and another focused on market structure for digital assets. If approved, these bills could provide much-needed clarity for the U.S. crypto industry.

XRP Price Prediction: What’s Next?

Meanwhile, XRP’s price has been showing some bullish signs. On the 12-hour chart, XRP recently found support at around $2.20 and is now eyeing a key resistance zone between $2.31 and $2.35. However, the price has struggled to break above it several times in the past.

If XRP manages to close above $2.36 on the daily chart, it could open the door for a move toward $2.44 in the short term, with a stronger resistance waiting between $2.60 and $2.65,  a range last seen in mid-May.

However, analyst Josh of Crypto World also warns that XRP might be forming a rising wedge pattern, which statistically tends to break to the downside. If this happens, XRP could drop back toward $2.20 or even $2.16-$2.17.

The broader crypto market is still in an accumulation phase, with large investors quietly buying XRP while prices remain stable. If global liquidity continues to rise and crypto legislation moves forward, XRP could be well-positioned for a stronger rally.

FAQs

Why is Ripple CEO Brad Garlinghouse testifying before the U.S. Senate?

To push for clear U.S. crypto regulations and support new legislation on digital assets.

How is XRP doing today?

XRP currently trades between $2.20–$2.30, testing resistance and forming potential patterns.

What’s the XRP price forecast for July 2025?

A break above $2.36 could push XRP to $2.44–$2.65; otherwise risk pullback to $2.16–$2.20.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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