{"id":1837,"date":"2025-07-28T09:07:35","date_gmt":"2025-07-28T09:07:35","guid":{"rendered":"https:\/\/eandelmagazine.com\/eandelmagazine\/?p=1837"},"modified":"2025-07-28T10:00:16","modified_gmt":"2025-07-28T10:00:16","slug":"xrp-prints-higher-lows-tests-3-23-resistance-with-heavy-volume","status":"publish","type":"post","link":"https:\/\/eandelmagazine.com\/eandelmagazine\/xrp-prints-higher-lows-tests-3-23-resistance-with-heavy-volume\/","title":{"rendered":"XRP Prints Higher Lows, Tests $3.23 Resistance With Heavy Volume"},"content":{"rendered":"<header class=\"hideOnPrint yf-kexqf5\">\n<div class=\"ybar-sticky\">\n<div id=\"ybar\" class=\"ybar-ytheme-crunch ybar-property-finance ybar-variant-none _yb_kkul5x _yb_na1vgi _yb_79nkit _yb_1447uxu ybar-track-link-views non-generic-property _yb_lyi21q \" role=\"banner\" data-spaceid=\"980770557\" data-testid=\"Email_Birth_Year_on_Checkout_for_SO,addensitylevers-test,ramp_ii_stock_picks_card_control\" data-version=\"3.10.78\" data-issinglerowheader=\"true\" data-issinglerowsearchbox=\"true\">\n<div id=\"ybar-inner-wrap\" class=\"_yb_1meo0jp \">\n<div class=\"_yb_1hpv8qw\">\n<div class=\"_yb_123jq1u _yb_1dx2ti5 \">\n<div class=\"_yb_yqa3u4\"><a id=\"ybar-logo\" class=\"_yb_8v20ad _yb_2qluh3\" href=\"https:\/\/finance.yahoo.com\/\" target=\"_self\" data-ylk=\"slk:finance;elm:logo;sec:ybar;subsec:logo;itc:0;\" data-rapid_p=\"480\" data-v9y=\"1\"><\/a><img fetchpriority=\"high\" decoding=\"async\" class=\"yf-1gfnohs loaded\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/7_lkfvKDBNsZzFhExBSStw--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTM5NTtjZj13ZWJw\/https:\/\/media.zenfs.com\/en\/coindesk_75\/844ba04b7addba7d1a8230d94e31de30\" width=\"837\" height=\"517\" \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/header>\n<p>&nbsp;<\/p>\n<section class=\"mainContainer yf-w6ui20\">\n<section class=\"mainContent yf-w6ui20\">\n<section class=\"main yf-w6ui20\">\n<article class=\"gridLayout yf-w6ui20\">\n<div class=\"article yf-l7apfj\">\n<div class=\"article-wrap no-bb\" data-testid=\"article-content-wrapper\">\n<div class=\"cover-wrap yf-1rjrr1\"><\/div>\n<div class=\"byline yf-1k5w6kz\">\n<div class=\"byline-attr yf-1k5w6kz\">\n<div>\n<div class=\"byline-attr-author yf-1k5w6kz\">Shaurya Malwa<\/div>\n<div class=\"byline-attr-time-style\"><time class=\"byline-attr-meta-time\" datetime=\"2025-07-28T05:00:29.000Z\" data-timestamp=\"2025-07-28T05:00:29.000Z\">Mon, July 28, 2025 at 6:00 AM GMT+1<\/time>\u00a0<span class=\"byline-attr-mins-read yf-37lelh\">2 min read<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"byline-share yf-1k5w6kz\">\n<div>\n<div class=\"icon fin-icon inherit-icn sz-large yf-i21ao6\" aria-hidden=\"true\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"body-wrap yf-40hgrf\">\n<h2 class=\"type-section-sm-bold yf-gjjls9\">In This Article:<\/h2>\n<div class=\"ticker-list yf-pqeumq\">\n<div>\n<div>\n<div class=\"scroll-carousel yf-r5lvmz\" data-testid=\"carousel-container\">\n<div class=\"carousel-top yf-pqeumq\">\n<div>\n<div class=\"name yf-90gdtp\"><span class=\"symbol yf-90gdtp\">XRP-USD<\/span><\/div>\n<p><span class=\"ticker-wrapper yf-90gdtp has-follow\"><a class=\"ticker medium hover2 border has-follow streaming extraPadding yf-90gdtp\" title=\"XRP-USD\" href=\"https:\/\/finance.yahoo.com\/quote\/XRP-USD\/\" data-testid=\"ticker-container\" aria-label=\"XRP-USD\" data-ylk=\"elm:qte;elmt:link;itc:0;sec:ticker-tag-module;slk:XRP-USD\" data-rapid_p=\"4\" data-v9y=\"1\"><span class=\"d60f3b00 c4af00a5\">+2.22%<\/span><\/a><\/span><\/p>\n<div class=\"follow yf-90gdtp extraPadding\">\n<div class=\"menuContainer follow-btn yf-1l5q6k1\">\n<div class=\"icon fin-icon secondary-icn sz-medium yf-i21ao6\" aria-hidden=\"true\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"body yf-1ir6o1g\">\n<div class=\"atoms-wrapper\">\n<p class=\"yf-1090901\">XRP posted modest gains despite intraday volatility, recovering from early lows to close near $3.22 on strong afternoon volumes. Institutional accumulation and a late-session rally hint at upside continuation.<\/p>\n<h3 class=\"header-scroll yf-gn6wdt\">What to Know<\/h3>\n<p class=\"yf-1090901\">XRP advanced 1.3% during the 24-hour period ending July 27 at 20:00, trading between a low of $3.15 and a high of $3.23. The token dipped to $3.16 early in the session but rebounded sharply on strong buying interest. A late-session rally added to bullish momentum as XRP settled near the top of its range, suggesting short-term strength heading into the next trading window.<\/p>\n<h3 class=\"header-scroll yf-gn6wdt\">News Background<\/h3>\n<p class=\"yf-1090901\">Market conditions remained uncertain as crypto sentiment continues to digest recent ETF-related volatility and liquidation activity. Despite this, XRP showed signs of technical resilience, supported by signs of institutional buying pressure. Broader narratives around XRP&#8217;s utility in cross-border payments and DeFi integration continue to underpin long-term interest.<\/p>\n<h3 class=\"header-scroll yf-gn6wdt\">Price Action Summary<\/h3>\n<p class=\"yf-1090901\">\u2022 XRP declined to $3.16 around 09:00 before reversing higher<br \/>\n\u2022 Afternoon session saw volumes surge to 81.78M and 69.06M at 16:00 and 17:00, well above the 24-hour average of 38.25M<br \/>\n\u2022 The token traded in a narrow $0.07 range, or 2.17% spread, between $3.15 and $3.23<br \/>\n\u2022 Final hour rally lifted XRP from $3.21 to $3.22 with strong volume at $3.20-$3.22 levels<br \/>\n\u2022 Support held firm at $3.16, with multiple successful retests through the day<\/p>\n<h3 class=\"header-scroll yf-gn6wdt\">Technical Analysis<\/h3>\n<p class=\"yf-1090901\">XRP formed a clean ascending channel throughout the session, with a series of higher lows from $3.16 to $3.22. Resistance near $3.23 capped gains, but the strong bounce from $3.20 in the final hour showed momentum strength. Volume spikes of 2.11M at 20:02 and 1.97M at 20:08 confirmed institutional interest and accumulation patterns. XRP now needs to decisively break and hold above $3.23 to confirm a short-term bullish continuation.<\/p>\n<h3 class=\"header-scroll yf-gn6wdt\">What Traders Are Watching<\/h3>\n<p class=\"yf-1090901\">\u2022 Can XRP hold above $3.20 amid broader market consolidation?<br \/>\n\u2022 Will follow-through volume emerge to test the $3.25\u2013$3.30 range?<br \/>\n\u2022 Institutional inflows remain key as spot volumes surge above average in recovery phases<br \/>\n\u2022 Technical traders eye confirmation of ascending channel breakout toward $3.30+<\/p>\n<\/div>\n<\/div>\n<\/div>\n<section class=\"privacy-container yf-1uw5cxs inline\">\n<div class=\"terms-and-privacy small yf-1uw5cxs column\"><a class=\"subtle-link fin-size-small privacy-link-terms-link yf-u4gyzs\" href=\"https:\/\/guce.yahoo.com\/terms?locale=en-US\" data-ylk=\"elm:corp;elmt:link;itc:0;sec:article;subsec:footer\" data-rapid_p=\"6\" data-v9y=\"1\">Terms<\/a>\u00a0and\u00a0<a class=\"subtle-link fin-size-small privacy-link-privacy-link yf-u4gyzs\" href=\"https:\/\/guce.yahoo.com\/privacy-policy?locale=en-US\" data-ylk=\"elm:corp;elmt:link;itc:0;sec:article;subsec:footer\" data-rapid_p=\"7\" data-v9y=\"1\">Privacy Policy<\/a><\/div>\n<div class=\"link-groups yf-1uw5cxs column\"><a class=\"subtle-link fin-size-small privacy-link-dashboard noUnderline yf-u4gyzs\" href=\"https:\/\/guce.yahoo.com\/privacy-dashboard?locale=en-US\" data-ylk=\"elm:corp;elmt:link;itc:0;sec:article;subsec:footer\" data-rapid_p=\"8\" data-v9y=\"1\">Privacy Dashboard<\/a><\/div>\n<div class=\"link-groups yf-1uw5cxs column\"><\/div>\n<\/section>\n<\/div>\n<ul class=\"seamless-wrapper yf-19569yf\">\n<li data-testid=\"seamlessscroll-f0b917bd-be9c-34dc-bbda-229d13810dcb\">\n<div class=\"body-wrap yf-40hgrf\">\n<div class=\"body yf-1ir6o1g\">\n<div class=\"atoms-wrapper\">\n<ul class=\"yf-1woyvo2\">\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\">Chipotle\u2019s brand holds significant value in the cutthroat restaurant industry, helping support ongoing pricing power.<\/p>\n<\/li>\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\">The company is hitting a rough stretch, but the long-term growth opportunity is robust.<\/p>\n<\/li>\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\">Investors can buy shares today at a P\/E ratio that\u2019s at a five-year low.<\/p>\n<\/li>\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\"><a class=\"link \" href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=40197f33-a744-4d6c-a953-136f6bf81e24&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-nonbbn-kp%3Faid%3D8867%26source%3Disaedikp0000053%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Dkeypoints_pitch_feed_yahoo%26ftm_pit%3D17670\" target=\"_blank\" rel=\"nofollow noopener\" data-ylk=\"slk:10 stocks we like better than Chipotle Mexican Grill \u203a;elm:context_link;itc:0;sec:content-canvas\" data-rapid_p=\"89\">10 stocks we like better than Chipotle Mexican Grill \u203a<\/a><\/p>\n<div class=\"cover-wrap yf-1rjrr1\">\n<div class=\"top-header yf-1rjrr1\">Key Points<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<div class=\"wrapper yf-eondll\" data-testid=\"inarticle-ad\">\n<div id=\"sda-INARTICLE-SEAMLESS-f0b917bd-be9c-34dc-bbda-229d13810dcb-1\" class=\"sdaContainer dv-all sda-INARTICLE-SEAMLESS-f0b917bd-be9c-34dc-bbda-229d13810dcb-1 yf-1m4k8v7 overflow margin visible placeholder\" data-testid=\"ad-container\" data-ad-unit=\"\/22888152279\/us\/yfin\/ros\/mw\/us_yfin_ros_mw_mid_center\" data-ad-size=\"300x250,320x50,300x600,2x2,3x2,fluid\" data-ad-region=\"main-dynamic\" data-ad-loc=\"mid_center\" data-google-query-id=\"CNHZ64aX344DFfQyigMde_MiMg\">\n<div id=\"google_ads_iframe_\/22888152279\/us\/yfin\/ros\/mw\/us_yfin_ros_mw_mid_center_0__container__\"><\/div>\n<\/div>\n<\/div>\n<p class=\"yf-1090901\">With its innovation in the restaurant industry, creating and scaling the fast-casual concept,\u00a0<strong>Chipotle Mexican Grill<\/strong>&#8216;s\u00a0<span class=\"ticker\">(NYSE: CMG)<\/span>\u00a0success can&#8217;t be overlooked. Its growth has been spectacular, despite macro headwinds causing weakness this year. And shares have more than doubled in the past five years, a great outcome for investors.<\/p>\n<p class=\"yf-1090901\">As of July 24, this top restaurant stock trades 34% below its peak, which was established in June 2024. You might bet thinking about buying the dip, but before you press the &#8220;buy&#8221; button, here are three things you must about know Chipotle.<\/p>\n<figure class=\"yf-8xybrv\">\n<div class=\"image-container yf-1gfnohs\">\n<div class=\"image-wrapper yf-1gfnohs\"><img decoding=\"async\" class=\"yf-1gfnohs loaded\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/scIi4MFMR0asGKClzeIoLQ--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQ0NA--\/https:\/\/media.zenfs.com\/en\/motleyfool.com\/0a45764c2e8d2ac06b4a8a00765a12f7\" alt=\"A family eating Tex-Mex food at a restaurant.\" width=\"640\" height=\"444\" \/><\/div>\n<\/div><figcaption class=\"yf-8xybrv\">Image source: Getty Images.<\/figcaption><\/figure>\n<h2 class=\"header-scroll yf-gn6wdt\">1. Leading the restaurant industry<\/h2>\n<p class=\"yf-1090901\">The restaurant industry might be the most competitive market there is. Consumers have an unlimited number of options to choose from, with no switching costs. Anyone with some capital and an idea could open a restaurant, minimizing the barriers to entry. Businesses must constantly cater to changing tastes and preferences, while dealing with inflationary pressures for labor and ingredients.<\/p>\n<div class=\"wrapper yf-eondll\" data-testid=\"inarticle-ad\"><\/div>\n<p class=\"yf-1090901\">This makes it very difficult for a company to develop durable competitive advantages. However, Chipotle has done just that. For starters, its brand has become highly regarded among customers, especially since the business bounced back successfully from the health scare about a decade ago. Chipotle has 40 million rewards members, showcasing customer loyalty, and it&#8217;s the third most popular restaurant chain reported in\u00a0<strong>Piper Sandler<\/strong>&#8216;s latest\u00a0Taking Stock With Teens Survey.<\/p>\n<p class=\"yf-1090901\">That brand strength has supported\u00a0<a class=\"link \" href=\"https:\/\/www.fool.com\/terms\/p\/pricing-power\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=a2fb1fa5-b745-4b58-bf72-e1a9e96dc22f\" target=\"_blank\" rel=\"nofollow noopener\" data-ylk=\"slk:pricing power;elm:context_link;itc:0;sec:content-canvas\" data-rapid_p=\"90\" data-v9y=\"1\">pricing power<\/a>. To offset higher costs, Chipotle has successfully raised menu prices in recent years.<\/p>\n<p class=\"yf-1090901\">What&#8217;s more, at the current scale of $3.1 billion in Q2 revenue and 3,839 stores, Chipotle likely benefits from a cost advantage. Compared to smaller restaurant chains, this company can better leverage marketing and tech expenses, for instance, while having access to favorable real estate.<\/p>\n<h2 class=\"header-scroll yf-gn6wdt\">2. Impressive growth trajectory<\/h2>\n<p class=\"yf-1090901\">Chipotle has had a challenging year thus far, as it reported 0.4% and 4% drops in\u00a0same-store sales\u00a0in Q1 and Q2, respectively. Foot traffic has been declining, as consumers seek out more value and are more discerning with their spending. The leadership team now expects same-store sales to be flat for the full year, downgrading its outlook.<\/p>\n<\/div>\n<div class=\"read-more-wrapper\" data-testid=\"read-more\">\n<p class=\"yf-1090901\">But Chipotle is still in an enviable position. And executives remain confident in the company&#8217;s strategy, viewing the current situation as a temporary macro speed bump.<\/p>\n<p class=\"yf-1090901\">The growth story is still intact. Chipotle opened 61 new locations in the last three months, with the drive-through Chipotlane being built in more of these stores to bolster accessibility and convenience. That supports digital sales, which represented 35.5% of total revenue in Q2.<\/p>\n<p class=\"yf-1090901\">Investors should be optimistic. &#8220;We are also confident in our ability to grow new restaurant openings between 8% and 10% and to reach 7,000 restaurants longer term,&#8221; CEO Scott Boatwright said on the\u00a0<a class=\"link \" href=\"https:\/\/www.fool.com\/earnings\/call-transcripts\/2025\/07\/24\/chipotle-cmg-q2-2025-earnings-call-transcript\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=a2fb1fa5-b745-4b58-bf72-e1a9e96dc22f\" target=\"_blank\" rel=\"nofollow noopener\" data-ylk=\"slk:Q2 2025 earnings call;elm:context_link;itc:0;sec:content-canvas\" data-rapid_p=\"92\" data-v9y=\"1\">Q2 2025 earnings call<\/a>.<\/p>\n<h2 class=\"header-scroll yf-gn6wdt\">3. Better deal for investors<\/h2>\n<p class=\"yf-1090901\">Chipotle&#8217;s stock usually hasn&#8217;t traded at a compelling valuation. However, this is no longer the case. Because shares are significantly off their peak, due to softer same-store sales trends, investors are being presented with what I believe is a buying opportunity.<\/p>\n<p class=\"yf-1090901\">The stock can be purchased today at a price-to-earnings ratio of 40. This is the cheapest valuation in the past five years. On the surface, that might look expensive. But considering Chipotle&#8217;s brand value, cost advantage, and growth potential, it looks reasonable. And think about the fact that the company&#8217;s operating income soared 307% between 2019 and<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<\/article>\n<\/section>\n<\/section>\n<\/section>\n<p><!--more--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Shaurya Malwa Mon, July 28, 2025 at 6:00 AM GMT+1\u00a02 min read In This&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,18],"tags":[],"class_list":["post-1837","post","type-post","status-publish","format-standard","hentry","category-business","category-finance"],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","wpucv-grid-three":"","wpucv-grid-two":"","wpucv-grid-one":"","wpucv-classic":"","wpucv-classic-small":"","wpucv-galary":"","covernews-slider-full":"","covernews-slider-center":"","covernews-featured":"","covernews-medium":"","covernews-medium-square":""},"author_info":{"info":["vicrollion"]},"category_info":"<a href=\"https:\/\/eandelmagazine.com\/eandelmagazine\/category\/business\/\" rel=\"category tag\">Business<\/a> <a href=\"https:\/\/eandelmagazine.com\/eandelmagazine\/category\/finance\/\" rel=\"category tag\">Finance<\/a>","tag_info":"Finance","comment_count":"0","_links":{"self":[{"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/posts\/1837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/comments?post=1837"}],"version-history":[{"count":3,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/posts\/1837\/revisions"}],"predecessor-version":[{"id":1840,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/posts\/1837\/revisions\/1840"}],"wp:attachment":[{"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/media?parent=1837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/categories?post=1837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/tags?post=1837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}