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Time of India
3 days ago
- Business
- Time of India
XRP on the rise — technical prediction signals bullish breakout imminent as analysts target $3.80 surge
XRP has been steadily climbing for the past two weeks, quietly gaining ground while most traders focused on Bitcoin's volatility. As of August 15, 2025, it's holding near $3.11 — a level sparking renewed optimism among bulls. Analysts now see a potential push to $3.80, a price not seen since the euphoric highs of early 2022. This isn't just chart pattern hopium. There are converging signals — from MACD shifts to liquidity flows — that are giving seasoned market watchers reason to lean bullish. And the implications extend beyond a short-term pop. XRP technical backdrop: On August 13, The Tradable reported a bullish pennant formation emerging on XRP's daily chart, paired with a MACD bullish crossover — a classic momentum trigger that, in past XRP cycles, has preceded rallies of 25–40% within weeks. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Volume data reinforces the signal. Trading activity spiked to ~387,000 XRP on major spot exchanges on August 12, the highest daily turnover since July 24, according to CoinGlass. That's important — breakouts without volume tend to fade; this one has the backing of actual capital rotation. ALSO READ: US stock futures today: Dow futures surge on UnitedHealth boost, S&P ticks higher; Nasdaq slides after Applied Materials chip warning Live Events The RSI reading at ~54 tells another story: the market isn't overheated yet. Compare this to early July, when an RSI above 70 preceded a 9% pullback from $3.26. Short-term support levels are firming around: EMA-20 near $3.14 (holding since August 8) EMA-50 near $2.93 (last breached in late June before the 15% rebound from $2.60) If $3.14 holds through the next Fed commentary cycle, $3.80 becomes technically plausible in Q3. XRP is no longer trading in Bitcoin's shadow One underappreciated driver here is XRP's decoupling from Bitcoin's intraday swings. In July 2024, XRP's 30-day rolling correlation with BTC sat at 0.81 — essentially lockstep. By August 2025, that figure has dropped to 0.58 (Kaiko Analytics), signaling that XRP is increasingly moving on its own catalysts. Why? Partly because institutional flows are changing. According to CoinShares' Digital Asset Fund Flows report (Aug 12) , XRP-focused investment products saw $9.1 million in inflows last week — the highest since March — while Bitcoin funds recorded mild outflows. Legal clarity and payment adoption are quietly reshaping the risk profile Ever since Ripple's July 2023 partial court victory against the SEC, the token's regulatory overhang has eased. That matters in 2025 because large payment corridors — especially in Southeast Asia and the Middle East — are experimenting with XRP-based cross-border settlements. Ripple's Q2 2025 report revealed that ODL (On-Demand Liquidity) transactions are now live in 27 new banking relationships , including two mid-tier UAE institutions that were previously skeptical of crypto rails. This adoption isn't priced into short-term technical models, but it's the kind of structural shift that can sustain higher price floors. Short-Term Data Trends (Daily to Weekly) Price Movement : XRP slipped from mid-July's high (~$3.66) down to test critical support near $3.08–$3.10 . Volatility & Liquidations : A rush of sell-offs triggered over $1 billion in liquidations , costing XRP about 7% intraday, though late-session buying hinted at stabilization. Technical Levels : Support stands firm near $3.08–$3.10 . Resistance remains stout in the $3.33–$3.50 zone . Chart patterns: A symmetrical triangle, trading between ~$3.20 and ~$3.30–$3.34, hints at a breakout point ahead. Long-Term Historical Context 52-Week Range : XRP's six-month low hovered around $1.64 , with a high near $3.66 in July 2025. Multi-Year Returns : Year-to-date (2025) gain: approximately +450%. All-time high : $3.84 (early 2018) Lowest ever price : around $0.0028 in July 2014 Risks that could derail the $3.80 move The bullish case isn't bulletproof. A few red flags worth tracking: Macro shocks — If the Fed surprises with a hawkish turn in September, risk assets, including XRP, could face temporary drawdowns. Liquidity traps — Whales have been unusually active near $3.30, with on-chain data from Santiment showing two addresses moving over 28 million XRP to exchanges in the last week. Regulatory surprises — The SEC's ongoing appeal process still hangs in the background, even if momentum seems against them. Beyond $3.80 — is $5 realistic in 2025? Some analysts, like Bitget's June forecast, argue for $5 before year-end , citing the possibility of an ETF-like XRP investment vehicle in Asia. While plausible, the path to $5 would likely require: A confirmed breakout above $3.80 with volume exceeding 500K daily XRP. Sustained inflows into altcoin-focused funds. No major regulatory curveballs in Q4. Historically, XRP has needed macro tailwinds plus a fundamental catalyst to break multi-year resistance. The last such run was in late 2020–early 2021, when settlement hype combined with a crypto-wide bull phase to send XRP up 480% in five months. Right now, $3.80 isn't just a number on a chart — it's the market's line in the sand between a consolidation phase and the start of a more aggressive rally. The indicators are aligned, institutional money is trickling in, and macro conditions are relatively supportive. But crypto history is littered with 'perfect setups' that fizzled when one unexpected variable changed. Traders chasing the $3.80 move should have exit plans, and investors should see it as one chapter in XRP's longer-term story — a story increasingly shaped by real-world payment adoption, not just speculative cycles. FAQs: Q1. What is the current XRP price prediction for short term? Around $3.33–$3.50 if support holds near $3.10. Q2. Can XRP reach the $3.80 target soon? Yes, if volume spikes and resistance breaks. Q3. What is XRP's short-term price prediction? Analysts currently expect XRP to test the $3.33–$3.50 resistance zone if the crucial $3.10 support level holds. A breakout above $3.50 could accelerate the move toward $3.80. Q4. Can XRP realistically hit the $3.80 target? Yes. Technical patterns like the bullish pennant and MACD crossover, paired with rising trading volume (~387K XRP on Aug 12), support a $3.80 breakout scenario in Q3 2025 if momentum stays intact. Q5. What factors are driving XRP's current uptrend? Technical signals: Bullish pennant, MACD crossover, and RSI at ~54 (not overbought). Institutional inflows: $9.1M into XRP-focused products last week (CoinShares). Decoupling from Bitcoin: Correlation with BTC has dropped from 0.81 (July 2024) to 0.58 (Aug 2025). Payment adoption: Ripple's ODL live with 27 new banks, especially in Southeast Asia and the Middle East. Q6. What are the key support and resistance levels to watch? Support: $3.08–$3.10 (crucial), EMA-20 at $3.14, EMA-50 at $2.93. Resistance: $3.33–$3.50 (immediate), then $3.80 (major breakout point). Q7. What risks could derail the bullish setup? Macro shifts: Fed's September stance turning unexpectedly hawkish. Whale activity: Large sell orders near $3.30 — over 28M XRP moved to exchanges in the past week. Regulatory twists: SEC appeal process still pending, though momentum seems against them. Q8. Could XRP reach $5 in 2025? It's possible but requires a clean break above $3.80 with daily volumes exceeding 500K XRP, sustained institutional inflows, and no major regulatory setbacks. Macro tailwinds and real-world adoption would need to align, similar to the 480% rally in late 2020–early 2021.
Economic Times
6 days ago
- Business
- Economic Times
XRP price prediction: slipping nearly 8% in four days — is this sharp dip the calm before a $12.60 storm after the SEC win?
Synopsis XRP price forecast is at a critical point after slipping nearly 8% in four days, testing key support near $3.11. Traders are closely watching whether it can break above the $3.42 resistance, a move that could spark a rally toward $4.00 and beyond. Analysts point to strong institutional interest, bullish technical patterns, and Ripple's recent legal win against the SEC as key drivers. However, looming U.S. inflation data could add volatility. XRP has taken a hit, sliding almost 8% over the past four days, but traders are wondering if this pullback is just the setup for a massive breakout fueled by its recent SEC victory. XRP is once again in the spotlight after a volatile week that saw the token retreat from recent highs, leaving traders debating whether this is a healthy pause before another rally or the start of a deeper pullback. Despite the dip, several prominent analysts remain convinced that XRP could be on the brink of a breakout toward $4.00 — and potentially much higher — if it can hold key support levels and overcome looming macroeconomic headwinds. Over the past four sessions, XRP has shed roughly 8%, sliding from above $3.40 to intraday lows near $3.11, according to TradingView data. Analysts attribute the decline to a wave of profit-taking after a strong rally earlier this month, as well as cautious positioning ahead of the U.S. CPI inflation data release — an event that could rattle the broader crypto market if it signals more aggressive Federal Reserve policy. Despite the pullback, daily trading volumes remain elevated, suggesting that institutional interest in XRP has not waned. 'We're seeing some selling pressure, but it's more of a tactical repositioning than a loss of confidence,' one market strategist told Finance Magnates. Ali Chart, a well-known crypto analyst, points to a breakout from a multi-year triangle pattern and the legal clarity following Ripple's SEC court victory as the foundation for a much larger move. His near-term focus is a $3.50–$3.70 breakout zone, but his broader projection sees the possibility of XRP hitting $12.60 over the next market cycle. Separately, a trader featured in The Tradable has identified $3.10 as a 'perfect dip' entry point, maintaining a bullish target of $4.00 in the coming weeks. 'If XRP can reclaim and hold above $3.42, the momentum could quickly snowball,' the trader noted. Support zone: $3.05–$3.15 $3.05–$3.15 Immediate resistance: $3.42 $3.42 Upside target if breakout succeeds: $3.60–$4.00 $3.60–$4.00 Downside risk if support breaks: $2.95–$3.00 $2.95–$3.00 Drivers: U.S. CPI inflation data, profit-taking pressure, trading volume strength End of 2025 target: $5.05 (Coinpedia) $5.05 (Coinpedia) Cycle rally potential: $8–$11 (NewsBTC 'euphoria phase') $8–$11 (NewsBTC 'euphoria phase') Ultra-bullish forecast: $12.60 (Ali Chart, post-SEC win) $12.60 (Ali Chart, post-SEC win) 2030 projection: $26.50 (Coinpedia) $26.50 (Coinpedia) 2050 projection: $526 (speculative long-term scenario) $526 (speculative long-term scenario) Drivers: Ripple's legal clarity, institutional adoption, macroeconomic environment, ETF approvals, technical breakout patterns Technical analysts highlight $3.42 as the immediate resistance level that could unlock a push toward $3.60–$3.70, with $4.00 as the next major psychological barrier. On the downside, failure to defend $3.15 could open the door to a retest of the $2.95–$3.05 range. These thresholds are likely to be tested in the days surrounding the U.S. CPI report, as macro-driven volatility tends to spill over into crypto markets. Some bullish forecasters, including those at NewsBTC, believe XRP is positioned for an 'euphoria phase' between August and October 2025, fueled by positive technical patterns like a bullish flag breakout and historical cycle behavior. In this scenario, a clean break above $5.00 could ignite a rally toward $8–$11. Coinpedia's long-term models take the optimism further, projecting $5.05 by the end of 2025, $26.50 by 2030, and even $526 by 2050 — though such ultra-bullish targets remain speculative and highly dependent on market adoption, regulatory stability, and macroeconomic conditions. XRP's current setup is a classic tug-of-war between short-term traders locking in profits and longer-term bulls positioning for what they see as a much bigger move ahead. With macroeconomic events looming, the next two weeks could prove pivotal in determining whether XRP finally breaks through the $3.42 resistance or slides back toward key support levels. For now, the message from the data is clear: liquidity remains strong, technicals are coiling, and one decisive breakout could be all it takes to shift the narrative from caution to euphoria. Q1: What is the current XRP price forecast for 2025? Analysts see potential for $4 short term and up to $12 long term if key resistance breaks. Q2: Why is the XRP price going down today? Profit-taking and caution ahead of U.S. inflation data are driving the short-term dip.
