Cryptocurrency Ripple experiences a cooling rally after peaking at $3.65; analyzing potential future developments.
In the past week, the price of XRP, the third-largest cryptocurrency by market capitalisation, has surged by 19%. This upward trend has sparked a cautiously optimistic outlook among analysts, who predict potential upside towards new all-time highs in the coming weeks.
The recent surge has taken XRP's price to a yearly high of around $3.66 in mid-July 2025. Analysts are bullish about a potential surge to $6–$8 in August, which would represent a significant gain from current levels. This optimism is supported by recent positive developments in Ripple’s legal situation, which has reduced regulatory uncertainty and boosted investor confidence.
Whale activity, a significant factor influencing XRP’s price, has also been a driving force behind the recent surge. A large $175 million XRP transfer by Ripple co-founder Chris Larsen triggered volatility, but also demonstrated high liquidity and institutional interest. Despite the short-term volatility, whale sell pressure has decreased by over 90%, contributing to positive market sentiment.
From a technical perspective, the short-term charts show mixed signals. XRP is currently trading around $2.8–$3.0 with some resistance near $2.84–$2.87 and support around $2.75. While the Relative Strength Index (RSI) indicates neutral to slightly bearish sentiment and the MACD shows a bearish crossover suggesting short-term downside risk, a descending triangle pattern points to a possible breakout near $3.32 if resistance is overcome. Some analysts also highlight a “symmetrical triangle” pattern that could propel XRP towards $15 if a strong breakout occurs.
On-chain network growth and institutional interest appear strong, reflected by consecutive positive weeks and increased trading volumes in late July. Over 93% of XRP holders remain in profit, which sometimes leads to profit taking and increased volatility, but overall shows widespread investor profitability and market stability.
In summary, the near-term outlook for XRP includes potential bullish breakouts to $6–$8 in August 2025, driven by positive sentiment, legal clarity, and strong support zones. Whale transfers show renewed institutional momentum but cause some short-term volatility. Mixed technical indicators imply short-term caution but leave room for significant upward moves with key resistance around $3.00 to surpass. Robust network and holder profitability support a sustained uptrend.
While short-term price dips are possible, the broader narrative and technical patterns suggest XRP could see a substantial rally in the coming weeks, potentially reaching new all-time highs if current momentum and positive catalysts persist. However, the tendency implies there are fewer new market entrants, which may restrict the upside potential in the short run. If buyers slow down and profit-taking begins, the price may face pressure unless fresh demand supports the move.
At press time, XRP was trading at $3.49. The current setup for XRP remains bullish, according to technical analysis. Key resistance levels for XRP are $3.80, $4.33, and $4.72. The Relative Strength Index (RSI) is above 80, indicating strong price momentum. Ripple (XRP) reached a new all-time high (ATH) of $3.65. The dip in new user growth for XRP may lead to a brief correction or consolidation. The increase was due to broader market gains, interest following the launch of the ProShares Ultra XRP ETF, and increased demand resulting from recent U.S. legislation. The $4.00 level may act as a key pivot point for upcoming price action.
- Investors can leverage blockchain technology to closely monitor their XRP holdings in a secure digital wallet, as the cryptocurrency's price continues to flourish, nearing potential new highs.
- Analysts are employing technical analysis on XRP's price chart to predict significant gains, with bullish targets at $6–$8, but also advise caution due to the mixed signals and short-term resistance levels.
- The increased interest from both retail and institutional investors, reflected by growing trading volumes, on-chain network growth, and the successful launch of the ProShares Ultra XRP ETF, indicate a sustained bullish trend for XRP in the near future, supporting the perspective of a potential crypto finance rally.
