XRP News Today: XRP Eyes $3.14 as Crypto Market Consolidates Amid SHIB and PEPE Volatility

The cryptocurrency market is showing signs of consolidation following a volatile start to August 2025, with attention focused on the performance of XRP, Shiba Inu (SHIB), and PEPE. Analysts are examining key technical indicators and institutional sentiment to assess potential price movements for these altcoins, which remain popular among retail and institutional investors alike [1].

XRP is currently trading between $3.02 and $3.14, having stabilized after rising from $2.72 in recent days. Technical analysis suggests strong support in the $2.90–$3.00 range and resistance at $3.10–$3.20, with the potential to reach $3.40 if bullish momentum persists. A short-term model from Bitget forecasts a price of $3.14 today, with a gradual rise to $3.39 by the end of the month and $4.62 by year-end. Perplexity AI, however, predicts a more ambitious $7 by the end of 2025, with a potential of $20 if regulatory and ETF developments favor the market [1]. Analysts remain cautious, with a year-end target of $5 based on growing institutional interest and favorable legislative trends.

Shiba Inu is currently trading at $0.0000122, down nearly 21% in recent sessions, indicating bearish pressure. Technical patterns, such as a descending wedge and a bullish flag, suggest a potential rebound if the price stays above $0.0000103 and breaks through resistance at $0.0000171, potentially rising to $0.0000239. Perplexity AI forecasts a 4x upside, with an optimistic target of $0.00005 by the end of 2025, making SHIB a speculative favorite in today’s crypto landscape [1].

PEPE, the meme coin, is hovering around $0.0000105, having seen a slight decline over the last 24 hours. A falling wedge pattern from early 2025 suggests the possibility of a reversal if market sentiment improves. Perplexity AI predicts PEPE could reach $0.000042 by December, a 4x gain from its current level, while Changelly’s estimates are more conservative, projecting a trading range of $0.0000077 to $0.0000107 until late 2025 [1]. Despite its volatility, PEPE remains a high-risk, high-reward asset, with its future largely dependent on broader meme-coin market dynamics.

Emerging trends in the market indicate a shift in speculative capital toward next-generation meme tokens, particularly those with Layer-2 utility and infrastructure-driven value propositions. This includes tokens like LILPEPE, which have seen increased adoption due to presale funding, anti-bot features, and exchange listings. While XRP, SHIB, and PEPE continue to attract interest, the market appears to be pivoting toward projects that offer both virality and technical scalability [1].

Overall, today’s crypto price predictions suggest a cautious yet optimistic outlook for XRP, with potential for a sustained rally if key resistance levels are breached. SHIB faces bearish pressure but could rebound if it holds above critical support. PEPE remains volatile but could see a turnaround if broader market sentiment improves. Institutional involvement and regulatory clarity will likely play a decisive role in the short-term performance of these assets [1].

Source: [1] Crypto Price Prediction Today 5 August 2025: XRP, Shiba Inu and PEPE (https://thebitjournal.com/crypto-price-prediction-today-5-august-xrp-shib-pepe/)