XRP News Today: XRP Price Approaches Key $3.34 Resistance Amid Bullish Indicators and Legal Catalyst

The XRP price on August 15, 2025, was consolidating just below $3.34 after rebounding from early August lows near $2.72. Traders and analysts were closely monitoring a key resistance zone as XRP moved within a tightening symmetrical triangle pattern, signaling a potential breakout scenario [1]. The price remained above multiple exponential moving average (EMA) levels, offering support, while on-chain data indicated a mild outflow, suggesting decreasing selling pressure [1].

On the 4-hour Fibonacci retracement chart, XRP was hovering near the 0.786 level at $3.46 after reclaiming the 0.618 level at $3.30. The 0.50 level, at $3.19, had recently acted as a pivot for bullish continuation attempts. The Chaikin Money Flow (CMF) indicator stood at 0.04, indicating a slight capital inflow [1].

The symmetrical triangle on the price chart had support near $3.20 and resistance near $3.34. Price was approaching the apex of the formation, indicating a likely directional move. Immediate resistance above $3.34 was expected at $3.46, with the next potential target near $3.66 [1]. The Supertrend on the daily chart remained bullish above $3.45, suggesting the trend was still developing [1].

EMA levels on the 4-hour chart were aligned in a bullish manner, with the 20 EMA at $3.24 and the 50 EMA at $3.19. Bollinger Bands showed moderate expansion, with the price near the upper band at $3.34, reflecting strong buying pressure [1]. The directional movement index (DMI) showed +DI at 30.57 and -DI at 24.47, with an ADX of 12.75, suggesting the trend was building but not yet in full momentum [1].

Smart Money Concepts highlighted recent break-of-structure (BOS) signals, with XRP holding above a key support block near $2.87. The price was positioned to challenge a weak high around $3.35–$3.36 [1]. On-chain data showed a net outflow of -$13.96M on August 14, indicating a shift in token positioning and supporting a bullish case for further upward movement [1].

The liquidity concentration above $3.34 suggested that a breakout could lead to stop-loss triggered movements toward $3.46 and $3.66. A failure to clear this level could result in a pullback toward the $3.20–$3.19 EMA support band [1]. The Bollinger Bands on the 4-hour chart were widening after a period of compression, a typical precursor to a directional expansion. The EMA20 and EMA50 confluence at $3.24–$3.19 provided a critical intraday support base for bulls [1].

Looking ahead, a breakout above $3.34 would confirm the triangle pattern and open the door for a rally toward $3.46 and $3.66. A rejection, however, could push the price back into the $3.20 range before another attempt [1]. Over the next 24 hours, XRP was expected to focus on the $3.34 resistance level. A bullish breakout could aim for $3.46 and $3.66, while a failure to hold above $3.30 might see a retest of $3.20, with further weakness potentially targeting $3.03, the 200 EMA level [1].

The short-term bias remained bullish above $3.20, but confirmation would require a decisive breakout supported by strong volume [1]. Analysts from 30rates.com projected XRP trading at $3.4281 on August 15, with a potential high of $3.6681 and a low of $3.1881. A slight pullback to $3.3659 was also forecast for the following day [8]. These projections underscored a market in transition, with XRP hovering around key psychological levels that could influence the broader trend [8].

Regulatory developments also played a role in the recent price dynamics. Ripple’s legal agreement with the SEC had been widely interpreted as a catalyst for renewed investor confidence [10]. This outcome had the potential to increase institutional interest and liquidity, contributing to the price’s resilience in the near term [10].

In the medium to long term, analysts were optimistic about XRP’s potential. Coinpedia projected a realistic target of $5 within the current bull cycle, while more ambitious forecasts suggested a price of $7 to $10 [3]. Nasdaq analysts were more aggressive, forecasting $8 by 2026 and $10.40 by 2027, representing 146% and 220% gains, respectively [2]. Yahoo Finance analysts also cited a long-term price target of $10 in 2030, driven by XRP’s utility in Ripple’s cross-border payment network and the potential for increased adoption [9].

Binance provided a more measured forecast, estimating a 5% increase within 30 days, with a potential price of $3.332491 [6]. This aligned with the broader trend of consolidation and sideways movement as traders awaited further catalysts.

Ripple’s ODL product, which uses XRP as a bridge currency, has the potential to disrupt the international money transfer market, offering a tangible use case that could drive long-term value. Ripple’s ability to capture a portion of the $150 trillion SWIFT market could become a major driver of XRP’s price action, particularly as institutional adoption increases [9].

Overall, XRP was at a pivotal moment as it approached key resistance and support levels. Analysts remained bullish, with short-term targets ranging from $3.33 to $3.66 and long-term forecasts reaching as high as $10 in 2030. The next few weeks would likely determine whether XRP could sustain its upward momentum or face renewed bearish pressure. Market participants were closely watching for further regulatory clarity and institutional adoption developments [1].

Source:

[1] https://coinedition.com/xrp-price-prediction-for-august-15-2025/

[8] https://30rates.com/ripple-price-prediction-tomorrow-week-month-xrp-forecast

[9] https://finance.yahoo.com/news/prediction-xrp-cost-10-2030-102000396.html

[10] https://www.coindesk.com/markets/2025/08/14/xrp-breaks-key-resistance-after-ripple-sec-win-is-usd8-next