XRP News Today: XRP's 1.95% Drop Tests $3.40-$3.42 Resistance as Analysts Predict 60% Rally or Deeper Correction

XRP’s price trajectory on July 28, 2025, remains a focal point for traders and analysts as conflicting signals emerge from technical indicators and market sentiment. The cryptocurrency opened the day at $3.18, reflecting a 0.58% decline over the previous 24 hours and a sharper 1.95% drop in the last hour [5]. Despite the recent pullback, key resistance levels at $3.40 and $3.42 remain critical for determining whether XRP will consolidate or launch a broader rally. These thresholds, historically tied to significant trading volume and labeled as a “fair value gap” [2], could act as catalysts for a breakout if buying pressure intensifies.

The technical outlook presents mixed signals. On the upside, a sustained move above $3.40 could trigger a rally toward $3.84–$4.72 [2], with aggressive analysts projecting targets as high as $4.35–$4.72 [2]. However, the token’s inability to break through the $3.40–$3.42 zone has led to a sideways pattern, with bulls awaiting stronger volume to confirm a bullish breakout [9]. Conversely, a breakdown below $3.15—a level matching the 4-hour trend zone on technical charts [2]—could signal a deeper correction. A sustained close under $2.75 would invalidate the current bullish case, potentially opening the door to losses below $2.65 [2].

Analysts have offered divergent short-term forecasts. Bullish indicators, including a bullish cross in price action and increased whale wallet activity [1], have spurred predictions of a $7–$24 surge, with some suggesting even higher targets of $6 or $27 [1]. Chart analyst Peter Brandt has forecasted a potential 60% rally [8], while others caution that a close below $3.00 could trigger a correction to $2.80 [8]. On the bearish side, pessimistic scenarios warn of a 50% decline over the next two years if bearish trends persist [7].

Market sentiment appears divided. While the EU-U.S. deal has bolstered overall risk appetite [2], XRP’s immediate outlook hinges on its ability to reclaim $3.40 resistance. A modest 22.6%–53.4% increase from current levels—bringing XRP to $4–$5—could materialize within weeks if buying pressure intensifies [6]. However, failure to sustain momentum above $3.05 may reignite bearish pressure [9]. The 200-day moving average at $2.44 remains a critical long-term support level [3], but traders remain cautious about overreliance on short-term forecasts amid volatile conditions.

As XRP navigates this pivotal juncture, the market’s attention remains fixed on key thresholds and volume dynamics. A successful breakout above $3.40 could reignite bullish momentum, but a breakdown below $3.15 would test the resilience of the current consolidation phase. With divergent forecasts and technical uncertainties, investors are advised to monitor both price action and broader market sentiment for clarity on XRP’s next move.

Source:

[1] [XRP Price Prediction: Bullish Cross Fuels $9 to $24 Targets] [https://www.fingerlakes1.com/2025/07/28/xrp-price-prediction-356571234/]

[2] [XRP Price Prediction For July 28] [https://coinpedia.org/news/xrp-price-prediction-for-july-28/]

[3] [XRP Price Prediction for July 28] [https://u.today/xrp-price-prediction-for-july-28]

[5] [XRP price prediction – end of the XRP bull rally or a ...] [https://crypto.news/xrp-price-prediction/]

[6] [Pundit Predicts Timeline for XRP to Reach $15, Says $5 ...] [https://thecryptobasic.com/2025/07/28/pundit-predicts-timeline-for-xrp-to-reach-15-says-5-could-happen-any-day-now/]

[7] [Prediction: 2 of Crypto's Biggest Winners -- XRP and Bitcoin] [https://www.fool.com/investing/2025/07/28/prediction-xrp-bitcoin-will-lose-50-next-2-years/]

[8] [XRP Price Prediction for Today, July 28] [https://www.binance.com/en/square/post/27539344569402]

[9] [Bitcoin, Ethereum, XRP Price Prediction for Next Week ...] [https://coinpedia.org/price-analysis/bitcoin-ethereum-xrp-price-prediction-for-next-week-28th-july-2nd-aug-2025/]