XRP News Today: XRP Near $3.33 Resistance Paves Path Toward $4.39 and $5.85 Bull Run

XRP is currently approaching a critical resistance level at $3.33, a threshold that analysts suggest could be a catalyst for a significant upward movement. If buyers maintain control and the price surges above this level, it could potentially lead to a bullish push toward $4.39 and $5.85 within the near term [1].

Recent price action has shown XRP staging a notable rebound from key support levels, most recently at $0.3333 and $0.3642 on August 7. The bounce has placed the cryptocurrency at a pivotal juncture. According to crypto analyst Dark Defender, a breakout above $3.33 could trigger a rapid rally, with the asset likely to consolidate around $3.05 in the interim before any explosive movement [1]. This development follows months of a complex corrective phase, outlined by detailed Elliott Wave analysis, which indicates that XRP has completed a five-wave decline and is now poised for a potential reversal [1].

Technical indicators are also aligning with bullish expectations. The Relative Strength Index (RSI) has shown multiple dips into oversold territory, forming potential bullish divergence patterns. These signals have historically preceded significant recoveries in the cryptocurrency market [1]. Momentum readings further suggest that XRP may be entering an “expected move zone,” where upward momentum could accelerate if buyers continue to dominate the market. This dynamic could signal the start of a new impulse wave, marking a transition from a prolonged corrective phase into a more constructive trend [1].

Despite the encouraging signs, XRP still faces several resistance levels. Clearing $3.33 remains a key prerequisite for a broader bullish run, as the Elliott Wave structure indicates that higher targets—$4.39 and $5.85—are in view over the short term [1]. A successful breakout would not only confirm the completion of the corrective sequence but also strengthen the case for a new bullish cycle, potentially attracting renewed investor interest and increasing buying pressure [1].

The convergence of technical indicators and price action supports the possibility of a sustained upside move for XRP. If the asset maintains its current momentum and successfully clears the $3.33 level, it could mark a turning point for the market, with the potential to drive XRP toward its next resistance levels [1].

Investors are advised to closely monitor XRP’s performance at this critical juncture, as the outcome could have significant implications for the asset’s short-term trajectory.

Source: [1] XRP Approaches Key Resistance at $3.33, Potentially Paving the Way for a Bullish Surge Toward $4.39 and $5.85 August 11, 2025 (https://en.coinotag.com/xrp-approaches-key-resistance-at-3-33-potentially-paving-the-way-for-a-bullish-surge-toward-4-39-and-5-85/)