XRP News Today: XRP Analysts Debate Final Bull Run Phase Amid $3.05 Trading and Key Resistance Looming

XRP is drawing renewed attention in the crypto market as analysts debate whether it is entering the final phase of its ongoing bull run. STEPH IS CRYPTO, a prominent crypto analyst, argues that the asset is currently in the fifth and final wave of the Elliott Wave pattern, a classic indicator often seen at the end of a bullish cycle [1]. His analysis draws a direct comparison between XRP’s current price action and its 2017 bull run, noting similar consolidation and breakout patterns. In 2017, XRP surged from around $0.006 to a peak of $3.84, and STEPH suggests the 2025 rally may be following a nearly identical technical rhythm [1].

Further reinforcing this view is the Stochastic RSI indicator, which has reached its maximum value of 100 in both the 2017 and 2025 cycles. This level is traditionally seen as a signal of overheated market conditions and is often followed by sharp corrections [1]. STEPH highlights these extreme levels on his chart, emphasizing that XRP may be entering the final euphoric leg before a reversal. As of the latest data, XRP is trading near $3.05, having previously tested the $3.09 intraday high. However, buyers are facing growing resistance between $3.30 and $3.60, and trading volumes are showing signs of tapering [1].

Other analysts have also weighed in, with EGRAG suggesting that the final leg of XRP’s rally could still be ahead and potentially "epic" in scale [2]. Yet, such optimism is tempered by the recognition that institutional adoption and regulatory clarity will be key to sustaining this momentum. A recent analysis emphasized that as long as XRP maintains daily closures above $2.80, it remains in a strong bullish position [3]. This level has become a psychological and technical benchmark for the market, with many traders watching closely for signs of a potential breakout.

Looking further, some bullish forecasts predict XRP could reach $5 to $15, but these outcomes are largely dependent on broader market trends and institutional participation [4]. A more immediate target is $3.30, with analysts noting that a successful break above $3.10 could set the asset on a path to reclaim its 2018 high of $3.84 [5]. However, caution is growing among market participants, with warnings that XRP could soon face a breakdown after losing a key support level [6]. This divergence between bullish and bearish expectations reflects the heightened uncertainty in the market.

Institutional and regulatory factors are playing a central role in shaping XRP’s trajectory. Analysts highlight that favorable regulatory developments and increasing adoption of Ripple’s products—such as RLUSD and transaction burns—are creating a solid foundation for potential growth [7]. Nonetheless, the broader market environment remains unpredictable, with XRP struggling to maintain a sustained upward momentum as it challenges downtrend lines [8]. The asset is in a critical phase, and the next few weeks will be crucial in determining whether it can sustain its rally or enter a more bearish phase.

Traders are being advised to remain cautious and to closely monitor both price movements and regulatory developments. STEPH IS CRYPTO’s warning underscores the importance of staying alert and taking profits at strategic points to avoid being caught off guard by a potential reversal. While the technical picture appears strong, the market remains in a delicate balance, with expectations for continued growth clashing against growing concerns about overvaluation and volatility.

Source:

[1] title: Analyst Says XRP Is At the End Stage of the Bull Market. Here’s why (https://timestabloid.com/analyst-says-xrp-is-at-the-end-stage-of-the-bull-market-heres-why/)

[2] title: Analyst Predicts How High XRP Could Go as Its Epic Final Leg Approaches (https://thecryptobasic.com/2025/08/04/analyst-predicts-how-high-xrp-could-go-as-its-epic-final-leg-approaches/)

[3] title: Analyst Warns XRP Investors Not To Let Fear Dictate Their Moves (https://www.mitrade.com/insights/news/live-news/article-3-1010430-20250805)

[4] title: XRP bounces back! Is the $3 breakout coming sooner than anyone expected? (https://m.economictimes.com/news/international/us/xrp-bounces-back-is-the-3-breakout-coming-sooner-than-anyone-expected/articleshow/123097256.cms)

[5] title: Is XRP the best buy for $500 today? (https://www.thestreet.com/crypto/markets/is-xrp-the-best-buy-for-500-today)

[6] title: Is This the Time to Sell XRP? Analysts Eye a Lower Re-Entry Point (https://cryptopotato.com/is-this-the-time-to-sell-xrp-analysts-eye-a-lower-re-entry-point/)

[7] title: Could XRP (Ripple) Hit $10 Before 2027? (https://finance.yahoo.com/news/could-xrp-ripple-hit-10-093000815.html)

[8] title: BTC Risks Deeper Slide to $100K, XRP Challenges Corrective Trend (https://www.coindesk.com/markets/2025/08/04/btc-risks-deeper-slide-to-usd100k-xrp-challenges-corrective-trend)