XRP News Today: XRP Approaches Technical Breakout That Could Drive 20% Gain

XRP is currently forming a technical pattern that closely mirrors the bullish fractal seen earlier in 2025, which preceded a 70% price surge. The cryptocurrency has been consolidating within a falling wedge, with its price rebounding off the 50-day exponential moving average (EMA) and the 20-day EMA acting as support. This configuration is nearly identical to the one observed in January 2025, when XRP broke out to the upside and climbed from around $2 to over $3.39 within weeks [1].

As of August 2025, XRP is once again testing the upper trendline of the falling wedge, with its relative strength index (RSI) stabilizing near 50 after a sharp pullback from overbought levels. This technical setup suggests a potential breakout could be imminent. A successful breakout above the wedge’s upper boundary could propel the price toward $3.75, representing a move of more than 20% from current levels. However, a rejection at this level could lead to a retest of the 50-day EMA or a decline toward the wedge apex near the 200-day EMA, currently around $2.34 [1].

Analysts are watching for signs of a breakout, with some anticipating that XRP could even surpass $4 this cycle. This optimism is fueled by increased whale accumulation activity and expectations of a Federal Reserve rate cut in September, which may encourage broader risk-taking in financial markets. The similarity between the current pattern and the one from earlier in the year adds to the bullish sentiment among traders [1].

Fundamental developments also support a positive outlook for XRP. Ripple’s XRP Ledger processed over 70 million transactions in July 2025, and more than 1 million new accounts were created during the same period. The growing adoption of stablecoins on the network has further enhanced its utility. For example, Braza Bank issued over $4.2 million worth of its BBRL stablecoin on the XRP Ledger in July, making it the second-largest BRL stablecoin. In the U.S., activity around Ripple’s RLUSD has surged, with daily transfers rising from approximately 5,000 to over 12,000 in just one month [1].

These trends indicate that the XRP network is gaining traction in real-world applications, which could help reinforce the price rally if the technical conditions align. While the pattern and fundamentals suggest a strong case for a move higher, traders are reminded that all investments carry risk and require due diligence before committing capital [1].

Source: [1] Will XRP repeat its 70% rally? Price nears classic fractal breakout (https://cointelegraph.com/news/will-xrp-repeat-70-percent-rally-classic-breakout)