XRP News Today: XRP Bounces 10% Amid Bullish Flag and SEC Settlement Optimism

XRP is currently at a crucial juncture as it tests the upper boundary of a symmetrical triangle pattern on its daily chart. The formation suggests a potential continuation of the bullish trend, but the breakout's validity hinges on a significant increase in trading volume. Market participants are closely monitoring whether XRP can confirm the breakout with strong volume, which would signal a shift in momentum and potentially initiate a new upward phase [1].

On August 12, 2025, XRP dipped to an intraday low of $3.11, a sharp decline following four consecutive days of price erosion and marking an 8% pullback from its recent high. However, the asset rebounded later in the week, climbing nearly 10% to reach $3.27. This rebound was largely attributed to traders interpreting a bullish flag pattern as a sign of potential upward movement [2]. Analysts have cited the possibility of a continued breakout, with price targets as high as $11 if the pattern holds [1].

XRP’s ability to test the $3.6 resistance level further underscores the significance of volume in confirming a broader breakout. The price recently rebounded from a key support zone, and a sustained move above $3.6 would be essential in validating bullish momentum. Without a corresponding surge in volume, the breakout may remain fragile and susceptible to reversal [3].

The recent resolution of the U.S. Securities and Exchange Commission’s legal case against Ripple has also contributed to a positive sentiment backdrop. A $50 million settlement was reached, which many investors view as a regulatory milestone that could boost institutional and retail confidence in XRP’s future. This resolution has added a layer of optimism to the asset’s near-term outlook [4].

Despite these developments, XRP remains in a tight trading range, with market participants watching key levels such as $3.41 for signs of consolidation or a reversal in sentiment. Large holders and retail investors appear to be aligned in their cautious optimism, though the market remains sensitive to macroeconomic and broader cryptocurrency trends [5].

Analysts have also pointed out that while some predictions suggest XRP could reach as high as $13 in 2025, these forecasts are speculative and not yet supported by immediate market fundamentals. Sustained volume and the ability to break through key resistance levels remain essential for the token to maintain its upward trajectory [6].

The broader cryptocurrency market remains in a period of transition, with Bitcoin surging above $120,000 and Ethereum attracting renewed institutional interest. This dynamic environment could influence investor behavior toward XRP, particularly as capital flows shift between major assets. XRP’s performance in the coming days will be critical in determining whether it can consolidate its gains or face renewed downward pressure [7].

A decisive move above $3.6, coupled with a surge in volume, would likely reinforce the current bullish technical and sentiment indicators. Conversely, a failure to sustain the breakout could trigger renewed selling pressure and signal a need for further consolidation before the next upward leg in XRP’s price can begin.

Source: [1] Analyst Sees XRP Bullish Flag Breakout Fueling Rally Beyond $10 (https://bravenewcoin.com/insights/xrp-price-prediction-analyst-sees-xrp-bullish-flag-breakout-fueling-rally-beyond-10)

[2] Why is XRP Price Going Down Today? Market Analysis & Expert Predictions (https://www.financemagnates.com/trending/why-is-xrp-price-going-down-today-market-analysis-expert-predictions-august-2025/)

[3] XRP Tests $3.6 Level After Sharp Rebound From Support (https://yellow.com/news/xrp-tests-dollar36-level-after-sharp-rebound-from-support-zone)

[4] XRP Eyes $10 as SEC Legal Battle Ends and Bullish Momentum Builds (https://www.ainvest.com/news/xrp-news-today-xrp-eyes-10-sec-legal-battle-ends-bullish-momentum-builds-2508/)

[5] XRPUSDT.P Trade Ideas (https://www.tradingview.com/symbols/XRPUSDT.P/ideas/?sort=recent)

[6] Cardano Journey to $2 Could Take Years, But Unilabs Early Growth Could Trigger 50x Results (https://coincentral.com/cardano-journey-to-2-could-take-years-but-unilabs-early-growth-could-trigger-50x-results/)

[7] Bitcoin Surges Above $120K as BTC Technical Indicators Flash Mixed (https://blockchain.news/news/20250813-bitcoin-surges-above-120k-as-btc-technical-indicators-flash-mixed)