XRP News Today: XRP Bounces From $2.8 Support, Eyes $3.6 Breakout and $4 Rally Potential

Ripple's XRP price has recently rallied toward the $3.6 resistance zone, following a bounce from the critical $2.8 support level, which aligns with the 0.5 Fibonacci retracement of its prior move [1]. Analysts are closely monitoring whether the asset can break above this level, as a successful move could signal the start of a more extended rally toward the $4 threshold [1]. Technical analysis indicates that XRP has been consolidating within a bullish flag pattern on the 4-hour chart, with the recent support at the 0.5 Fib level contributing to a decisive upside breakout [1].

A confirmed breakout above $3.6 could trigger a short-squeeze and accelerate the price toward $4 [1]. However, traders remain cautious about the presence of concentrated supply in this zone, with some expecting a minor pullback or consolidation before any sustained move higher [1]. Analysts have noted that if XRP holds above $3.20, there may be enough momentum to challenge $3.65 again, with the potential for a push toward $4 [2]. Additionally, the completion of Wave 3—marked by a 575% rally to $3.39—has raised expectations that Wave 5 could drive XRP to $7–$10, representing potential gains of 111–202% from current levels [3].

Following Ripple’s legal victory over the SEC, XRP surged to $3.30, and analysts suggest that continued institutional buying and sustained momentum above $3 could lead to a medium-term target of $4 within 1–3 months [4]. AI-based forecasts also suggest XRP could reach $10 between 2028 and 2030, with the potential for earlier gains during an altcoin supercycle [5]. However, market uncertainty remains due to whale activity and volatility, with some analysts warning of a potential 30% price correction if key resistance levels fail [6].

The $3.50–$4 range has been identified as a critical price level that could determine XRP’s near-term trajectory [1]. A bullish on-chain signal has further fueled optimism, with some analysts suggesting XRP could climb as high as $24 in aggressive market conditions [7]. Meanwhile, many analysts share the view that $4 represents a short-to-medium-term target, with potential for a further surge to $4.60–$4.80 if the asset consolidates above this level [8]. Some forecasts even suggest XRP could reach a new all-time high in August, potentially topping out at $4.78 [9].

Despite the bullish sentiment, XRP remains in a highly volatile environment, where regulatory developments and broader market conditions play a crucial role. The ability to break above $4 will depend on technical strength, institutional interest, and the continued acceptance of XRP as a viable investment asset.

Source:

[1] CoinMarketCap (https://coinmarketcap.com/community/articles/6897afa2c6e62466464763ac/)

[2] CryptoPotato (https://cryptopotato.com/ripple-xrp-price-predictions-4-in-sight-after-ripples-sec-victory/)

[3] AInvest (https://www.ainvest.com/news/xrp-news-today-ripple-xrp-poised-111-202-surge-wave-5-begins-sec-case-closes-2508/)

[4] The Economic Times (https://m.economictimes.com/news/international/us/xrp-price-today-hits-3-dollars-thirty-after-ripples-legal-win-1-9-billion-dollar-whale-sell-off-and-big-money-moves-is-4-dollars-next/articleshow/123197387.cms)

[5] The Crypto Basic (https://thecryptobasic.com/2025/08/09/xrp-price-news-with-sec-battle-over-can-xrp-hit-5-10-or-20/)

[6] AInvest (https://www.ainvest.com/news/xrp-news-today-xrp-bulls-face-caution-whale-selling-rsi-signal-potential-30-price-correction-2508/)

[7] CoinCentral (https://coincentral.com/xrp-price-rally-ahead-key-metric-flashes-signal-seen-before-big-gains/)

[8] Mitrade (https://www.mitrade.com/insights/news/live-news/article-3-1026057-20250809)

[9] CCN.com (https://www.ccn.com/analysis/crypto/ripple-sec-xrp-all-time-high/)