XRP News Today: XRP Breakout Confirmed as Market Strategist Targets $10+ Upside

Generated by AI AgentCoin World
Monday, Aug 18, 2025 1:33 pm ET2min read
Aime RobotAime Summary

- XRP’s third breakout phase confirms a $10+ price target, driven by technical patterns and legal clarity post-SEC resolution.

- A descending trendline break and $3 support reversal signal strong bullish momentum, supported by 94% of XRP in profit.

- Improved crypto liquidity and resolved regulatory risks create favorable conditions for XRP’s potential parabolic surge.

- Traders warned of volatility amid high profit-taking, but technical/legal alignment suggests a clear path to double-digit prices.

XRP has entered a decisive technical phase, with market strategist Steph Is Crypto asserting that the asset’s breakout is now confirmed and that a price above $10 is "unavoidable" [1]. His analysis, based on a detailed weekly chart, reveals a recurring pattern of consolidation, breakout, and upward surges that are now entering what could be the most powerful phase yet [1]. According to his findings,

has already completed two distinct breakout phases— one in mid-2024 following months of consolidation and a second in 2025, triggered by a breakout from a downward trendline [1].

The current breakout phase, which Steph Is Crypto identifies as the third and potentially largest, is marked by XRP’s confirmed escape from a descending trendline that had previously constrained its growth for months [1]. This structural shift is further reinforced by a reversal of the $3 resistance level into a support zone, a classic bullish signal often seen before parabolic price movements [1]. Based on this analysis, he envisions XRP surging past $10 as the next key target.

As of the latest report, XRP trades at $3.01, a critical psychological and structural level. The price remains within a tight range as bulls and bears compete for control. On-chain data provides further support for the bullish case, with nearly 94% of XRP’s circulating supply currently in profit [1]. While such a high level of profitability can sometimes precede short-term corrections, it also highlights the depth of buying strength driving the rally.

The broader market environment has also improved significantly for XRP. The long-standing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple has reached a resolution, with appeals withdrawn and penalties upheld [1]. This legal clarity has removed a major overhang that had previously limited institutional and retail participation. Combined with improved liquidity in the wider crypto market, the conditions are now more favorable for XRP to advance to new price levels.

Steph Is Crypto’s $10+ projection is not speculative but grounded in recurring technical behavior and improving fundamentals [1]. If the third breakout phase mirrors the strength of the first two, the upside potential for XRP could be considerable. Traders, however, are cautioned to remain vigilant, as high profit-taking and whale-driven volatility could lead to intermittent corrections during the upward journey.

The convergence of strong on-chain indicators, regulatory resolution, and a well-defined technical pattern has significantly shifted the narrative around XRP. The $10 price level, once seen as a distant target, now appears increasingly likely [1]. While no projection is guaranteed, the alignment of technical, legal, and market factors suggests that XRP is on a clear trajectory to test—and potentially surpass—double-digit price levels in the near future.

Source: [1] Market Strategist: XRP Breakout Is Confirmed. $10+ Is Unavoidable (https://timestabloid.com/market-strategist-xrp-breakout-is-confirmed-10-is-unavoidable/)