XRP News Today: XRP at Crossroads: History, Hype, and the $3.00 Make-or-Break Test

XRP has recently drawn attention from analysts and traders following a mix of volatile price movements, technical indicators, and historical pattern comparisons. According to a recent analysis by market watcher EGRAG, XRP may be on the verge of a 777% price increase, potentially pushing its value to $28.16 by September 2025. This projection is based on a recurring historical pattern observed in the XRP price chart over the past eight years, during which the token has demonstrated a consistent two-stage rally after consolidating within an ascending channel. The first instance occurred during the 2017/2018 cycle, with XRP surging to $0.3988 before consolidating for six months and reaching $3.30 in 2018. A similar pattern emerged in 2020/2021, with XRP reaching $0.79 before peaking at $1.96. EGRAG suggests the same pattern is unfolding in the current cycle, with XRP visiting the ascending channel again in early 2025 and reaching a first peak of $3.40. If this historical trend continues, a second peak could emerge in September 2025, potentially pushing XRP to $28.16. This projection aligns with another analyst, CrediBULL, who also notes a similar Elliott Wave pattern to Bitcoin’s price movement, suggesting that XRP could reach $28 if it follows the same trajectory. The analysis emphasizes the importance of technical chart patterns and their historical accuracy in predicting future price movements. Other analysts have also pointed to bullish indicators. A sharp rebound above the $3.05–$3.10 support zone and a 77% surge in daily trading volume to nearly $7 billion suggest increasing institutional and retail interest in the token. These trends have led some traders to believe XRP is entering the second wave of an Elliott Wave cycle, with Wave 3 potentially being the most powerful phase in the pattern. If this holds, XRP could retest the $3.65 area before moving toward all-time highs. Short-term forecasts vary, with Rekt Fencer, founder of X DAO, predicting a price range of $5.20 to $6.50 for XRP within the next three to six months, while other analysts have proposed more aggressive targets, such as $22 by the end of 2025 and even $99 within six months. These predictions, however, remain speculative and hinge on broader market conditions, regulatory developments, and institutional adoption. The price action has also been influenced by recent legal developments involving Ripple and the U.S. Securities and Exchange Commission. The filing to withdraw appeals in the long-standing case has raised questions about Ripple CEO Brad Garlinghouse’s lack of public comment on the matter, adding an element of uncertainty to market sentiment. While bullish patterns and forecasts are gaining traction, traders are also monitoring key resistance and support levels. XRP recently stalled at $3.00 after a sharp upward swing from $2.97 to $3.10, with volume peaking at 3.26 million in a single minute before freezing at 08:19 with no recorded trades. This sudden halt has sparked speculation about technical disruptions or liquidity issues in major trading venues. The price has since consolidated within a $0.15 range, with traders debating whether the freeze was due to institutional activity or technical anomalies. Institutional interest remains a key factor in XRP’s potential trajectory. High-volume spikes and algorithmic activity suggest that large players are actively participating in the market, particularly at key inflection points. However, the absence of volume at the freeze point confirms a structural abnormality—either a technical glitch or a liquidity vacuum. These developments highlight the growing role of institutional flows in shaping XRP’s short-term volatility. Looking ahead, the next test of the $3.00 support level is critical. A failure to defend this level could push XRP toward $2.95, while a successful consolidation could trigger a breakout above $3.10, opening the door to higher targets. Meanwhile, whale activity and positioning in the high-volume spike will likely dictate near-term sentiment. As XRP continues to navigate a volatile market, the convergence of technical indicators, historical patterns, and institutional interest suggests that the token remains in a phase of potential significant movement. Traders and analysts will closely monitor key support and resistance levels, as well as broader market conditions, to determine whether XRP will follow the projected 777% trajectory or face further consolidation and bearish pressure.

Source: [1] XRP Spikes, Then Stalls, as Traders Face Decisive $3 Mark (https://www.coindesk.com/markets/2025/08/19/xrp-spikes-then-stalls-as-traders-face-decisive-usd3-mark) [2] XRP Historical Data (https://www.investing.com/crypto/xrp/historical-data) [3] “The Chart Doesn't Lie,” as XRP Historical Data Points to ... (https://thecryptobasic.com/2025/08/19/the-chart-doesnt-lie-analyst-suggests-xrp-historical-data-points-to-777-rally-to-28/) [4] XRP Price Prediction: Elliott Wave Pattern Suggests ... (https://bravenewcoin.com/insights/xrp-price-prediction-elliott-wave-pattern-suggests-xrp-could-hit-new-highs-in-2025)