XRP News Today: XRP Faces 12-Day Countdown to $3.30 Breakout Crucible

Generated by AI AgentCoin World
Tuesday, Aug 19, 2025 12:23 pm ET1min read
Aime RobotAime Summary

- EGRAG CRYPTO highlights a 12-day critical period for XRP, with a $3.30 monthly close as a potential breakout catalyst.

- XRP currently trades at $3.01 with $179B market cap, showing resilience in the $2.75–$3.30 consolidation range.

- A successful $3.30+ close could transform resistance into support, targeting $3.84 highs; failure risks renewed range trading.

- Analyst urges disciplined trading, emphasizing verified signals over emotional decisions amid volatile late-cycle dynamics.

A key market analyst has highlighted a critical 12-day countdown for

, marking it as a potential turning point in the token’s price trajectory. EGRAG CRYPTO, a well-known voice in crypto analysis, shared insights on X, emphasizing the significance of the next few weeks in shaping XRP’s near-term direction [1]. According to the analyst, a monthly candle close above $3.30 could serve as a "launch pad" for the token, setting the stage for a more substantial upward movement.

At present, XRP is trading at $3.01 with a market capitalization of approximately $179 billion and a circulating supply of around 59.4 billion tokens [1]. The price has shown resilience throughout 2025, reclaiming the $3 level for the first time since early August. This recovery has positioned XRP within a key price range, with bulls defending levels between $2.75 and $2.96, while sellers are capping gains near $3.10–$3.30 [1].

EGRAG CRYPTO’s guidance underscores the need for investors to remain disciplined and avoid overleveraging in anticipation of a confirmed monthly breakout [1]. The analyst’s emphasis on patience reflects the volatile nature of late-cycle rallies, where sudden price swings can catch traders off guard. By maintaining a steady approach, investors are better positioned to navigate the uncertainty and make informed decisions based on verified market signals rather than emotional impulses.

The analyst also highlighted that a close above $3.30 on a monthly chart would not only break a key resistance level but also transform it into a foundational support zone. This structural shift could offer XRP a stronger technical basis for further gains, potentially pushing the token into the mid-$3s and even testing the 2018 all-time high of $3.84 [1]. However, a failure to achieve this target could result in a return to a range-bound pattern, with the $2.75–$2.90 support area becoming a key focus for sellers.

With less than two weeks remaining until the end of the monthly candle, the XRP market is in a decisive phase. Traders and investors are closely monitoring price movements and volume patterns to gauge the likelihood of a breakout [1]. The next 12 days will be crucial in determining whether XRP can solidify its position above $3.30 and trigger the next phase of its upward momentum.

Source:

[1] CoinMarketCap (https://coinmarketcap.com/community/articles/68a4a1d1c80af677a89182b1/)