XRP News Today: XRP Gains 1.05% Amid Symmetrical Triangle Breakout Potential

XRP is currently forming a consolidation pattern near the $3.2257 level as traders and analysts closely watch for a potential breakout. Over the past 24 hours, the token has seen a 1.05% price increase, signaling early signs of strength in August 2025 [7]. On the 4-hour chart, the price is forming a symmetrical triangle, and a breakout above $3.36 could propel XRP toward $3.40–$3.60 if the momentum is sustained [7]. Conversely, a daily close below the $3.1720 support level could initiate a downward move toward $3.10–$3.15 [7].

Recent developments in the Ripple ecosystem have had a notable impact on XRP’s price action. A legal victory spurred an 11% price surge, with institutional trading volumes rising by 208% to $12.4 billion [4]. Open interest in XRP futures has reached a 2025 high, indicating increased speculative activity [9]. Additionally, on August 11, $43.25 million in spot inflows was recorded, showing growing deposits to exchanges [7]. While this may temporarily slow upward momentum, historical data suggests that such inflows often reinforce resistance levels in the medium term [7].

Analysts remain cautiously optimistic regarding XRP’s long-term trajectory. Some predict that if adoption continues to expand, the token could reach $4–$5 within the next 12–18 months [1]. In a broader market context, XRP has outperformed Bitcoin in Q3 2025, with a bull flag breakout suggesting a potential 40% rally [6]. This is attributed to factors such as improved legal clarity, ETF speculation, and increasing institutional and political support [6].

Technically, the XRP/USD pair is showing positive momentum. The price has moved above the $3.220 level and the 100-hourly Simple Moving Average [11]. However, on the hourly chart, a bearish trend line is forming with resistance at $3.288 [11]. The first major resistance lies at $3.30, and a clear break above this level could drive the price toward $3.350 and eventually $3.40 in the short term [11]. Further gains may face a key test at the $3.450 zone.

The MACD for XRP/USD is gaining pace in the bullish zone, while the RSI is above the 50 level, reinforcing the possibility of an upward breakout [11]. Key support levels remain at $3.150 and $3.080 [11]. A decline below the $3.150 level could extend the downward move toward $3.10–$3.15 [7].

The broader crypto market has also improved, with the total market cap surpassing $4.1 trillion [5]. This positive macro environment has reinforced bullish sentiment for XRP, particularly as it continues to gain traction in the payments sector and among institutional investors [5]. According to Ali Charts, XRP has formed a bullish flag pattern, and a sustained move above $3.40 would confirm a reversal and potentially push the price toward $3.60 or higher [10].

Traders are advised to closely monitor key levels as the market evolves. A consolidation phase below $3.320 is currently in place, and the price is exhibiting signs of a potential breakout [11]. If the upward trend continues with strong volume support, XRP may be on the cusp of a more significant price increase in the near term [11].

Source: [1] CoinCentral, https://coincentral.com/xrp-price-outlook-ripple-faces-competition-as-layer-brett-emerges-with-explosive-20000-staking-yields/

[4] CoinCentral, https://coincentral.com/xrp-xrp-price-prediction-institutional-money-floods-following-sec-case-dismissal/

[5] Cryptonews, https://cryptonews.com/news/live-crypto-news-today-latest-updates-for-august-11-2025/

[6] FXEmpire, https://www.fxempire.com/forecasts/article/xrp-vs-bitcoin-40-recovery-sets-stage-for-q3-push-1540304

[7] Traders, https://tradersunion.com/news/cryptocurrency-news/show/429349-xrp-price-prediction/

[9] The, 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

[10] btcc.com, https://www.btcc.com/en-IN/square/WatcherWGuru/793285

[11] CryptoRank, https://cryptorank.io/news/tag/ripple