XRP News Today: XRP Gains 4.1% on Golden Cross and Legal Clarity Bullish Signals Intensify as Market Cap Hits $193.52 Billion

Ripple’s XRP continues to attract significant attention in the cryptocurrency market, with recent price movements and technical indicators fueling speculation about a potential rally. As of Wednesday morning, XRP was trading at $3.27, having gained 4.1% over the previous 24 hours [1]. This increase has pushed its market capitalization to $193.52 billion, reinforcing its position as a top-performing altcoin in the current market cycle [1].

Technical analysis highlights a key development: the formation of a rare golden cross, where the 50-day moving average crossed above the 200-day moving average [3]. This pattern is traditionally interpreted as a strong bullish signal and is often seen as the start of a longer-term upward trend. XRP recently broke out of a six-year price triangle and reached a yearly high of $3.66 in July 2025 [3]. The $3 level is currently functioning as a crucial support point, and maintaining this level is seen as vital for sustaining the bullish momentum [3].

Market analysts have offered a range of forecasts for XRP’s future price. Mr. Xoom, head of marketing at XPMarket, has predicted a price target of between $6 and $8 by August 2025 [3]. Another analyst has suggested a potential range of $7 to $10 for Wave 5, based on technical and fundamental developments, including Ripple’s institutional partnerships and a recent legal ruling that classified XRP as non-secure [3].

Despite these optimistic projections, caution is advised. The Average Directional Index (ADX) currently reads 21.82, indicating a developing trend but not yet a strong one [3]. The Moving Average Convergence Divergence (MACD) remains bullish, with the MACD line at 0.2940 above the signal line at 0.2228 [3]. The RSI is at 61.81, suggesting that XRP is gaining strength but is not yet overbought. Traders are advised to monitor price action near the $3.66 resistance level, as a breakout and sustained hold above this level would be a strong confirmation of the upward trajectory [3].

Volume data further supports the bullish case, with daily trading volume reaching $8.97 billion and a 51.53% increase in the past 24 hours [3]. This surge in volume indicates strong buying interest and could support further price gains if the breakout is sustained.

While the market remains cautious due to the recent rejection of an XRP ETF by BlackRock, the overall technical and fundamental outlook for XRP remains positive [3]. Investors and traders are closely watching key levels and indicators to determine the next move in what could be a significant rally for the asset.

Source: [1] [LIVE] Ripple Forecast: Is the $10 XRP Rally About to Ignite? – [https://cryptonews.com/news/live-ripple-news-today-latest-updates-for-august-13-2025/](https://cryptonews.com/news/live-ripple-news-today-latest-updates-for-august-13-2025/)

[2] XRP Price Prediction August 2025: Will Ripple's Legal Win Drive a Breakout Toward $10? – [https://en.bitcoinsistemi.com/xrp-price-prediction-august-2025-will-ripples-legal-win-drive-a-breakout-toward-10/](https://en.bitcoinsistemi.com/xrp-price-prediction-august-2025-will-ripples-legal-win-drive-a-breakout-toward-10/)

[3] XRP Could Hit $6 After Rare Golden Cross Signal: Here is How – [https://coinnews.com/news/altcoins/xrp-could-hit-6-after-rare-golden-cross-signal-here-is-how](https://coinnews.com/news/altcoins/xrp-could-hit-6-after-rare-golden-cross-signal-here-is-how)