XRP News Today: XRP Gains 6% as Analyst's Bullish Prediction Sparks Market Debate

XRP is showing renewed bullish momentum, sparking debate in the cryptocurrency market following a prediction by analyst CryptoBull. On August 1, 2025, he claimed that the token would "break out of this bullish falling wedge and climb toward $4 within the next two days," a forecast supported by technical analysis showing a key price pattern [1]. The prediction ignited a flurry of reactions, both supportive and critical, within the XRP community.

As of August 4, XRP had surged from an intraday low of $2.89 to a high of $3.07, stabilizing near $3.04 [1]. While it has not yet reached the $4 level, the token's strong upward movement aligns with CryptoBull’s earlier directional guidance. The analyst defended his stance, clarifying that his statement did not imply an immediate move to $4, but rather a directional shift in that direction [1]. This nuance, however, was lost on some critics who focused solely on the exact price target.

Technical indicators support the bullish case. XRP recently broke out of a falling wedge pattern, a classic sign of potential upward movement. The breakout occurred near the $2.95 level and has led to a 6% gain over the past two days [1]. The token is now testing resistance between $3.03 and $3.05. Although it briefly pierced this zone intraday, a convincing close above it has not yet occurred. Elevated trading volume and a rise in on-chain net inflows indicate growing interest and accumulation among traders [1].

For XRP to reach $4, it must first overcome resistance levels between $3.10 and $3.25. This will depend on sustained market demand and favorable broader market conditions. Despite the short-term debate, the direction of price action supports the idea that XRP is beginning a significant upward move, just as CryptoBull predicted.

The discussion highlights the challenges of interpreting price forecasts in volatile markets. While some critics dismissed the prediction as inaccurate, the technical setup and current momentum suggest that the token is moving in line with the analyst’s expectations. Whether or not XRP reaches $4 remains to be seen, but the current trajectory supports a continuation of bullish sentiment.

Source: [1] XRP Rally Heads Toward $4 As This Analyst Predicted (https://timestabloid.com/xrp-rally-heads-toward-4-as-this-analyst-predicted/)