XRP News Today: XRP Holds Above $3.00 Amid Bullish Technical Outlook

XRP is showing renewed strength on the 4-hour time frame, with technical analysis indicating a potential for near-term upward movement. EGRAG CRYPTO, a respected analyst, noted in a recent update that XRP has posted multiple clean candlestick closes above the $3.00 level, a key psychological and technical milestone. The sustained ability of XRP to hold above this level—rather than merely wicking through it—suggests strong buyer confidence and validates the bullish momentum on the short-term chart [1].

The candlestick pattern also reveals that selling pressure, while present, has not been strong enough to reverse the uptrend. Most wicks form on the upper side of the candles, indicating that while some traders are taking profits, fresh buying interest continues to absorb this pressure. This is a typical sign of a strong uptrend, where price consolidation and profit-taking occur without triggering a reversal [1].

Analysts are also watching for a potential pullback to the $2.96–$2.93 range, which could serve as a retest before the next upward phase. A retest at this level would not necessarily signal weakness; in fact, it could strengthen the case for a sustained rally by showing renewed accumulation and buying interest [1].

Crucially, the $2.80 level remains a key support. If XRP closes below this level on the 4-hour chart, the bullish structure could be significantly undermined. So far, however, XRP continues to trade above $2.80, reinforcing the short-term bullish outlook [1].

Looking ahead, the first key price target is $3.185, where a confirmed 4-hour close would break local resistance and likely trigger further gains. Following that, $3.25 is the next target, a level expected to attract more momentum traders. Beyond that, closing above $3.33 and $3.45 could serve as strong signals that XRP is positioning for a new all-time high [1].

On a broader technical view, XRP has maintained its value above $3.00, with a 1% increase in the last 24 hours, suggesting a potential move toward $3.30 in the near term [4]. CoinJournal also highlights that XRP has broken out of a falling parallel channel on the 4-hour chart, reinforcing the bullish shift in market sentiment [6].

While analysts have proposed a range of price targets, these are based on varying technical models and assumptions. Some forecasts suggest XRP could reach $3.15, driven by Ripple’s recent banking license and growing institutional interest [8], while others predict a more aggressive $5 target by year-end [9]. FinanceMagnates also cited a potential 80% gain, with XRP possibly hitting $5.50 [2].

However, it is important to note that all price forecasts are speculative and not reflective of current market conditions. Over the past seven days, XRP has seen a 1.49% decline to $3.09680, and over the last 30 days, it remains 8.92% below its all-time high [10]. This volatility underscores the importance of continuous technical analysis and risk management for investors.

Disclaimer: This content is for informational purposes only and should not be considered financial advice. The views expressed herein are not necessarily those of the publisher, and investors are urged to conduct independent research before making any investment decisions.

Source:

[1] https://timestabloid.com/xrp-price-analysis-4-hour-time-frame-update-and-target-goals/

[2] https://www.financemagnates.com/trending/this-new-xrp-price-prediction-shows-xrp-can-hit-550-in-2025/

[4] https://coinjournal.net/news/xrp-steadies-above-3-targets-3-3-check-forecast/

[6] https://coinedition.com/xrp-price-prediction-for-august-6-2025/

[8] https://cryptonews.com/news/chatgpts-xrp-analysis-reveals-bullish-breakout-above-3-05-as-banking-license-drives-3-57-rally/

[9] https://bitcoinist.com/gemini-reveals-bold-xrp-price-target-best-wallet-to-benefit/

[10] https://aimsfx.com/2025/08/05/xrp-ripple-xrpusdt-287/