XRP News Today: XRP Holds Above $3.20 Amid Mixed Market Outlook and Key Resistance at $3.55

Ripple's XRP has recently drawn attention in the cryptocurrency market due to its fluctuating performance and potential for further gains. After a sharp climb and pullback in July, XRP stabilized above $3.20 with a current price of $3.24, showing short-term strength as it gained 2.01% in the past 24 hours, though it has seen an 8% drop over the last seven days [1]. On the hourly chart, XRP experienced a correction from $3.80 to around $3.00, and the token has since shown signs of recovery. The RSI currently sits near 61, signaling mild bullish momentum without entering overbought territory. If buyers take control, the next resistance level is estimated at $3.55, a key threshold from the last peak [2].

The broader market sentiment has had a mixed impact, with XRP falling 7.7% in the past 24 hours alongside an 8.4% drop in the overall crypto market cap, which now stands at $3.79 trillion [3]. However, technical indicators suggest that strong support near current levels may limit further declines and offer a reentry opportunity for investors. A bullish flag pattern formed between late 2024 and early 2025 has also been cited as a sign that XRP could break out toward $4 later this year [4].

Analysts have offered a range of price forecasts for XRP in the near and medium-term. One noted that if buyers regain control, the token could target $3.55 as the next key resistance level [2]. Another forecast from Mitrade suggests a 44% rally to $4.80, citing a major breakout on the horizon [5]. Meanwhile, the bullish flag pattern suggests XRP could attempt a move toward $4 later this year [6]. Looking ahead to 2026, predictions anticipate a price range between $3.05 and $4.68, with an average expected price of $3.70 for the year [7]. A more ambitious forecast from Brave notes that XRP could reach $5, with consolidation after a strong move potentially supporting that target [8].

However, there are also cautionary signals. If XRP dips below $3.00, historical support levels near $2.20–$2.60 could become relevant, with a further drop potentially leading to a retracement toward those levels [9]. This highlights the importance of maintaining a bullish stance only if XRP can reclaim key levels and show sustained momentum.

While XRP remains in the spotlight, the broader altcoin market is also drawing attention. One project, MAGACOIN FINANCE, has seen growing interest, with data projections suggesting that a modest investment could yield substantial returns if growth trends continue [1]. However, investors are encouraged to conduct their own research before taking action, as the project is still in its early stages [2].

Despite the attention on XRP and other altcoins, the market remains volatile. Traders will be closely watching whether XRP can break through the $3.45–$3.55 resistance zone to confirm a new uptrend. If it succeeds, the next targets could stretch to $3.80 and eventually back toward $4.00, provided macro sentiment remains favorable [6]. For now, the token must hold above $3.20 and gain momentum toward $3.50 to maintain a bullish outlook.

Sources:

[1] Blockonomi (2025-07-08): https://blockonomi.com/xrp-price-what-is-the-next-target-and-could-tron-be-close-behind/

[2] TheTradable (2025-08-01): https://thetradable.com/crypto/xrp-ripple-eyes-3-target-after-breaking-key-50-ema-resistance-2

[3] Bitget (2025-07-26): https://www.bitget.com/price/ripple/price-prediction

[4] Brave (2025-08-01): https://bravenewcoin.com/sponsored/presale/deepseeks-top-4-cryptos-to-explode-in-2025

[5] Mitrade (2025-07-31): https://www.mitrade.com/insights/news/live-news/article-3-1002256-20250731

[7] CoinCodex (2025-07-31): https://coincodex.com/crypto/ripple/price-prediction/

[9] CoinJournal (2025-07-12): https://coinjournal.net/news/xrp-price-needs-to-break-3-70-otherwise-we-could-see-2-20-retracement-traders-hedge-with-new-xrp-rival/