XRP News Today: XRP Holds Near $3 Amid Bullish Patterns and $7 Price Target Push

Top trader Crypto Bitlord has reignited speculation around XRP, asserting that the token has been “sent back to $3” and warning investors to “buy or cry,” with a target of $7 on the horizon. His bold comments, posted on X on August 1, 2025, have drawn renewed attention to XRP’s price action, as it remains in the $3 range amid a volatile yet resilient market environment [1].

Currently, XRP is trading at approximately $2.94, having rebounded from a brief dip to $2.91 and showing signs of accumulation as traders buy on dips. The coin recently reached a multi-year high of $3.64 before experiencing a retracement due to profit-taking and whale activity. According to data from AInvest, over 93% of XRP holders were still in profit at those levels, which contributed to the selling pressure and a correction in price. Analysts note that XRP holding above $2.90 is a critical technical indicator, signaling that buyers are stepping in to defend key support levels [1].

Crypto Bitlord’s $7 target is not entirely speculative, as it aligns with emerging bullish patterns on XRP’s price chart. A clear cup and handle pattern—widely recognized as a reversal signal—has begun to form after XRP bounced from the $2.90 region and created higher lows around $3.10. Market analysts suggest that a breakout above the $3.35–$3.60 resistance zone could fuel the next phase of the rally. If this move occurs with strong volume and momentum, a rapid ascent toward $6 or even $7 becomes increasingly plausible [1].

However, caution remains warranted. Open interest in XRP futures has declined by $2.4 billion since mid-July, suggesting reduced leverage in the market, which could lead to increased downside volatility if fresh capital fails to enter. Additionally, on-chain activity has cooled, with both trading volume and new wallet creation declining. This signals a temporary lull in speculative enthusiasm, which must be reignited for XRP to maintain its upward trajectory [1].

For XRP to reach $7, several factors must align: a clean breakout above $3.60, renewed institutional interest, and regulatory clarity. Ripple’s expanding stablecoin initiatives, partnerships with financial institutions, and the potential launch of an XRP-based ETF could provide the macro-level momentum needed for such a move. Yet, until these conditions are met, the market remains in a critical holding pattern.

As Bitlord aptly stated: “Buy or cry.” Investors are now at a crossroads, with XRP trading near $3—a level some view as a gift and others as a trap. A successful breakout could validate the bullish narrative, while a breakdown may shake out weaker positions. The market is watching for confirmation of strength, including increased volume and momentum on the next upward thrust [1].

Crypto Bitlord’s call for XRP to reach $7 is backed by technical indicators and recent price behavior, making it a scenario gaining traction among traders. However, participants are advised to remain vigilant, monitor volume closely, and await confirmation of the breakout before committing capital. Whether XRP fulfills this bold target or faces another consolidation phase remains to be seen, but all eyes are now on the $3 level—a critical line in the sand [1].

Source: [1] Top Trader: XRP Was Sent to $3. Buy or Cry. Next Stop Is $7 (https://timestabloid.com/top-trader-xrp-was-sent-to-3-buy-or-cry-next-stop-is-7/)