XRP News Today: XRP Holds Above $3 as Bulls Eye $3.60 Amid Legal and Macro Hopes

XRP has continued to attract attention as bullish momentum pushes the asset closer to the $3.60 level. The recent price action reflects a combination of macroeconomic optimism and significant legal developments in the Ripple-SEC case. XRP surged to $3.10 on Friday after dipping below $2.78 earlier in the week, driven by renewed hope surrounding potential Federal Reserve rate cuts and the approval of a joint stipulation of dismissal of appeals in the long-running Ripple legal case [1]. However, the price has since retreated, entering a consolidation phase amid profit-taking and bearish pressure.

Despite the pullback, the bulls remain resilient. On Saturday, XRP dipped as low as $2.96 before rebounding above $3, and a similar pattern emerged on Sunday when the price fell to $2.99 before recovering. Analysts suggest that XRP’s ability to remain above $3 is a key indicator of its strength. If it sustains above that level, the path toward $3.60 could remain open [1]. Crypto analyst Ali noted that the asset is currently in a rebound phase and highlighted $3.60 as a potential target, provided the critical threshold of $3 is maintained [1].

Technical indicators such as the daily RSI are currently at the mid-50 level, suggesting a period of consolidation rather than a clear bullish breakout. A further decline might see XRP test support levels at $2.96 and then $2.78. In contrast, a sustained move above $3.0 could pave the way for a retest of the $3.30–$3.43 range, which would confirm a more bullish trajectory [9].

Market sentiment is mixed. While some analysts remain optimistic, others have observed a shift in investor attention toward more volatile altcoins, raising questions about XRP’s future performance. A 20% decline from its July highs has led to speculation that the market might be losing some of its earlier enthusiasm [3]. Manuel, a noted commentator, pointed out that XRP’s recent drop below $3 signals a cooling of bullish sentiment [5]. Nevertheless, reports from AMBCrypto indicate that the price has rebounded to above $3, with analysts suggesting that a sustained recovery could eventually lead to a new all-time high [4].

Bitget’s technical analysis recommends that XRP should hold above the 30-day simple moving average near $3.07 and then reclaim the $3.30–$3.43 range with increasing volume to confirm a bullish trend [9]. While some market observers predict XRP could reach $3.60 by July, these forecasts remain speculative and subject to broader market dynamics, including macroeconomic factors and regulatory developments such as the potential approval of a spot ETF [8].

The path to $3.60 is not without risks, but as long as XRP remains above $3, bulls continue to hold out hope for a significant upward move. Both bulls and bears are now closely watching key support and resistance levels for signs of a decisive trend.

---

Source:

[1] U.Today - [https://u.today/xrp-to-36-next-bulls-refuse-to-back-down](https://u.today/xrp-to-36-next-bulls-refuse-to-back-down)

[2] The Tradable - [https://thetradable.com/crypto/xrp-price-prediction-explodes-126-will-bulls-hit-the-36-jackpot-next-1--a](https://thetradable.com/crypto/xrp-price-prediction-explodes-126-will-bulls-hit-the-36-jackpot-next-1--a)

[3] CoinCentral - [https://coincentral.com/xrp-price-down-20-since-july-highs-has-the-market-switched-its-focus-to-viral-altcoins-like-lbrett/](https://coincentral.com/xrp-price-down-20-since-july-highs-has-the-market-switched-its-focus-to-viral-altcoins-like-lbrett/)

[4] AMBCrypto - [https://ambcrypto.com/cme-xrp-futures-hit-9b-will-spot-etf-approval-flip-the-23-slide/](https://ambcrypto.com/cme-xrp-futures-hit-9b-will-spot-etf-approval-flip-the-23-slide/)

[5] Facebook - [https://m.facebook.com/manuel.guevarra.369210/photos/xrps-recent-price-decline-suggests-the-hype-might-be-ending-as-it-returns-below-/75173****406571/](https://m.facebook.com/manuel.guevarra.369210/photos/xrps-recent-price-decline-suggests-the-hype-might-be-ending-as-it-returns-below-/75173****406571/)

[8] Crypto Daily - [https://cryptodaily.co.uk/2025/08/8-tokens-to-add-to-your-long-term-portfolio-as-global-financial-institutions-double-down-on-crypto](https://cryptodaily.co.uk/2025/08/8-tokens-to-add-to-your-long-term-portfolio-as-global-financial-institutions-double-down-on-crypto)

[9] Bitget - [https://www.bitget.com/price/binaryx/price-prediction](https://www.bitget.com/price/binaryx/price-prediction)