XRP News Today: XRP Holds Key Support as Analysts Flag Potential 777% Bull Run

XRP is exhibiting strong support signals, with analysts forecasting a potential major price rally as technical indicators and investor activity align in a bullish direction. Recent price action has shown XRP holding firm at key support levels, while chart patterns suggest the asset is on the brink of a significant upward movement. Analysts are closely monitoring these developments, noting that if XRP maintains its current support zone, it could trigger a substantial rebound in the coming weeks [1].

Technical analysis has become a key focal point for traders and investors. According to Dark Defender, XRP is completing an ABC corrective wave that began in July, having reached its expected targets around $3.33 and $3.36 before showing signs of reversal. Price action has tested crucial support zones, aligning with Elliott Wave theory, and the Relative Strength Index has moved into oversold territory multiple times, indicating increased accumulation by investors [1]. Dark Defender’s analysis places XRP at the end of Wave C, a stage that often precedes strong upward momentum. The growing strength of the “expected move zone” on the RSI further supports the case for a bullish breakout [1].

On the broader market cycle front, Egrag Crypto has analyzed XRP through the lens of long-term trends. He identifies a 243-day cycle beginning in April 2021, with XRP recently breaking above a key ascending trend line, signaling a potential bullish shift. If historical patterns repeat, Egrag projects a 777% price surge. This forecast is supported by the alignment of ascending support and resistance arcs, which provide a structural foundation for such a move. Long-term investors are viewing this as a rare entry opportunity [1].

Market sentiment has also seen a shift, particularly on August 10, 2025, when XRP surged by 15% to a weekly high of $3.35. This rally has been attributed to increased social media engagement and rising buying pressure, with analysts like Jordan Hayes suggesting that such momentum often precedes more substantial upward trends. The Aroon Up indicator has reflected this bullish bias, indicating the potential for a break above the $3.39 psychological level [1].

However, analysts have also issued caution. Amanda Brooks, a seasoned crypto analyst, has warned that social media-driven movements can lead to volatility, and traders should remain vigilant against hype-driven speculation [1]. This is especially relevant given that the broader altcoin market is also showing signs of renewed vigor, with Ether and Dogecoin experiencing similar rallies. While this suggests a potential wider trend, it also means that XRP’s performance is being influenced by market-wide factors [1].

Looking forward, several price forecasts have been made. One analyst predicts that XRP could reach $3.58 by the end of 2025 [2]. Another analysis notes that while XRP has shown some stalling behavior, it remains above the $3.30 support level, with a retest of $3.23 potentially setting the stage for further gains [3]. Nonetheless, external factors such as regulatory developments and macroeconomic conditions could influence the trajectory of XRP’s price.

The broader market context is also worth considering. XRP’s recent performance has coincided with a resurgence in altcoin activity after a period of low momentum in early 2025. Some analysts view XRP as a potential barometer for larger market developments, though it remains to be seen whether this rally is a sustained bull run or a temporary correction [1].

Sources:

[1] XRP Surges 13%: Could This August 2025 Uptick Signal a Major Bull Run Ahead

https://www.vtrader.io/news/xrp-surges-13-could-this-august-2025-uptick-signal-a-major-bull-run-ahead/

[2] XRP Price Prediction: Ripple Faces New Rival as Remittix Hype Hits 6600% Growth Projections

https://coincentral.com/xrp-price-prediction-ripple-faces-new-rival-as-remittix-hype-hits-6600-growth-projections/

[3] XRP Stalls, But Holds The Line At $3.30 After Explosive Rally

https://m.fastbull.com/news-detail/xrp-stalls-but-holds-the-line-at-330-news_6100_0_2025_3_7084_3