XRP News Today: XRP Holds Key Support as Bulls Target $3.60 Amid August Rally Outlook

XRP is currently trading near $3.18, a level that holds strategic importance in its ongoing bullish trend. Recent technical analysis highlights the significance of key price levels such as $3.10 and $3.36, which are critical for gauging whether the upward momentum will continue [1]. A breakout above $3.36 could signal a retest of the August high at $3.60, with $3.80 as a potential next target [2].

The Bollinger Bands analysis reveals strong buying pressure, particularly with the midband at $3.10 acting as a crucial support level [3]. XRP recently touched the lower band at $2.84 but rebounded, indicating that buyers are actively defending the price. This behavior reinforces the possibility of a sustained bullish trend if the support holds [4].

On 4-hour charts, a symmetrical triangle pattern is forming, with consolidation between $3.15 support and $3.36 resistance. The narrowing of Bollinger Bands suggests an imminent volatility spike, emphasizing the importance of volume dynamics as a complement to price movement [5]. A decisive breakout from this range could trigger a more aggressive upward move, particularly if accompanied by rising trade volume [6].

Analysts suggest that a retest of the $3.46 level could be a pivotal moment in August 2025. A successful breakout with strong volume could indicate a deeper recovery, while failure to maintain that level might lead to a retrace toward $3.33 or lower [7]. As long as XRP remains above key support levels, the overall trend remains bullish [8].

Some AI-driven price predictions have also weighed in on XRP’s trajectory. A confirmed breakout above $2.70 and a reclamation of the $3.40–$3.65 range could set the stage for a rally toward $4.00 or beyond [9]. Conversely, a breakdown could see XRP fall back toward $2.90 or lower [10].

Traders are advised to closely monitor not only price levels but also whale activity and Ripple-related news, which could significantly influence XRP’s near-term direction [11]. Institutional developments, including the potential approval of an XRP ETF, are also viewed as potential bullish catalysts that could attract substantial capital inflow [12].

Source:

[1] Brave - [https://bravenewcoin.com/insights/xrp-price-today-xrp-holds-key-support-as-bulls-gear-up-for-august-rally](https://bravenewcoin.com/insights/xrp-price-today-xrp-holds-key-support-as-bulls-gear-up-for-august-rally)

[2] AInvest - [https://www.ainvest.com/news/xrp-news-today-xrp-rises-1-05-24-hours-traders-watch-3-2257-consolidation-2508/](https://www.ainvest.com/news/xrp-news-today-xrp-rises-1-05-24-hours-traders-watch-3-2257-consolidation-2508/)

[3] TradingView - [https://www.tradingview.com/symbols/XRPUSDT/ideas/](https://www.tradingview.com/symbols/XRPUSDT/ideas/)

[4] Binance - [https://www.binance.com/en/square/hashtag/xrp%F0%9F%94%A5%F0%9F%94%A5](https://www.binance.com/en/square/hashtag/xrp%F0%9F%94%A5%F0%9F%94%A5)

[5] Coinpedia - [https://coinpedia.org/price-analysis/bitcoin-ethereum-and-xrp-price-prediction-for-next-7-days/](https://coinpedia.org/price-analysis/bitcoin-ethereum-and-xrp-price-prediction-for-next-7-days/)

[7] AInvest - [https://www.ainvest.com/news/gas-market-overview-24-hour-technical-summary-2508/](https://www.ainvest.com/news/gas-market-overview-24-hour-technical-summary-2508/)

[9] Crypto - [https://cryptoadventure.com/we-asked-3-ais-is-ripples-xrp-heading-for-a-crash-or-a-moonshot/](https://cryptoadventure.com/we-asked-3-ais-is-ripples-xrp-heading-for-a-crash-or-a-moonshot/)