XRP News Today: XRP Nears Classic Fractal Breakout Amid Bullish Technical and Fundamental Signs

XRP is currently exhibiting a technical pattern similar to one that led to a 70% price rally earlier in the year, raising expectations for a potential breakout in August. The cryptocurrency has been consolidating within a falling wedge pattern, maintaining support above its 50-day exponential moving average (EMA) while the 20-day EMA has shifted back into a supportive role. This pattern mirrors a similar setup observed in January, which preceded a significant price increase [1]. The current alignment suggests XRP could be on the verge of another strong upward move.

Technical indicators also support this narrative. XRP’s relative strength index (RSI) has recently pulled back from overbought levels and stabilized near 50, a reset that historically has preceded breakouts. As of the latest data, XRP is testing the upper trendline of the falling wedge. A breakout above this level could target a 20% increase, pushing the price toward $3.75 [1]. However, a rejection at the upper trendline might lead to a retest of the 50-day EMA as support, with a close below that level risking a decline toward the wedge apex near $2.34 [1].

Fundamentally, the XRP Ledger has shown continued growth. Ripple’s XRP Ledger processed over 70 million transactions in July 2025, and more than 1 million new accounts have been created this year, according to data from Dune Analytics [1]. The expanding use of stablecoins on the XRP Ledger has also been a key factor in its development. In Brazil, Braza Bank issued over $4.2 million worth of its BBRL stablecoin on the XRP Ledger in July, making it the second-largest BRL stablecoin after BRZ. In the U.S., activity around Ripple’s RLUSD has surged, with daily transfers increasing from approximately 5,000 to over 12,000 within one month [1].

The growing utility of the XRP Ledger, particularly through stablecoin adoption, is reinforcing the bullish sentiment surrounding the asset. Analysts have noted that whale accumulation and the potential for a Federal Reserve rate cut in September could further support risk-on market behavior, potentially pushing XRP above $4 [1]. These factors, combined with the recurring technical pattern, suggest XRP may be positioned for a strong price move in the coming weeks.

Source: [1] Will XRP repeat its 70% rally? Price nears classic fractal breakout (https://cointelegraph.com/news/will-xrp-repeat-70-percent-rally-classic-breakout)