XRP News Today: XRP Price Nears Key Resistance as Analysts Flag Potential 20% Rebound

XRP has recently entered a pivotal price zone, with analysts highlighting potential for a significant upward movement if historical patterns repeat. The cryptocurrency’s price action mirrors the 2017 surge pattern, characterized by an initial breakout, a prolonged correction, and a tightening consolidation phase that could precede a rapid rally. Crypto strategist StephisCrypto notes that the current market dynamics closely resemble those observed ahead of the 2017 peak, suggesting that if the trend continues, 2025 could be the year XRP completes its bullish structure [1].

Key technical indicators such as the RSI and MACD suggest a balanced momentum, with $3.18 identified as a critical pivot point. A break above $3.97 could send the price toward $4.66, based on recent analysis [2]. However, macroeconomic factors remain influential, with past Federal Reserve policy decisions triggering sharp selloffs. Despite these challenges, XRP has maintained a position above $3 for several weeks, supported by multiple bullish indicators [1].

Recent price fluctuations have shown mixed signals. XRP dipped below $3 on August 1, but some analysts predict a potential 20% rebound ahead [2]. The XRP/BTC pair has also shown a momentum reversal, trading above a crucial level dubbed the “Gandalf line” [3]. Furthermore, XRP has retraced to a key support zone just above $3.00, with the RSI entering oversold territory, reinforcing the likelihood of a short-term reversal [4].

CryptoInsightUK has pointed to the possibility that XRP is entering its most explosive phase in years, aligning with broader bullish sentiment that the token could soon break free from its consolidation phase [5]. However, not all analysts are optimistic; one has warned of a potential 90% decline against Bitcoin in the near future [6], highlighting the inherent volatility in the market.

Amid this uncertainty, Ripplecoin Mining has introduced a new initiative aimed at helping investors generate income from their XRP holdings. The “Free Start” mining strategy allows users to earn daily passive income from XRP, BTC, and other digital assets without requiring an initial investment [7]. The platform uses an AI-driven scheduling engine to optimize mining efficiency and supports multi-currency payments, including XRP, BTC, ETH, and USDT [8]. New users can sign up and receive $15 in free computing power, enabling them to start earning immediately [9].

The platform also offers cloud computing contracts with varying terms and return rates, allowing users to reinvest or withdraw earnings as desired. Ripplecoin Mining’s COO emphasized that the platform is designed to help XRP holders convert price uncertainty into stable returns, regardless of market volatility [10]. The company, which operates in over 180 countries and serves more than 9.5 million users, is expanding its offerings to include combined contracts and ETH mining plans [12].

Source: [1] XRP News: Price Enters Critical Zone – is the Final Push Coming? (https://coindoo.com/xrp-news-price-enters-critical-zone-is-the-final-push-coming/)

[2] XRP Price Prediction: XRP Begins August With a Dip, but ... (https://bravenewcoin.com/insights/xrp-price-prediction-xrp-begins-august-with-a-dip-but-divergence-signals-a-surprise-upside)

[3] XRP News Today: XRP Eyes Major Breakout as Analysts ... (https://www.ainvest.com/news/xrp-news-today-xrp-eyes-major-breakout-analysts-flag-bullish-technical-signals-2508/)

[4] Can It Hit $5 in August—and Will Cardano Rally Too? (https://coincentral.com/xrp-prediction-could-it-break-5-in-august-and-will-cardano-join-the-rally/)

[5] XRP Breakout Targets $15—Analyst Says 'This Is Just The ... (https://www.mitrade.com/au/insights/news/live-news/article-3-1005351-20250801)

[6] Analyst Predicts Historical 90% XRP Crash Against Bitcoin, ... (https://www.mitrade.com/au/insights/news/live-news/article-3-1006626-20250802)

[7] XRP May Be Poised For A Historic Breakthrough, And ... (https://www.barchart.com/story/news/33815647/xrp-may-be-poised-for-a-historic-breakthrough-and-ripplecoin-mining-is-creating-a-new-passive-income-model)