XRP News Today: XRP Rallies 384% in Year as Analysts Flag Potential 777% Breakout to $28.16

XRP has demonstrated strong bullish momentum, with analysts suggesting the potential for a significant price breakout. Over the past year, the token has surged 384%, outperforming major cryptocurrencies according to WisdomTree’s July report. Its current price of around $3.20 follows a breakout from multi-year consolidation patterns, supported by both market capitalization strength and technical indicators. The asset has gained 35% in the last month and 38% in the last quarter, with a market cap of $190 billion placing it third behind Bitcoin and Ethereum [1].

Technical analysts have identified key price targets based on breakout patterns and historical cycles. Egrag Crypto has noted an XRP breakout from a long-term triangle formation, projecting a potential 777% rally to $28.16. This projection aligns with historical cycles, with the next cycle peak expected around September 2025. Additionally, Ali Charts observed a bullish flag breakout on the weekly chart with a target of $11.20. Fibonacci extension levels also highlight key resistances at $5.75 and $11.20, with analysts emphasizing that sustained volume and market sentiment could validate these targets [2].

Market activity reflects strong interest in XRP, particularly in South Korea. Upbit, the country’s largest exchange, reported $1.09 billion in XRP trading volume over 24 hours, representing 40% of local crypto trades. XRP/KRW pairs accounted for nearly 19% of the platform’s total volume, indicating rising retail participation. Derivatives data also shows $9.26 billion in volume, with options volume increasing by 19.85% and options open interest up 12.61%. Binance’s top trader long/short ratio for XRP/USDT stands above 3.09, signaling a bullish bias among leading accounts [1].

Mr. Xoom has suggested that XRP is in the final stage of a five-wave bullish cycle, with the current price action aligning with the structure of a Wave 5. After a 575% rally in Wave 3, XRP has moved past the $3.39 level, and with Wave 4 ending at $1.60, the final leg could see it reaching $7 to $10, representing a potential gain of 111% to 202% from its current level. Another analyst, EGRAG, also pointed to a Wave 5 target of $9 to $10, with an extended projection to $27 if the momentum is sustained. These predictions are based on Fibonacci extensions and a completed WXY corrective pattern, suggesting the market is building toward a major breakout [3].

Critical price levels are also under observation. The $3.34–$3.35 level has emerged as a key threshold, with analysts noting that a strong breakout with high volume could drive the price toward $3.55–$3.56, while a failure to break could stall the upward trend. GalaxyBTC has added to the optimism, stating that if XRP clears the $3.35 resistance and flips it into support, the token could rally toward $10. Other traders and market observers are also bullish, with U.Today reporting that a break from a tightening bull triangle pattern could extend the price to $11 [2].

Community sentiment has shifted toward optimism, with some members predicting XRP could hit as high as $13 by month-end. This aligns with broader market speculation that XRP’s legal clarity and growing institutional interest are contributing to a stronger price trajectory. Deribit data shows a surge in long straddle trades, indicating increased volatility expectations and bullish positioning among traders [4].

While forecasts remain speculative, the convergence of technical patterns and analyst projections suggests XRP is in a critical phase of its price cycle. With multiple analysts identifying $7 to $10 as key targets and some extending projections to $28, the coming weeks will be crucial in determining whether the bulls can maintain momentum and push the token beyond its recent resistance levels [5].

Source: [1] Can XRP Rally to $28 as Analysts Predict a Massive Breakout? (https://coinmarketcap.com/community/articles/6898fdb99af91a539f438960/)

[2] XRP News Today: XRP Rebounds to $3.34 on Legal ... (https://www.ainvest.com/news/xrp-news-today-xrp-rebounds-3-34-legal-clarity-bullish-technical-signs-2508/)

[3] Expert Predicts XRP Price Targets for Wave 5 (https://cryptonews.net/news/analytics/31405614/)

[4] XRP Breakout to $10 Looms as Ripple–SEC Battle ... (https://bravenewcoin.com/insights/xrp-price-prediction-xrp-breakout-to-10-looms-as-ripple-sec-battle-officially-ends)

[5] XRP to $11? New Price Prediction Says Yes, Bull Triangle ... (https://u.today/xrp-to-11-new-price-prediction-says-yes-bull-triangle-pattern-in-play)