XRP News Today: XRP Reclaims $3.00 With 19.27% Surge Amid Bullish Rebound

XRP has demonstrated resilience by maintaining its position above the key $2.80 support level, a critical area reinforced by the 50-day moving average and the value area high. This level has been a focal point for traders and investors due to its structural significance and history of heavy trading volume. The recent bounce off this support zone is being interpreted as a bullish retest, signaling potential for renewed upward momentum. Technical analysis indicates that XRP is currently forming higher highs and higher lows, a classic sign of bullish continuation [1].

The current price action is being supported by above-average bullish trading volume, which suggests strong demand and a willingness among buyers to defend the $2.80 level. This volume confirmation is crucial in validating the strength of the retest and provides additional confidence for those monitoring the market. Analysts have noted that the ability of XRP to hold above this level with consistent daily closes increases the likelihood of a continuation of the bullish trend [2].

Looking at the broader chart structure, XRP has shown a pattern of consolidation above $2.80 following a series of higher lows and higher highs, reinforcing the idea that the market is in a phase of controlled accumulation. The current consolidation period is seen as an important development, as it allows for the reinforcement of support and the potential trapping of weak sellers. This type of sideways movement is typical in bullish markets and is often a precursor to the next significant price rally [3].

If the current structure continues to hold, the next key target for XRP could be a retest of the $3.65 resistance level, a previous touchpoint for the asset. A sustained move above $2.80–$2.95 would be necessary to unlock this potential, as it would indicate that the market is ready to push into the next phase of its rally. The likelihood of such a move increases with continued volume inflows and a strong price action profile, which together signal a healthy market dynamic [4].

In a related development, XRP recently broke above the $3.00 mark, marking a 19.27% increase in value. This sharp rebound has sparked renewed optimism among traders, who are now eyeing the $4.00 level as the next major resistance. The move up from $2.80 was interpreted as a sign that short-term sellers are losing strength, and that buyers are stepping in with increasing confidence. Analysts have noted that the successful reclamation of $3.00 could serve as a catalyst for further gains, especially if the price is able to remain above this level in the coming days [5].

While the immediate outlook appears bullish, the market is also underpinned by some conflicting forecasts. A minority of analysts have expressed concerns about a potential reversal, with one warning that XRP could drop as low as $2 in the event of a renewed bearish trend. This divergence in forecasts highlights the importance of continuous monitoring of both price and volume data to confirm the sustainability of the current bullish structure [5].

The market now turns its attention to whether XRP can maintain its position above $2.80 and continue pushing toward key resistance levels. A sustained bullish structure, supported by strong volume and price action, would significantly increase the probability of a breakout to new all-time highs. However, any failure to hold this critical support could trigger a reevaluation of the market’s direction and lead to a reassessment of short-term targets. The coming days will be crucial in determining the next phase of XRP’s price trajectory [1].

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Source:

[1] XRP holds $2.80 support as bullish retest signals potential new highs (https://crypto.news/xrp-holds-2-80-support-as-bullish-retest-signals-potential-new-highs/)

[2] Crypto Market Update: Bernstein's Bull Market Projections (https://www.instagram.com/p/DNi39KnpbSZ/)

[3] XRP Price Breaks $3.00 With 19% Surge – Eyes on $4 Next (https://thetradable.com/crypto/xrp-price-breaks-300-with-19-surge-eyes-on-4-next-ig--a)

[4] 1inch Launches Solana Cross-Chain Swaps (https://m.economictimes.com/crypto-news-today-live-19-aug-2025/liveblog/123371448.cms)

[5] Ali Martinez Warns XRP Could Drop as Low as $2! (https://pintu.co.id/en/news/195350-ali-martinez-warns-xrp-drop-low-as-2)