XRP News Today: XRP Retests Key Support, Eyes $3.60 Target as Bullish Momentum Builds

XRP has recently completed a bullish retest at a key support level, reinforcing the possibility of a price move toward $3.60, a level considered a major target by several analysts. The retest, which saw the price briefly pulling back to its breakout zone, was met with buying interest, indicating strong buyer control and a solid foundation for further upward movement [1]. Crypto analyst Ali has noted that this retest confirms a favorable setup for XRP, with the $3.60 target now firmly in play [2].

Currently, the price of XRP stands at around $3.27, with key resistance levels identified at $3.40–$3.45 and support at $3.15–$3.16 [3]. A successful breakout above $3.40 could pave the way for a retest of the $3.60–$3.66 range, according to analysts on TradingView [4]. This potential movement is supported by technical patterns suggesting a multi-year bullish trend is in motion, with some observers drawing parallels to previous major price surges in the asset’s history [5].

Despite a 8.3% gain over the past week, XRP has underperformed compared to Bitcoin and Ethereum, which have posted gains of 4.95% and 27.6%, respectively [6]. However, market observers remain optimistic about XRP’s future, especially if the price sustains above the $3.31 resistance zone, potentially leading to a test of the $3.60–$3.66 target [7]. If XRP holds above the $3.00 level, it could retest the $3.55–$3.65 range, possibly leading to a breakout toward $3.80–$4.00 [8].

The current market sentiment surrounding XRP is cautiously bullish, with traders and analysts closely monitoring key price levels. A confirmed breakout above $3.40–$3.42 could signal the start of a more aggressive move toward $3.60, supported by a Relative Strength Index (RSI) showing moderate bullish momentum in the 55–62 range [4]. Analysts, however, have also warned of potential price corrections that could delay the asset’s path to $3.60 [1].

In conclusion, recent price action and technical indicators suggest that XRP is in a favorable position to continue its upward trajectory. The key to unlocking further gains lies in a sustained move above critical resistance levels, with $3.60 identified as a pivotal target by the market [5].

Source:

[1] XRP Breakout to $3.60 on the Horizon, How Soon? (https://www.ainvest.com/news/xrp-breakout-3-60-horizon-2508/)

[2] XRP Up 8% In 1 Week But Underperforms Bitcoin, ETH (https://news.futunn.com/en/post/60560904/xrp-up-8-in-1-week-but-underperforms-bitcoin-eth)

[3] Latest RIPPLE News, Opinions and Feed Today (https://www.binance.com/en/square/hashtag/RIPPLE)

[4] Page 2 | XRP Trade Ideas — BITSTAMP:XRPUSD (https://www.tradingview.com/symbols/XRPUSD/ideas/page-2/)

[5] XRP Price Multi-Year Breakout Could Rewrite the History ... (https://captainaltcoin.com/xrp-price-multi-year-breakout-could-rewrite-the-history-books-heres-why-this-time-feels-different/)

[7] ADA Price Prediction: Cardano Eyes $0.921 Target as ... (https://blockchain.news/news/20250813-price-prediction-target-forecast-ada-cardano-eyes-0921-as-bullish-momentum)

[8] XRP Trade Ideas — BITSTAMP:XRPUSD (https://www.tradingview.com/symbols/XRPUSD/ideas/?sort=recent)