XRP News Today: XRP Surges 6.4 in 1 Week as Market Eyes Key Price Levels and On-Chain Activity

Generated by AI AgentCoin World
Monday, Aug 11, 2025 12:45 pm ET1min read
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Aime RobotAime Summary

- XRP surged 6.4% in a week, trading at $3.19 with $189.6B market cap, outperforming Bitcoin but lagging Ethereum.

- Technical analysts highlight $3.05–$3.33 consolidation, with potential bullish targets at $4.39 and $5.85 if breakout occurs.

- On-chain data shows 1.05B XRP unlocked from Ripple's escrow and an unknown wallet, fueling speculation about ETF-related strategies.

- Analysts caution that sustained price validation is needed to confirm trend strength despite positive technical indicators.

XRP has surged approximately 6.4% over the past week, continuing an upward trajectory that has drawn attention from traders and analysts. As of the latest data, XRP/USD is trading at $3.19, with a market capitalization of $189.6 billion [1]. This performance outpaces Bitcoin’s 4.8% gain and trails Ethereum’s more significant 17.2% increase over the same period.

Technical analysts have noted key price levels influencing the recent movement.

XRP
is currently consolidating within the $3.05–$3.33 range, with a breakout above $3.33 potentially leading to a stronger rally toward $4.39 and $5.85 [1]. Conversely, $3.05 and $3.00 remain critical support levels to watch. On a longer timeframe, chart analyst Ali Martinez suggests a bullish flag pattern on the weekly chart could signal a long-term target of $11 if the price breaks out [1].

On-chain activity has also stirred speculation. Whale Alert reported that on August 9, a total of 1.05 billion XRP was unlocked in three transactions—400 million XRP and 100 million XRP from Ripple’s escrow, and 500 million XRP from an unknown wallet [1]. These movements have led some to speculate that

Ripple
may be preparing strategic reserves, potentially in anticipation of future ETF-related developments.

The recent price action has sparked interest among traders, with some viewing the momentum as a sign of broader confidence in XRP’s future. However, it is important to note that such price movements are often influenced by a combination of on-chain activity, technical indicators, and market sentiment. Analysts caution that while the current technical outlook is positive, continued price validation will be necessary to confirm the strength of the trend.

[1] Source: [1]XRP Up 6% In 1 Week: What Is Going On? (https://www.benzinga.com/crypto/cryptocurrency/25/08/47034919/xrp-up-6-in-1-week-what-is-going-on?utm_source=coingecko&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site)