XRP News Today: XRP Targets 63% Gain to $4.80 if it Breaks $3 Resistance

Market analyst Ali Martinez has indicated that XRP is exhibiting significant upward potential and may be positioned for a strong rally, provided it clears a key price barrier. According to his assessment, the cryptocurrency must achieve a confirmed weekly close above $3 to unlock further gains, with targets extending to $4.80 in the mid-term.

As of mid-July 2025, XRP is trading at approximately $2.87, following a brief retracement from a recent attempt to test the $3 resistance. The broader cryptocurrency market has experienced a modest cooldown after substantial price movements earlier this month, which included Bitcoin reaching new record highs.

Since January 2025, XRP has maintained a consistent trading range, fluctuating between $2 as support and $3 as resistance. While the asset has made multiple efforts to break above this upper boundary, those attempts have been unsuccessful so far. Simultaneously, the lower end of the range has remained firmly supported by buying interest.

Martinez notes that XRP’s current price behavior is reminiscent of a similar pattern observed between August 2023 and November 2024, during which the token traded within a narrower band ranging from $0.40 to $0.74. Once that prior consolidation phase ended with a breakout above resistance, XRP advanced quickly to higher price levels, surpassing $1 and eventually reaching $2.

Based on this historical setup, Martinez believes the market could be witnessing a comparable consolidation phase that precedes a larger breakout, potentially leading to fresh all-time highs.

Should XRP manage to secure a weekly close above the $3 threshold, the next areas of resistance are projected to be $3.40, a level that rejected price action earlier in January 2025, followed by the previous all-time high of $3.80, set in 2018. If both levels are breached, Martinez sees $4.80 as a reasonable target in the near to mid-term.

Technical indicators appear to support the bullish outlook. The Directional Movement Index (DMI) shows that the Average Directional Index (ADX) is currently at 25, suggesting that a trend is forming. The Positive Directional Indicator (+DI) is positioned at 23.6, while the Negative Directional Indicator (–DI) has decreased to 15.47. The widening gap between these metrics implies strengthening bullish momentum and weakening seller presence. A sustained ADX reading above 25 would confirm a developing upward trend.

Beyond short-term targets, Martinez has previously emphasized a significant breakout from a seven-year symmetrical triangle that occurred in November 2024. This move marked the end of a prolonged compression phase and initiated a new market cycle. Since then, XRP has largely consolidated its gains during the first half of 2025.

Using Fibonacci extension analysis, Martinez has identified potential long-term price objectives at $8.96, $16.17, and $26.24, contingent upon continued bullish conditions and strong market participation. While XRP’s momentum remains favorable, Martinez underscores that a confirmed breakout above $3 is essential to trigger any major upward move. Until this level is decisively breached, the asset is likely to continue consolidating within its established trading band.