XRP News Today: XRP Technical Signals Suggest Potential 300% Price Surge to $12

XRP is attracting renewed attention from crypto analysts who are identifying key technical signals that could precede a significant price surge. Crypto strategist STEPH IS CRYPTO has outlined what he considers the “final wave” in XRP’s current market cycle, based on an Elliott Wave analysis. According to his chart shared on X, XRP is nearing the end of a corrective phase (Wave 4), which is setting the stage for a powerful impulsive Wave 5 movement [2]. This structure is often associated with the strongest and most explosive price action in a given cycle.

The analyst has identified potential breakout levels that, if confirmed, could propel XRP to a price range of $9 to $12, representing a potential 300% increase from its current level of around $3.35 [2]. This projection is based on the assumption that XRP can maintain strength above the $3.30 level and break through the $3.60–$3.80 resistance zone, validating the bullish structure [2].

Recent price action supports these expectations. On July 31, XRP reached a high of $3.65 before consolidating around $3.37. The asset has also seen a notable increase in trading volume, surpassing $4.2 billion in late July, which suggests increased market participation [1]. Additionally, XRP recorded a 12.44% price gain in early August, reaching $3.3460 [1], with the 24-hour high at $3.3498.

Technical indicators also point to favorable conditions. Analyst Levi notes that the stochastic RSI for XRP is currently in oversold territory, a pattern that has historically led to price surges [5]. This, combined with strong volume and a well-defined bullish wave structure, suggests that XRP is in a favorable position for a near-term breakout.

The potential for a significant upward move is further reinforced by the broader market context. XRP has been regaining traction following the resolution of its long-standing legal dispute with the U.S. Securities and Exchange Commission, which has cleared the way for renewed institutional and retail interest [2]. Analysts are now focusing more on technical developments and price structure rather than regulatory uncertainty.

Some projections suggest even more aggressive price targets. For instance, a recent report notes that XRP has already formed a strong MVRV Golden Cross, indicating a potential 630% rally to $22 [1]. While this projection is more speculative, it highlights the growing optimism among XRP traders and analysts.

Looking ahead, the next key levels to watch are $3.75–$4.00. A successful test and breakout above this range could signal the start of a larger upward trend. However, a failure to break above this level may result in a short-term pullback [2]. Traders are advised to monitor both price action and on-chain indicators for confirmation of a sustained bullish trend.

The convergence of technical signals, increased volume, and analyst forecasts suggests that XRP is at a pivotal moment in its price cycle. Whether it will deliver on these expectations will depend on how the market reacts to the next set of price movements.

Source:

[1] https://www.btcc.com/en-AU/square/XRP%20News/763393

[2] https://timestabloid.com/analyst-spots-xrp-final-wave-to-precede-massive-rally/

[3] https://www.msn.com/en-in/money/markets/xrp-heating-up-surge-in-trading-volume-hints-at-another-bullish-run/ar-AA1JWKX7?ocid=finance-verthp-feeds

[4] https://www.binance.com/en/square/hashtag/XRP

[5] https://www.ainvest.com/news/xrp-news-today-crypto-analyst-predicts-xrp-price-surge-september-2025-bullish-indicators-2508/