XRP Eyes Breakthrough to $3.40 as Bulls Test Key Resistance at $2.90
XRP is currently at a pivotal moment in its bullish trend, facing a critical resistance zone between $2.90 and $3.00. A daily close above $3 could potentially propel the cryptocurrency toward its all-time high of $3.40, as indicated by technical analysts. The recent consolidation phase follows an overbought signal on 4-hour charts, with RSI levels suggesting the rally needed a breather. Market participants view this cooldown as constructive, allowing indicators to reset and potentially setting the stage for the next upward move. As of August 2025, XRP's price action remains a focal point for traders and investors alike, with the $2.90-$3.00 range serving as a decisive battleground for bulls. A successful breakout could open the door to new highs, while failure to overcome this resistance might lead to a temporary pullback. The cryptocurrency's performance in the coming days will be crucial in determining its short to medium-term trajectory.
XRP Faces Key Resistance at $2.90 Amid Bullish Trend
XRP's upward momentum has hit a critical juncture, with the $2.90-$3.00 range emerging as a formidable resistance zone. A daily close above $3 could propel the asset toward its all-time high NEAR $3.40, according to technical analysts.
The current consolidation follows an overbought signal on 4-hour charts, where RSI levels suggested the rally needed breather. Market participants view this cooldown as constructive—allowing indicators to reset while maintaining the broader bullish structure intact.
Support now crystallizes between $2.55-$2.62, a former resistance area that may cushion any retracement. Historical price action shows this region has served as both springboard and stumbling block during previous cycles.
Crypto Firms Ripple, Circle, BitGo Push Into Traditional Banking Amid Regulatory Thaw
The cryptocurrency sector is undergoing a strategic pivot as major players aggressively pursue integration with traditional finance. Ripple, Circle, and BitGo are seeking national trust bank charters, while Kraken prepares to roll out debit and credit products—all capitalizing on the TRUMP administration's warmer stance toward digital assets.
This banking convergence marks a departure from crypto's anti-establishment origins. Stablecoin issuer Circle framed its charter application as critical for bridging crypto with mainstream finance. Currently, only Anchorage Digital holds such a charter among crypto-native firms—a privilege that may soon expand under evolving regulations.
The moves coincide with anticipated stablecoin legislation and reflect growing institutional confidence following WHITE House overtures. Companies are no longer content with niche crypto services, instead building full-stack financial offerings that blur the line between decentralized and traditional finance.
XRP Price Prediction: Will Ripple Hit $27?
Ripple's XRP has surged to $2.42, marking a 2.54% gain in 24 hours, reigniting bullish speculation. Analysts project a long-term target of $27, citing institutional adoption, regulatory clarity, and robust on-chain metrics. With a daily trading volume of $4.93 billion and a market cap exceeding $143 billion, XRP solidifies its position among top cryptocurrencies.
Legal victories against the SEC have bolstered confidence in Ripple's future. Regulatory progress has unlocked institutional interest, with RippleNet gaining traction for cross-border payments. XRP's utility as a bridge asset in global finance distinguishes it from speculative peers, grounding its value in real-world applications.
Market experts argue that banking and remittance adoption could make the $27 target plausible. As blockchain infrastructure permeates global finance, XRP's role appears increasingly pivotal.
Ripple Price News: XRP Bulls Target $50 in Long-Term Rally Backed by Rare Candle Formation
XRP's price surged to $2.84, marking a 5% gain in 24 hours, as bullish momentum builds. The token recently hit $2.90, its highest since March, with weekly gains exceeding 23%. Amid a tentative market rebound, XRP outperforms most top 100 non-stablecoin assets, defying the broader crypto landscape's wait for an altcoin season.
A rare three-candle formation on monthly charts, first spotted by analyst EGRAG Crypto in late 2023, fuels speculation of a historic rally. Long-term targets of $10 and $50, initially set at the $0.60 level, remain in play as institutional interest grows and technical patterns align.
Ripple vs SEC: Legal Clarity and XRP's Market Surge
Former SEC lawyer Marc Fagel has dismissed speculation that regulatory delays are prolonging the Ripple-SEC case. The ongoing legal process—stemming from mutual agreements to narrow the dispute—follows standard judicial timelines, typically resolving within one to two months. Fagel emphasized neither party nor the court is intentionally stalling proceedings.
Meanwhile, XRP has defied legal uncertainty with a 50% price surge over 19 days, including a 29% weekly gain. Trading near $2.93, the asset faces immediate resistance at $2.90. A breakthrough past $3 could propel it toward all-time highs as the broader crypto market capitalization rebounds to $3.7 trillion, signaling renewed institutional liquidity.
Grok AI's XRP Price Prediction Sparks Market Speculation
Elon Musk's upgraded Grok AI has generated bold price projections for XRP, ranging from $10 to $400 in various scenarios. The most optimistic forecast suggests a $100-$200 valuation if XRP replaces SWIFT as the dominant cross-border payment network—a scenario contingent on hyperinflation and global financial system overhaul.
More conservative estimates place XRP at $10-$15 by 2027, citing institutional adoption and regulatory clarity as key drivers. The AI's analysis highlights Ripple's expanding payment infrastructure as a critical growth factor, though it cautions that systemic financial transformation WOULD require significant time.
