BTCC / BTCC Square / XRP News /
XRP Eyes $4 Rally as Key Resistance Test Looms

XRP Eyes $4 Rally as Key Resistance Test Looms

Author:
XRP News
Published:
2025-08-16 12:06:12
16
1
[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

Ripple's XRP is currently testing a critical resistance zone at $3.6 after rebounding from the $2.8 support level. Analysts suggest that a decisive breakout could propel the cryptocurrency toward the psychologically significant $4 mark, while failure to clear this hurdle may result in consolidation or a pullback. The daily chart indicates XRP bouncing from a confluence of support at the 0.5 Fibonacci retracement level, which has fueled buying interest. As of August 2025, market participants are closely watching this key technical development to gauge XRP's next major move.

XRP Price Analysis: Potential Rally to $4 Amid Key Resistance Test

Ripple's XRP is testing a critical resistance zone at $3.6 after bouncing from the $2.8 support level. A decisive breakout could propel the cryptocurrency toward the psychologically significant $4 mark, while failure to clear this hurdle may trigger consolidation or a pullback.

The daily chart shows XRP rebounding from a confluence of support at the 0.5 Fibonacci retracement level. This technical alignment has fueled buyer interest, driving price action toward the $3.4-$3.6 supply zone where previous swing highs create substantial selling pressure.

On shorter timeframes, the bullish case strengthens. The 4-hour chart reveals a completed flag pattern breakout, suggesting potential for continuation. Market participants are watching volume closely - sustained buying pressure above $3.6 could trigger a short squeeze, accelerating gains toward $4.

Ripple Bulls Target $8 in 2025 as Remittix Emerges as a High-Growth Contender

Ripple's XRP is drawing bullish attention with a potential $8 target by 2025, though analysts at Changelly and Traders Union suggest a more conservative range of $3 to $5. The outcome hinges on ongoing SEC litigation, network adoption, and competition in the payments sector. Despite uncertainties, XRP remains a top choice for investors seeking low-fee, liquid assets on major exchanges.

Meanwhile, Remittix is quietly positioning for a breakout year, with its presale already yielding 6,600% gains. Priced at $0.0922, the project has raised $18.9 million and sold 591 million tokens, targeting the $630 billion remittance market. Its upcoming Q3 wallet beta promises real-time FX conversion and multi-currency support, with features like 40% token bonuses, staking rewards, and Tier 1 exchange listings fueling momentum.

Whales Accumulate 900 Million XRP Tokens in 48 Hours Following SEC Settlement

Institutional investors swiftly moved to acquire 900 million XRP tokens within two days of Ripple's legal resolution with the SEC, signaling renewed confidence in the asset. Trading volume surged 69% to $8.77 billion as regulatory clarity removed longstanding uncertainty.

Analysts highlight $3.27 as a pivotal resistance level, with a breakout potentially propelling prices toward $3.60. The token currently trades at $3.13, reflecting a 3% weekly gain despite a minor daily pullback.

Market observers note this accumulation marks a stark reversal from years of institutional avoidance during the securities classification debate. Derivatives markets show increased activity, with open interest rising alongside spot purchases.

XRP Double-Bottom Breakout Sets Sights on $34, Predicts Analyst

Gert van Lagen identifies a seven-year double-bottom breakout in XRP's macro structure, with the neckline successfully retested NEAR $2. The chart, drawn on a logarithmic scale, frames this as a multi-cycle reversal rather than a short-term rally. The breakout-retest sequence confirms the pattern, with the first target projected near $34, aligning with the 2.00 Fibonacci extension of the double bottom.

XRP currently trades at $3.19, above the neckline but below its 2018 all-time high of $3.40. Holding above $2.00 is critical to maintaining the double-bottom thesis. Van Lagen's analysis draws parallels to the 2014–2017 setup, suggesting a potential macro reversal for the asset.

XRP Tests $3.6 Resistance After Rebound From Key Support Level

XRP has surged toward the $3.6 resistance level following a sharp rebound from its $2.8 support zone. The MOVE signals renewed bullish momentum, with technical analysts highlighting a potential breakout pattern on shorter timeframes.

Volume trends and Fibonacci retracement levels suggest institutional interest remains strong. However, concentrated supply at current prices creates a critical test for buyers. A decisive close above $3.6 could open the path toward $4.

XRP Traders Watch Key Support Levels Amid Market Pullback

XRP faces a critical test at the $3 support level as the broader cryptocurrency market retraces 1.78% from recent highs. The digital asset has retreated 7% from its $3.40 peak, leaving traders debating whether this represents a buying opportunity or the start of a deeper correction.

Technical charts show XRP carving lower highs since its mid-July surge to $3.60, with the $2.95 level now emerging as a potential safety net. Market observers note that prolonged consolidation often precedes significant breakouts, making the current price action particularly consequential.

On-chain metrics will prove decisive in determining whether this pullback constitutes a healthy market reset or the beginning of sustained weakness. A hold above key support levels coupled with stable network fundamentals could reignite bullish momentum, while breakdowns in either domain may trigger further position unwinding.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users