XRP Poised for a 130% Rally in August: Key Indicators and Whale Activity Signal Strong Bullish Momentum
As of August 2025, XRP is showing strong bullish signals with technical indicators and fundamental catalysts aligning for a potential 130% rally. The cryptocurrency has seen a 20% surge in Open Interest over the past week, indicating heightened speculative demand. Derivative traders on Binance are heavily positioned for upside, with a long/short ratio of 3.1. Additionally, whale activity has been notable, with 320 million XRP accumulated in just 72 hours. This aggressive accumulation follows Ripple's recent developments, further fueling optimism among investors. The combination of these factors suggests that XRP could be on the verge of a significant upward move in the coming weeks.
XRP Price Prediction: Indicators Signal Potential 130% Rally in August
XRP is gathering bullish momentum as technical indicators and fundamental catalysts align. Open Interest has surged 20% in the past week, reflecting heightened speculative demand. Derivative traders on Binance are overwhelmingly positioned for upside, with a long/short ratio of 3.1.
Whale activity underscores the optimism, with 320 million XRP accumulated in 72 hours. This aggressive accumulation follows Ripple's resolution of its SEC lawsuit, removing a key overhang. Market sentiment is further supported by expectations of U.S. rate cuts, though recent PPI data has tempered some enthusiasm.
The altcoin's technical setup appears primed for a breakout. Analysts point to converging factors—institutional interest, regulatory clarity, and macroeconomic tailwinds—as potential drivers for a significant August rally.
XRP Price Eyes $36 After 7-Year Double Bottom Breakout
XRP has shattered a 7-year Double Bottom pattern, igniting speculation of a rally mirroring its 2014-2017 bull run. Technical analysts highlight the breakout and successful retest of this long-term chart formation as a precursor to potential parabolic movement.
Crypto analyst Gert van Lagen identifies the two-week chart's textbook pattern completion, noting the breach of the neckline followed by a decisive retest. Historical precedents suggest such confirmations often precede extended uptrends. The setup implies not just a retest of XRP's $3.84 all-time high, but a possible trajectory toward $36—a target derived from the pattern's measured MOVE projection.
Ripple CTO Highlights XRPL's Role in Global Financial Infrastructure
Ripple's Chief Technology Officer David Schwartz asserts that the XRP Ledger (XRPL) was designed as foundational infrastructure for global finance. In a detailed post on X, Schwartz contrasted permissionless networks like XRPL with emerging permissioned chains, arguing that decentralized systems offer superior robustness and reach.
The 13-year-old XRP Ledger combines public accessibility with optional compliance features, positioning it as ideal for payments firms and stablecoin issuers. "When industry players build their own chains, it confirms blockchain's evolution into Core financial plumbing," Schwartz observed, citing XRPL's predictable low fees and gas-free transactions as technical advantages.
Remittix Gains Traction as Analysts Compare It to XRP Amid $19.4M Presale and Beta Wallet Launch
Remittix, a blockchain-based payments platform, has raised over $19.4 million in its presale, selling 598 million tokens at $0.0944 each. The project targets the inefficiencies of traditional cross-border transfers, positioning itself as a faster, cheaper alternative to bank wires. Analysts suggest its focus on real-world utility could make it "the next XRP."
The platform's user-friendly approach has attracted both crypto enthusiasts and newcomers deterred by blockchain complexity. With a beta wallet launch underway and a $20 million milestone CEX reveal pending, Remittix is gaining momentum as a credible payments token.
XRP Ripple Elliott Wave Forecast Targets $3.88 Amid Bullish Momentum
XRPUSD's bullish cycle, initiated from the April 7, 2025 low, is unfolding as a five-wave impulse pattern. Wave 1 peaked at $2.655, followed by a pullback in Wave 2 to $1.9112. The subsequent Wave 3 surge reached $3.66, with Wave 4 finding support at $2.736. The cryptocurrency now advances in Wave 5, targeting $3.88 based on the 123.6% inverse retracement of Wave 4. A decisive break above $3.66 WOULD confirm the bullish trend and rule out a double correction.
Within Wave 5, a lower-degree impulse is forming. Wave (i) hit $3.105, with Wave (ii) dipping to $2.9033. Wave (iii) extended to $3.382, and Wave (iv) corrected to $3.1053. XRPUSD is expected to rally in Wave (v) to complete Wave ((i)), followed by a corrective Wave ((ii)) adjusting the cycle from the August 3, 2025 low. The uptrend is likely to resume thereafter, provided the $2.736 pivot holds, with dips expected to find support in a 3, 7, or 11-swing structure.
XRP Faces Key Support Test Amid $1B Market Liquidation, Ripple CTO Confirms Ledger Readiness
XRP is undergoing a critical support test at $3.10 as a $1 billion market liquidation triggers profit-taking. ChatGPT's analysis highlights a strong pullback to key levels, with institutional players capitalizing on the volatility. The RSI remains neutral, suggesting balanced positioning without oversold conditions.
Ripple's CTO has confirmed the XRP Ledger's readiness for global financial infrastructure, potentially setting the stage for a rebound from support at $2.99. Technical indicators show mixed signals: XRP trades below the 20-day EMA at $3.13 but maintains strength above longer-term moving averages. MACD hints at a bullish reversal despite current bearish structures.
Volume analysis reveals exceptional activity, characteristic of liquidation-driven sell-offs. The market watches closely to see if XRP can hold support or face deeper correction.
