XRP’s Next Move: Analyst Spots Key Breakout Opportunity as Price Hovers Near Support

XRP is as soon as once more at a turning level after weeks of turbulence that noticed it lose its spot as the third-largest cryptocurrency by market capitalization.

Analysts are carefully watching whether or not Ripple’s native token can reclaim bullish momentum, with some pointing to a possible transfer towards $2.92 as the following key inflection level.

Analysts Split as XRP Tests Support

On August 31, dealer CrediBULL Crypto told followers on X that if XRP’s latest lows stay agency, a transfer towards the $2.92 swing high is believable. However, this zone can be recognized as a possible space for a worth rejection. “Clear that, and we’ve got a full-on reversal on our palms,” CrediBULL stated.

Hours later, he famous he had exited his place, citing considerations of draw back liquidity searching because of Ethereum weak spot. This cautious outlook was mirrored in latest buying and selling, as XRP’s worth fell to $2.73 on August 30, a low not seen for the reason that begin of that month.

Meanwhile, one other neighborhood determine, CryptoBull, projected a much more formidable goal of $7–$8 on a month-to-month chart sample.

These predictions come in opposition to a backdrop of combined developments for XRP. As CryptoPotato lately reported, the XRP Ledger finished Q2 2025 with a report $131.6 million in tokenized real-world belongings (RWAs), with contributions from main corporations like Guggenheim and Ondo.

Ripple’s RLUSD stablecoin additionally grew almost 50% quarter-on-quarter, turning into the community’s largest dollar-pegged asset. However, day by day transactions and energetic addresses fell sharply, reflecting a short-term decline in engagement.

Adding gas to hypothesis, former U.S. Senate candidate John E. Deaton has stated that ETF inflows may “surprise many” as soon as the SEC approves XRP-based merchandise. With a minimum of 15 energetic filings, together with Amplify ETFs’ utility for a Monthly Option Income product, the potential of contemporary institutional publicity has strengthened neighborhood optimism.

Market Outlook

XRP has struggled to take care of its footing since peaking at $3.65 on July 18. Data from CoinGecko reveals the token altering palms at $2.72 on the time of this writing.

It means the asset is down 4% within the final 24 hours and 9.1% over the week. In that point, XRP has swung between $2.72 and $3.05, underlining persistent volatility.

The month-to-month image can be simply as weak, with a 9.7% drop. However, the token remains to be up 386% year-on-year.

And whereas its 24-hour buying and selling quantity stays sturdy at $4.78 billion, its market cap has slipped to $162.4 billion, inserting it behind Tether’s USDT, which lately overtook it for the quantity 3 spot.

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