XRP's price action is currently exhibiting volatile consolidation near the $3.00 psychological level, following a significant rally in July that pushed it to all-time highs. Chartist EGRAG crypto has identified several critical technical patterns that could shape its future trajectory. Notably, bullish 4-hour candle closes above $3.00 suggest growing trader confidence, though upper wicks indicate persistent selling pressure. A retest of the $2.93-$2.96 support zone appears likely before any continuation of the upward trend. As of August 2025, these technical signals are crucial for investors to monitor, as they could determine whether XRP maintains its bullish momentum or faces further consolidation. The cryptocurrency's ability to hold key support levels and break through resistance will be pivotal in the coming weeks.
XRP Price Projection: 5 Key Technical Signals to Monitor in Bull Market
XRP's price action shows volatile consolidation NEAR the $3.00 psychological level after July's rally to all-time highs. Chartist EGRAG CRYPTO identifies critical technical patterns shaping its trajectory.
Bullish 4-hour candle closes above $3.00 signal trader confidence, though upper wicks indicate persistent selling pressure. A retest of the $2.93-$2.96 support zone appears likely before continuation.
The token's ability to hold $2.90 demonstrates underlying strength despite broader market caution. Volatility across shorter timeframes suggests accumulation before the next decisive move.
Ripple Buys Rail, $200M Deal That Might Kill USDC’s Dominance
Ripple's $200 million acquisition of Rail signals a strategic shift in the digital payments landscape. The move could challenge USDC's market dominance, as Ripple leverages Rail's infrastructure to enhance cross-border transactions.
This deal underscores the intensifying competition among stablecoins and payment protocols. Market participants are watching closely to see if Ripple's play will disrupt the current equilibrium in crypto liquidity solutions.
XRP Eyes $4.80 Amid Japan ETF and South Korea Regulatory Support
XRP holds steady near $3 as the crypto market anticipates a pivotal SEC decision on Ripple's appeal withdrawal. A confirmation could propel the token past $3.30 resistance, with technical charts suggesting a potential rally toward $4.80. Neutral RSI and bullish MACD signals hint at breakout conditions if regulatory winds prove favorable.
Japan's SBI Holdings makes a landmark MOVE with its Bitcoin/XRP ETF filing, signaling institutional conviction. The Ripple stakeholder has committed to $1 billion in XRP purchases for treasury diversification. Meanwhile, South Korea's BDACS custodial approval grants XRP compliant access to Upbit and Coinone, cementing its position in Asia's crypto vanguard ahead of the country's 2025 spot ETF rollout.
