XRP on the brink of significant achievement as a monthly close above $3.03 indicates a potential cycle 3 leap toward $32.
In the ever-evolving world of cryptocurrencies, Ripple's XRP is making waves, currently aligning with "Cycle 3" and demonstrating strong upward momentum. This development has caught the attention of analysts, who believe this monthly close could establish a long-term trend shift.
As of early July 31, XRP was trading at approximately $3.17. If a noted breakout from the current structure occurs, the price of XRP could potentially be propelled towards $8.93, according to some forecasts.
XRP has moved beyond key exponential and simple moving averages, including the 21 EMA and 33 SMA, positioning itself above a primary support. This stability above the support is a positive sign, indicating a potential for continued growth.
Looking further ahead, if momentum persists, the projected cycle highs could be tested in September 2025. The predicted price for XRP by this time varies among forecasts but generally ranges between $6 and $10, based on current market data and past cycles.
Perplexity AI’s model, for instance, predicts XRP could trade between $6 and $9 in September 2025 if the current momentum continues, citing regulatory clarity and growing institutional interest as key bullish factors. Other analysts, observing whale activity and technical resistance levels, anticipate XRP might break out from around $3.60 to reach $6 to $9 or even $10 in September, with some conservative estimates placing it between $5 and $7 by year-end.
More optimistic projections suggest a potential price surge, resulting in targets from $11 to as high as $30, with a conservative target near $11 by September 2025. However, more conservative predictions from other sources suggest XRP might reach around $4 to $5 by the end of 2025, averaging between $3.28 and $4.06 based on utility trends and cross-border payment adoption.
The resistance level at $3.17, aligning with upper trend boundaries on the chart, is closely watched by technical traders. XRP has already positioned itself above a key resistance zone near $3.03, referred to as the "Chasm". This psychological and technical barrier, marked by previous cycle highs, is a significant hurdle for the cryptocurrency.
Should the price of XRP dip, further support may be found at $2.90 and $2.65, based on previous reaction zones and moving average levels. Immediate support for XRP is set around $3.04, just below the breakout zone.
The chart provided by Egragcrypto outlines three major market cycles for XRP, each showing a period of consolidation followed by sharp upward moves. According to past cycles, projected targets show potential peaks at $8.93 and $32.48 by September 2025. Technical projections on the chart highlight potential targets at $11 and beyond, although these levels remain speculative.
As we approach the end of July, XRP is currently testing resistance at $3.17, which matches its 24-hour high. Maintaining the monthly close above $3.03 remains the immediate target, with just under 19 hours left in the July session.
In summary, the consensus based on past cycles and current market signals points to a key acceleration in September 2025 with XRP potentially trading in the $6 to $10 range, while more cautious models expect $4 to $5 by year-end. The wide range reflects differing assumptions about market momentum, regulatory impacts, and institutional adoption.
- The strong upward momentum of Ripple's XRP, currently in Cycle 3, has led some analysts to predict that a noted breakout from the current structure could propel the price towards $8.93 by utilizing technology, potentially positioning XRP among the highest-valued cryptocurrencies.
- XRP's stability above a primary support and its movement beyond key moving averages suggest that the cryptocurrency could continue its growth and potentially test the cycle highs in September 2025, with prices ranging between $6 and $10, as forecasted by Perplexity AI's model, based on continued momentum, regulatory clarity, and growing institutional interest.
- Analysts observing whale activity and technical resistance levels anticipate that XRP might break out from around $3.60 to reach prices between $6 and $10 or even $10 in September, indicating that investments in this cryptocurrency could yield significant returns as we move into the future.
