XRP Price Outlook: Can Ripple Break Through Resistance?

XRP price has come under pressure recently, shedding close to 8% over four days, but many believe this downturn might be setting the stage for a stronger rally. Following Ripple’s recent legal win over the SEC, renewed optimism has surged among investors and analysts who see this correction as a potential springboard rather than a setback.

The current XRP pullback saw prices retreat from over $3.40 to lows near $3.11. While on the surface this may appear troubling, underlying trading activity remains robust. Analysts suggest this dip largely results from profit-taking and conservative positioning ahead of key U.S. inflation numbers, which could influence broader crypto sentiment depending on their impact on Federal Reserve policy decisions.

Interestingly, despite the slide, elevated trading volumes signal that institutional interest in XRP remains intact. One strategist framed the decline not as a sign of weakening confidence, but as tactical repositioning in anticipation of market swings related to macroeconomic developments.

Renowned technical analyst Ali Chart sees the recent downturn as part of a larger bullish setup. According to his analysis, XRP is emerging from a long-standing triangle pattern, a technical structure that typically precedes strong directional moves. Critical to this outlook is the $3.42 resistance level; if surpassed, XRP could begin targeting $3.60 to $4.00 in the short term.

Another perspective, shared by a featured trader in The Tradable, views $3.10 as a prime entry point. The trader argues that reclaiming the $3.42 level could trigger accelerated upward momentum, making a push toward $4.00 increasingly probable.

Key Technical Levels Driving XRP Momentum

• Support zone: Between $3.05–$3.15
• Immediate resistance: $3.42
• Short-term upside potential: $3.60–$4.00
• Risk if support fails: Decline toward $2.95–$3.00
• Macro drivers: U.S. inflation data, profit-booking behavior, trading volume trends

On a broader time horizon, predictions for XRP’s performance are even more striking. Some projections estimate that Ripple could reach $5.05 by year-end, with further potential bursts extending to $8, $11, and in hyper-bullish conditions even $12.60. These long-term targets hinge on factors such as the SEC case resolution, increasing adoption by institutions, approvals for cryptocurrency ETFs, and the persistence of bullish technical formations.

Coinpedia sets a mid-term projection of $26.50 by 2030 and an ultra-long-term target of $526 by 2050. These lofty estimates, while speculative, reflect the depth of market enthusiasm tied to regulatory clarity and the strategic positioning of Ripple in the global payments infrastructure.

This Month’s Crucial Levels to Watch

The $3.42 resistance mark stands as a technical pivot, with analysts anticipating that a decisive move above this point could unlock the path toward $3.60, and potentially higher. Conversely, a drop below the $3.15 support band may trigger further declines, likely testing the lower bounds of $2.95 to $3.05.

With the release of the U.S. CPI inflation report around the corner, paired with increased market sensitivity, volatility might spike across asset classes—especially in crypto. XRP’s upcoming price direction will likely align with how macro events unfold in the near term.

Will XRP Enter the ‘Euphoria Phase’?

Some analysts anticipate XRP could experience what they call a “euphoria phase” between August and October, a period characterized by parabolic moves often seen in previous crypto bull cycles. Technical indicators, such as bullish flag formations and market cycle timing, underlie these expectations.

Related: XRP Price: $12M Max Pain for Bears

Despite short-term turbulence, long-term bulls view the current phase as a battleground between profit-driven traders and believers in XRP’s larger institutional narrative. As liquidity remains firm and technical indicators align, a single breakout above resistance could flip the sentiment from guarded to euphoric almost overnight.