XRP displays clear signs of growth, raising questions about its potential to rise above $3.
Price Action and Market Structure
XRP has shown strong bullish momentum since early July, rallying from the $2.20 range to just shy of $3. The breakout began accelerating after July 10, when price action pushed through key resistance near $2.50. The next major technical barrier now stands at the psychological $3 level, followed by historical resistance zones between $3.10 and $3.30.
On the downside, XRP’s near-term support lies around $2.70 — a previous resistance turned support zone. Below that, the $2.50–$2.55 range could serve as a key buffer in the event of a retracement.
AI Price Prediction
According to machine learning-based forecasts from CoinCodex, XRP is expected to experience moderate gains in the coming weeks. The platform’s AI models predict XRP could reach as high as $3.17 by mid-August, supported by strong market momentum and positive sentiment across the broader crypto market.
The model also anticipates short-term consolidation, projecting XRP to fluctuate within the $2.80–$3.20 range during the first half of August, with the possibility of new highs if volume remains elevated.
Key Levels and Conclusion
XRP's 24-hour trading volume jumped to $12.49 billion, up 84.49%, signaling renewed market participation. The volume-to-market cap ratio stands at 7.16%, which is relatively high and typically indicative of sustainable interest.
The market cap now stands at $174.13 billion, placing XRP among the top three cryptocurrencies. Key levels to watch include resistance at $3.00, $3.17, and $3.30; support at $2.70 and $2.50.
XRP’s strong technical structure, surging trading volume, and AI-powered predictions suggest a bullish outlook for August. While breaking above $3 will be critical for further upside, support levels below offer a cushion in case of short-term corrections.
