XRP is showing similarities to a bullish pattern previously observed, suggesting a potential strong upward move in the coming months.
Possible 20% Surge in August
XRP's current price action reflects a bullish fractal that previously led to a 70% rally in early 2025. XRP is currently approaching a potential 20% breakout, targeting a price of $3.75 in August. Between December and January, XRP's price consolidated within a falling wedge while supporting above the 50-day exponential moving average (EMA). This consolidation resolved into an upward breakout in early January, resulting in a 70% price increase, rising from approximately $2 to above $3.39.
Strong Fundamentals Support XRP's Growth
According to data from Dune Analytics, the XRP Ledger processed over 70 million transactions in July 2025, with more than one million new accounts created this year. The activity of Ripple's RLUSD stablecoin in the United States surged, with daily transfers increasing from about 5,000 to over 12,000 within a month, reinforcing XRP's utility and user adoption narrative, indicating a promising outlook for XRP to rally toward the $3.75 to $4.00 range in the near term.
Conclusion
XRP shows viable signs of growth backed by both technical and fundamental factors, making it an interesting asset to watch in the coming months.
XRP demonstrates viable signs of growth supported by both technical and fundamental factors, making it an interesting asset to monitor in the months ahead.
