The digital asset XRP associated with Ripple Labs demonstrates significant growth by breaking out of a bullish flag pattern. Analysts are now forecasting a potential increase in price to levels between $8 and $11 in the coming months.
XRP Dominance Gradually Returning
Market data shows that XRP's price breakout on the weekly chart in early August caught the attention of analysts. Ali Martinez pointed to the bullish flag pattern, noting that it often signals the continuation of an upward move. In his recent post on X, he stated that this setup could push the price to higher levels if recent support holds.
XRP Price Outlook From Analysts
Other market watchers agreed with the idea of higher prices for XRP. GalaxyBTC compared XRP’s current price action to patterns seen between 2014 and 2017. He noted that a close above $3.35 could push XRP's price to $4.2 and likely pave the way to $10. At that level, XRP would have a market value above $580 billion at the current supply. Analysts also expect XRP to hit $3.80 soon, which could be the first step towards $8 and then potentially $10.
Historical Data May Shape XRP August’s Showing
It is worth mentioning that XRP’s past price data shows August has often been a strong month. As of August 2025, the coin has gained 35% thus far after smaller gains in June and July. In 2024, it fell by 9.17% in August, while the biggest recent August gain came in 2021, with a 59.9% increase. Although some years, such as 2023 and 2019, saw declines, August has frequently brought significant price changes, making it a critical month to watch.
Over the coming weeks, monitoring XRP's behavior will be crucial in determining its further movement. If buying pressure continues, price targets of $8 to $11 could materialize. Otherwise, a longer sideways trading period may precede the next significant shifts.
