XRP is tracing a familiar technical roadmap that has previously preceded explosive gains. As of August 2025, the asset is once again consolidating within a falling wedge pattern—a structure that historically signals a potential breakout. The setup mirrors a bullish fractal from earlier this year, when XRP surged nearly 70%, climbing from $2 to over $3.39.

Technically, XRP has been holding above the 50-day exponential moving average (EMA), a crucial support level that often acts as a launchpad during bullish phases. More importantly, it has recently reclaimed the 20-day EMA as support—another echo of the early-year rally. The Relative Strength Index (RSI) has cooled from overbought territory and is stabilizing near the 50 level, mirroring the conditions that preceded the previous breakout.

Now, all eyes are on the upper boundary of the falling wedge. A decisive break above this level could open the path to $3.75—a 20% upside from current levels. However, failure to break through may result in a retest of the 50-day EMA. If that support fails, the next key level sits at the wedge apex near the 200-day EMA around $2.34.

Beyond the charts, XRP’s fundamentals are also flashing strength. Whale accumulation is increasing, and the macro environment may soon turn favorable. The anticipated September rate cut by the Federal Reserve could shift risk appetite, potentially providing further tailwinds to assets like XRP.

The on-chain data supports the bullish narrative. According to Dune Analytics, Ripple’s XRP Ledger processed over 70 million transactions in July alone, and more than 1 million new accounts have been created this year. Stablecoins are playing a growing role in this ecosystem. Braza Bank in Brazil issued $4.2 million worth of BBRL stablecoins in July, making it the second-largest BRL stablecoin on the network. Meanwhile in the U.S., Ripple’s RLUSD has seen daily transfers climb rapidly—adding to the token’s use case and driving deeper liquidity.

As stablecoin activity continues to rise and the XRP Ledger expands its footprint, market sentiment is gradually shifting toward optimism. While the immediate breakout depends on technical execution at the wedge resistance, the broader trend suggests that XRP is building a foundation for a potential move toward the $3.75–$4.00 range.

As always, this is not investment advice. Traders should conduct their own research and assess risk carefully before making any decisions in this volatile market.$XRP