Instant overview
Daily price: approximately $3.32, with an internal fluctuation between $2.98 – $3.37.
Strong growth ranging from 11% to 13% over the past 24 hours, according to several platforms like Kraken, CoinGecko, and Coinbase.
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Reasons for the recent rise and key catalysts
Final legal victory: The U.S. federal court announced the end of Ripple's legal battle with the SEC after years of dispute. This legal breakthrough removed much of the ambiguity surrounding XRP, restoring investor confidence.
Scientific formation for a rise (Bull Flag): A positive technical pattern formed indicating a strong upward potential towards the $8–$15 range in the medium to long term, if resistance at $3.33 is surpassed.
Technical data activity:
Successfully surpassed resistance at $3.10, with technical indicators such as MACD and RSI above 50, indicating strong bullish momentum towards $3.40–$3.50 and possibly higher.
Another technical aspect shows pressure within a symmetrical triangle on the four-hour frame; a breakout of resistance at $3.12–$3.18 could lead to a push towards the target at $3.38.
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Potential risks and cautious notes
Sell pressure (Whale Dumping): After the legal victory, XRP experienced massive sell-offs by 'whales', even of significant value (e.g., $1.9 billion according to reports). This may temporarily pressure the price.
Excessive market volatility: Notorious for its sharp volatility; even during July 2025, it saw increases exceeding 60%, but it does not lack significant fluctuations.
Long-term forecasts may be exaggerated: Some analyses talk about distant future targets like $5.50 (an increase of 80%) or even $48.90, but these remain reliant on very strong optimistic assumptions.
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Summary
Current Situation Details
Current price Approximately $3.32, with a strong rebound of +11–13% over the past 24 hours.
Positive catalysts Legal victory, formation of bullish technical patterns, breaking important resistances.
Risks Large sell-off from whales, market volatility, some unlikely forecasts.
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General Recommendation
In the short to medium term, XRP shows signs of strength and may target levels between $3.40–$3.50.
In the longer term, if momentum continues and the bullish attack persists, bolder scenarios such as $8 or more could be considered.
But remember that the market is volatile, and many long-term forecasts are not guaranteed.