Recent developments suggest that the next 48 hours could be critical for XRP’s short-term price movement. Key factors to monitor include:
1. Ripple vs SEC Legal Case
There is growing speculation within the crypto community about a potential update in the Ripple vs. SEC lawsuit. Although there is no official confirmation of an announcement on Tuesday, previous legal developments have caused significant volatility in XRP’s price.
2. Institutional Accumulation
Blockchain analytics data indicates an increase in large wallet holdings of $XRP following the SEC case dismissal last week. Institutional buying often reflects strong market confidence and can provide upward momentum.
3. Macro-Economic Events
Important U.S. economic data releases, such as CPI and PPI, are scheduled this week. These reports influence overall market sentiment, especially for risk assets like cryptocurrencies. Positive data can strengthen bullish momentum for XRP, while negative results may trigger selling pressure.
Technical Price Levels to Watch
Current Price: ~$3.27 (as of August 11, 2025)
Key Resistance: $3.40 – $3.45. A confirmed breakout above this level could lead to a move toward $3.80.
Support Zones: $3.15 – $3.16. A drop below this range could push the price down toward $3.00.
Short-Term Bullish Targets: $3.30, $3.46, $3.66 (based on recent Supertrend breakout levels).
Market Outlook Before Tuesday
If $XRP breaks above $3.40 with strong trading volume, analysts project a potential 10–20% rally toward $3.80. On the other hand, failure to break this resistance, combined with negative macroeconomic news, could result in a retest of the $3.15 support level.
Traders should pay close attention to price action during U.S. market hours, as this is when volatility is usually highest.
Bottom Line:
Tuesday may be a decisive day for XRP, depending on legal updates, institutional activity, and economic data.