The XRP market is entering a tense phase as August comes to a close. Traders and analysts are focusing on a key price threshold: only if XRP closes the month above $3.3 will the long-term growth structure be confirmed. If it does not surpass this threshold, XRP's upward trend risks being interrupted in the near future.

Performance in August: Short-term increase, Long-term decrease

In August, XRP peaked at $3.35, creating excitement among investors. However, this coin quickly fell into a downtrend, losing nearly 6% in one day, dropping to $2.88. Overall for the week, XRP has dropped more than 11%, reflecting instability in the current period.

Technical Structure: Long-term 'W' Pattern

According to EGRAG's analysis, XRP's monthly chart has formed a long-term double bottom (W shape).

First bottom: formed after a sharp drop from $3.84 (01/2018) to $0.1050 (03/2020), then recovered to $1.96 (04/2021).

Second bottom: occurred when the price fell to $0.2879 (06/2022), then recovered to exceed $2 by the end of 2024.

Breaking the resistance level around the $1.96 - $2 area by the end of 2024 is considered a significant breakout signal. XRP revisited this area in 2025 and maintained support, before recovering back above $3 last July.

However, EGRAG emphasizes that only if it closes monthly above $3.3, the bullish pattern will truly be confirmed, opening up opportunities for a significant breakout in September.

XRP Price Forecast for September

Many experts are giving optimistic forecasts for XRP:

EGRAG: XRP could surge to $28 in September - equivalent to an increase of nearly 777% from the current level.

Zach Rector: XRP could fluctuate in the range of $7 - $15 from August 23 - September 7, thanks to accumulation and expectations of a new trading fund in October.

CryptoInsightUK: observing signs of bullish divergence on the XRP/ETH pair, indicating that XRP may begin to outperform Ethereum.

CrediBULL: believes that XRP's price action is currently 'stronger' than ETH, which is showing signs of slowing down.

Conclusion

XRP is in a state of 'mental calculation' as it is just one step away from confirming a long-term upward trend. August could become a critical milestone:

If it closes above $3.3, the door will open for a breakout rally in September.

If it fails, XRP risks continuing to struggle around the $2 support area before finding new opportunities.

In the context of the entire market anticipating significant capital inflows into the cryptocurrency market as ETFs approach, XRP is becoming one of the most notable coins in August - September 2025.

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