🔥XRP Analysis🔥
Price & Market Overview
Current Price: ~$3.05 USD
24-Hour Range: Low of ~$3.01 to high of ~$3.08
This fluctuates around the current level, signaling consolidation in the short term.
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Recent Market Movements & Technical Triggers
Strong Short-Term Rally: On August 22–23, XRP surged roughly 8.6%, bouncing from $2.83 to over $3.00, with a peak intraday range between $2.79 and $3.10—fueled by significantly higher trading volume (around 5× the session average) .
Key Levels to Watch:
Analysts cite $2.73 as a critical macro support. Holding above this level suggests bullish momentum remains intact.
A breakout above $3.30 is seen as a potential trigger for the next leg up .
Wave & Pattern Projections:
One Elliott Wave projection suggests XRP is entering Wave 5, with a thrilling upside target—potentially reaching $13 to $18 .
Another sees a near-term corrective phase ending soon, paving the way for a move above $4 .
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Analyst Price Targets & Forecasts
Short-Term (Weeks Ahead):
Analyst CryptoBull sees a surge to $7–$8 in coming weeks .
Mid-Term (2025)$XRP
Standard Chartered forecasts XRP could reach $5.50 by end-2025, then climb to $8 in 2026, $10.4.