After exploding to $3.40 in January, $XRP took a breather. As early profit-takers began exiting, the price dipped to $1.61 by April 7 marking a cooling-off phase for the once-heated rally.
Between April and June, XRP consolidated in a tight range. But July flipped the script. With renewed buying momentum and market-wide optimism, XRP soared again climbing from $1.96 to $3.66 in just a few weeks.
This entire swing has now formed a rounding bottom, a bullish chart pattern that typically signals sustainable recovery not just a flash pump. The first major price target? $5.13, based on the height of the saucer formation a solid 52% move from current levels.
If bulls go full throttle, a more aggressive target of $7.04 is on the radar.
RSI, Patterns & Whale Activity All Flash Bullish
What makes this bullish case stronger is the Relative Strength Index (RSI). Despite July’s explosive gains, RSI hasn’t overheated — suggesting there's more gas in the tank. Until XRP RSI crosses the 90 mark (last seen in December), there’s no clear sign of exhaustion.
Adding to the technical strength, CoinGape previously identified a bull flag, projecting a potential move to $5.90 reinforcing the bullish thesis.
Meanwhile, top analyst Ali Martinez noted XRP has broken out of a weekly bullish flag. He marked $3.50 as a critical breakout zone, projecting a parabolic move to $10 once that level is confidently reclaimed.
DeFi Expansion: RLUSD’s Silent Power Play
Ripple’s RLUSD stablecoin is quietly gaining dominance in DeFi. Recent Sentora data shows $54 million in volume on Aave, the highest ever recorded. This growth shows RLUSD is no longer just an experimental token it's cementing its place in the $140B DeFi sector.
Ripple exec Jack McDonald even hailed it as “explosive growth,” and BlueChip now ranks RLUSD above USDC and USDT in certain metrics a major credibility boost.
As RLUSD scales in DeFi, XRP may benefit indirectly strengthening fundamentals during a bullish momentum phase.
How High Can XRP Go? Market Cap Targets Paint a Massive Upside
According to EGRAG CRYPTO, XRP’s next market cap targets based on Fibonacci levels are:
Fib 1.272: $308 Billion → ~$5.20
Fib 1.414: $488 Billion → ~$8.28
Fib 1.618: $946 Billion → ~$16.00
With XRP’s current market cap around $203B, these levels represent 51% to 366% upside potential.
In the extreme bullish case, $20+ isn’t off the table, especially if the altcoin supercycle extends into Q4 2025.
Caution Ahead? Yes But It Might Be a Golden Entry
Despite the bullish sentiment, some analysts are warning of a potential short-term pullback not just for XRP but the broader crypto market.
But don’t panic these dips might offer golden entry points for long-term holders aiming for the $10–$20 XRP horizon.
Final Thought: XRP Isn’t Just Bouncing It’s Building Momentum
From bullish chart structures and strong RSI readings to DeFi integration via RLUSD and surging whale interest, XRP's August trajectory looks explosive.
If key levels hold and buyer interest sustains, XRP may be entering a price discovery phase, with $6.26, $10, and even $16+ on the table just as analysts like Martinez and EGRAG are forecasting.