XRP Price Today: XRP Joins Bullish Trend After Breaking $3 with 6.5% Surge

The rally marks a potential turning point for the Ripple-backed token, which is now outperforming broader crypto markets ahead of key legal deadlines and continued adoption of its stablecoin RLUSD. Traders and analysts are closely watching whether XRP can sustain this momentum and trigger a larger breakout in the coming weeks.

As of Monday, XRP is trading at approximately $3.066, up 6.53% in the last 24 hours. This rebound follows a week of volatility that saw the token dip to lows around $2.72 before mounting a strong recovery. Market analysts point to increased investor confidence driven by regulatory progress and Ripple’s expanding ecosystem.

XRP was trading at around $3.06, up 6.53% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

According to crypto market commentator EGRAG CRYPTO, recent price wicks on the two-month chart triggered unnecessary panic but are ultimately part of a larger bullish setup. “This may be the beginning of the biggest candle body in XRP’s history,” he suggested, warning traders not to be shaken out by minor volatility. His XRP price prediction hinges on the token maintaining support and building upward momentum.

Much of the current XRP news cycle is centered around the ongoing SEC vs. Ripple lawsuit. With the August 15 deadline fast approaching, both parties are expected to provide a joint status update that could shape the future of the case. Investors are closely watching whether the SEC will choose to de-escalate, potentially clearing the path for XRP to be officially viewed as a non-security.

Ripple and the SEC may reach a resolution in their long-running legal battle by August 15, 2025. Source: John Squire via X

This legal backdrop has intensified XRP’s price movements. Over the past 24 hours, XRP outperformed major assets like Bitcoin and Ethereum, which posted comparatively modest gains. Traders appear to be rotating funds into XRP based on the perceived upside tied to potential regulatory clarity—a long-awaited turning point in the Ripple vs SEC legal saga.

Beyond the courtroom, Ripple has made tangible progress within its ecosystem. The launch of RLUSD, a dollar-pegged stablecoin built on the XRP Ledger, is gaining rapid traction. With a circulating supply now exceeding $600 million, RLUSD not only enhances XRP’s utility but also contributes to token burns by using XRP for transaction fees.

Ripple’s RLUSD stablecoin has surpassed a $600 million market cap, signaling growing adoption across the XRP Ledger ecosystem. Source: Whale Insider via X

This development has attracted attention from both retail and institutional participants. Analysts believe RLUSD could play a central role in enterprise payment flows, particularly in high-volume corridors such as India. These advancements also add weight to the growing speculation around a potential XRP ETF, especially following clearer crypto regulations from U.S. authorities.

Technically, XRP is showing strength across multiple timeframes. On the 1-hour chart, the asset has recovered from $2.77 to over $3.05, with a volume surge confirming short-term resistance around the $3.03–$3.10 range. A break above this level with sustained buying could open the door toward $3.20, and potentially even $3.40–$3.66 in the coming weeks.

XRP has broken out of its sideways range, and if a pullback holds above support, it could trigger a strong move toward the immediate resistance at $3.10. Source: EdneyTenJua on TradingView

Support levels to watch include $2.98 and $2.93 on the lower end. A failure to hold above $2.90 could shift momentum back into bearish territory.

Momentum indicators are currently mixed. The RSI sits near 51, indicating a neutral stance, while MACD and Stochastic oscillators show a mild bullish bias. Longer-term moving averages like the 100- and 200-day EMAs remain firmly bullish, reflecting confidence among long-term holders.

With macro indicators still aligned in XRP’s favor, the short-term price direction will likely hinge on two fronts: the legal update due on August 15 and a successful technical breakout above $3.10. Both could act as critical catalysts for the next major price movement.

XRP’s recent wick caused unnecessary panic, though analysts suggest it’s part of a larger, potentially historic bullish formation on the 2-month chart. Source: EGRAG CRYPTO via X

Should the court case resolve favorably and technical barriers fall, XRP price prediction 2025 models may be revised upward, with some analysts projecting long-term targets between $5 and $7. Conversely, failure to break resistance or disappointing legal developments could prompt a retest of lower support zones.

For now, the price of XRP today reflects both renewed trader confidence and a market waiting for confirmation. With momentum building across legal, technical, and ecosystem fronts, XRP remains one of the most closely watched digital assets in the crypto space.