XRP is currently trading at $3.20, which is an increase of 1.21% within the last 24 hours. Trading volume declined slightly by 4.11%, now reaching $8.59 billion. XRP, however, has fared well this week, having increased 9.44% within a span of seven days. This reveals more investors are gaining confidence, despite fluctuating trading activity.
Experts believe this is a crucial period for XRP. The price reached a good support level, which can be an indication that soon the price will increase. Analysts are monitoring the trading for any indications of quicker growth. Investors are preparing for the price to increase within the upcoming weeks.
XRP Showing Patterns Similar to Bitcoin’s Rally
Crypto analyst CryptoPulse, asserts XRP is in a “prime accumulation zone.” In that case, savvy investors buy XRP after its price re-entered a key average known as VWAP. That tends to occur before prices rise significantly.
CryptoPulse believes XRP may climb to $5 to $7 in the near future. As more individuals begin to trade XRP, its cost may increase even quicker. the coin is demonstrating signals just like Bitcoin’s recent surge. The subsequent couple of weeks are crucial to determine where XRP’s cost is heading next.
Long-Term Price Forecast Overview
Long-term price predictions for XRP vary across experts. DigitalCoinPrice projects XRP to surpass its previous high of $3.84 and reach between $6.74 and $7.01 by the end of 2025. This forecast hinges on the coin maintaining momentum and breaking through resistance levels, which could ignite further gains.
On the other hand, Changelly’s technical analysis offers a more conservative outlook. They predict XRP’s price will range between a low of $2.23 and a high of $2.87 in 2025, with an average price near $3.50.
Changelly anticipates a potential return on investment close to -9.7%, signaling a cautious stance. For August 2025, they expect prices to hover around $3.27 with fluctuations between $3.04 and $3.49, highlighting the market’s uncertainty as it navigates evolving trends.