“XRP chart screams ‘Bullish!’”

XRP is one of the cryptocurrencies that has stood out this year, as it has marked new historical peaks. And the expectations of its investors will continue the rise for the cryptocurrency issued by Ripple Labs.

A technical analysis published in the TradingView community by SuperTrade, with the title “The XRP graphic screams ‘Why,” shows a potential momentum scenario for XRP. The analyst believes that, after the strong correction from $3.66 to the current USD 3.03, the price of XRP would have formed a reversal structure, with a solid support identified in the area of USD 2.72 to $2.73.

This is an area that had already been key in the July rebound and acted again as a basis for purchase after several bearish attempts, the market operator determines.

Currently, the price of XRP is pushing the intermediate resistance of $3.06. If that level were to break strongly, it would make way for a new bullish advance, he says.

According to the analysis, a four-hour candle that closes above that area would be sufficient to confirm the movement and enable a boost with two defined objectives: $3.30 and $3.66, the latter representing a return to the maximum reached previously.

The trader’s entry raising sets up an operation on the break and subsequent decline at $3.06, with a stop at $2.85, under the support and the highest recent minimum. The risk-reward ratio is around 2.8. SuperTrade suggests taking partial gains by 3.30 to reduce exposure to possible consolidation or decline, while maintaining the full target at 3.66.

The current technical training of XRP shows a sequence of minimum ascending and price compression, which hints at the possibility of an early-stage bullish continuation pattern. Among the likely configurations, the analyst mentions an ascending triangle or an inverted shoulder-head-bod, both consistent with a continuation scenario if the break of resistance is confirmed at 3.06.

Sustained Growth for XRP

In parallel with technical analysis, XRP shows sustained growth during 2025. So far this year, the asset has risen 47.3 per cent and reached a recent all-time high of $3.66. Part of this development is linked to the passage of the GENIUS law in the United States, which introduces legal clarity for cryptoactive issuers, including stablecoins.

Ripple, in addition to issuing XRP, is responsible for the stablecoin Ripple USD (RLUSD), which operates under state regulation from the New York Department of Financial Services. However, the company also applied for a license to operate as a national bank, which would move RLUSD supervision to the federal level, under the Office of the Comptroller of the Currency (OCC).

From the international level, Ripple increased its activity through strategic alliances. On July 16, it announced a partnership with British firm Ctrl Alt to develop real estate token infrastructure in Dubai, under the backing of the local Department of Lands. The project is based on the XRP Ledger (XRPL) network to manage writing tokenization. In Singapore, the company will launch the XRPL Accelerator program in September, aimed at expanding the token economy in Asia, CryptoNews reported.

Regulation also influences

In general, the regulatory and business environment is combined with a legal context still in development. Today, August 7, the U.S. Securities and Exchange Commission (SEC) begins a new debate to define whether to withdraw its lawsuit against Ripple Labs, which began in December 2020. The case stemmed from an alleged $1.3 billion collection through the sale of XRP, which the regulator, previously led by former banker Gary Gensler, considered a title unregistered value.

In March of this year, Ripple CEO Brad Garlinghouse said the SEC had decided to drop the indictment, as a result of a shift in position pushed by President Donald Trump in favor of cryptocurrencies. However, in June, Judge Analisa Torres, of the Southern District Court of New York, denied a joint motion between Ripple and the SEC seeking to annul an earlier order and reduce the fine imposed on the company.

Pending a final resolution, XRP maintains the attention of analysts and entrepreneurs in the sector. Among them are the Dom brothers and Phil Kwok, founders of the educational platform EasyA, recently valued at more than $4 billion. In a recent statement, Dom Kwok said XRP could reach $1,000 by 2030, backed by technical advances and growth in the Ripple ecosystem.

In this context, the graph is relevant to operators. The $3.06 level becomes the immediate turning point. For now, the eyes of the market are on the combination of technical signals, regulatory news, and institutional fundamentals.