In mid-July 2025, the cryptocurrency market was buoyed by the sharp rise of the XRP/USD rate. Having broken through the resistance trendline R, Ripple’s price surged to a yearly high above $3.5. This rally was supported by a positive news backdrop, with the main bullish drivers being:

→ The Stablecoin Act. Signed by President Donald Trump on 18 July 2025, this law established a clear regulatory framework for stablecoin issuers.
→ Reports that Ripple Labs had issued a significant volume of new RLUSD tokens, signalling growing adoption and usage of this stablecoin.

XRP Price Forecasts to the End of 2025

Riding on July’s optimism, many analysts and leading financial publications were quick to issue bullish forecasts for XRP, most predicting continued growth through year-end.

Examples include:
→ Standard Chartered analysts forecast XRP at $5.50, citing its role in cross-border payments, the potential launch of spot XRP ETFs, and further adoption of RLUSD.
→ Coincodex analysts projected stabilisation around $3.63, taking into account broader market trends.

However, by mid-August XRP had dropped below $3 – a level that casts doubt on whether those positive year-end forecasts will materialise. Why?

Technical Analysis of XRP/USD

The chart shows that XRP price fluctuations formed an ascending channel (marked in blue), and in mid-July the price broke above the previous 2025 high around $3.4, but at the same time:
→ the price formed a bearish Double Top (1–2) pattern when market sentiment was extremely optimistic;
→ trading volumes were exceptionally high (based on exchange data, e.g. Binance), yet the price failed to rise – indicating a lack of progress despite strong buying pressure.

This suggests that large players may have used the market hype to take profit on long positions (and potentially open shorts). Subsequent price action supports this view:
→ On 23 July, XRP fell below $3.4 with rising volume. Candles were long and closed near their lows, a sign of bearish strength.
→ That level became resistance, with the price showing weakness whenever it approached it (highlighted with red circles).
→ The $3.133 level also flipped from support to resistance.

This indicates that July’s bullish momentum has been fully exhausted and that bears are now in control. The lower boundary of the ascending channel may act as resistance, while XRP – lacking bullish fundamental catalysts – could move lower, potentially targeting the key support area around $2.75.

Analytical XRP price projections are available in the article Analytical Ripple Price Forecasts for 2025–2030.

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