XRP’s bullish structure is gaining traction, with technical analysts projecting major upside fueled by Elliott Wave signals and institutional buying momentum.
As XRP retests key resistance near $3.30, market sentiment grows increasingly optimistic about the coin’s trajectory.
XRP Builds Higher Lows as Wave 3 Momentum Strengthens
XRP today continues to display bullish behavior, as the price formed a clean series of higher lows and broke the resistance at $3.23. According to crypto analyst XRPunkie, this price structure marks the early stages of a Wave 3 rally based on Elliott Wave theory—a phase often characterized by rapid, impulsive moves in the direction of the dominant trend.
The analyst suggests the XRP price may overextend toward $13 during Wave 3, with a target range of $10–$15 and intermediate Fibonacci levels serving as potential take-profit zones. Source: XRPunkie via X
In a detailed analysis shared on TradingView and X, XRPunkie noted that XRP has broken free from months of consolidation, marking the end of Wave IV and the beginning of what he expects to be a powerful Wave 3 leg. He mentioned that this wave could extend well beyond traditional targets, highlighting a broad target zone between $10 and $15.
The technical outlook is supported by the current bullish trajectory of XRP, reinforced by upward-sloping exponential (21 EMA) and simple (33 SMA) moving averages. These indicators reflect growing momentum in favor of the bulls.
Fibonacci Extensions Suggest Multi-Layered XRP Targets
Using Fibonacci extension levels, XRPunkie identified a cluster of short-term resistance points, including $4.12 (1.272), $5.31 (1.618), and $6.16 (2.272). These serve as potential profit-taking zones within the third wave, offering traders actionable checkpoints along XRP’s projected rally.
XRPunkie highlights XRP price targets at $4.12 to $6.16, with extended bullish projections reaching up to $13.59 if Wave V plays out. Source: XRPunkie via X
More aggressive targets include $7.55 (2.618) and $9.45 (3.0), with the 3.618 extension around $13.59 seen as a ceiling for an extended bullish move. This level could represent the culmination of Wave V if XRP crypto price prediction models play out as forecasted.
Notably, XRPunkie emphasized the importance of maintaining the current market structure. “If the bullish momentum persists, we could see XRP approach or even breach these upper zones,” he noted.
XRP Price Today Climbs on Strong Volume and Institutional Demand
On July 28, XRP rose over 2.5%, closing near $3.30 after recovering from early-session lows. According to CoinDesk data, this rebound was driven by a notable surge in trading volumes and late-session buying pressure, signaling renewed interest among institutional players.
XRP was trading at around $3.307, up 2.67% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
The trading session showed a well-defined ascending channel, with consistently higher lows forming between $3.16 and $3.22. Despite facing resistance near $3.23, XRP’s ability to break the level and hold above $3.30 indicates that bullish strength remains intact.
Volume spikes—81.78M at 4 PM and 69.06M at 5 PM—exceeded the 24-hour average by a wide margin, offering additional confirmation of accumulation.
Technical Traders Eye Break Above $3.31
For short-term confirmation, analysts say XRP needs to decisively break and hold above the $3.31 resistance level. If this occurs, the next target range could quickly shift toward $3.50–$3.66, as bullish continuation unfolds.
XRP must break $3.31 to target the $3.50–$3.66 range. Source: globuscapitas on TradingView
Current market sentiment remains cautiously optimistic, bolstered by XRP’s ongoing use case in cross-border payments and DeFi integration. Despite lingering concerns from macro factors such as ETF volatility, XRP news today suggests the token is positioning for further upside.
The asset’s resilience also aligns with broader speculation around the Ripple vs SEC lawsuit, which continues to influence investor behavior. While the latest XRP court case update today hasn’t offered major surprises, the legal overhang remains a factor in long-term predictions.
Long-Term XRP Price Prediction: Will XRP Go Up to $15?
With XRP printing bullish formations and maintaining strength above key support levels, the technical backdrop supports the case for further gains. As of now, XRP price prediction 2025 models such as XRPunkie’s remain optimistic, with Fibonacci-driven targets between $10 and $15.
XRP has formed a new high and may pull back to the 50% retracement before targeting the 261.8% Fibonacci level near the $10–$15 range. Source: TheCryptoGoon on TradingView
Although a precise timeline remains undefined, XRPunkie’s chart illustrates a roadmap based on structural probabilities rather than fixed dates. The focus lies in how XRP prices react around major extension zones and whether institutional interest continues to build during pullbacks.
If this Wave 3 plays out as projected, XRP’s long-term outlook may extend beyond previous cycle highs—validating bullish forecasts and potentially igniting broader momentum across the Ripple XRP ecosystem.
Source: https://bravenewcoin.com/insights/xrp-price-prediction-analyst-forecasts-10-15-for-xrp-as-price-prints-higher-lows