XRP is drawing attention as analysts highlight a consolidation phase that could set the stage for Ripple’s price to rally toward the much-anticipated $7 level.
The current market structure suggests traders may need patience as XRP gathers momentum, but optimism remains strong with projections pointing to a significant breakout once consolidation ends.
XRP Price Consolidation in Focus
XRP price has entered a consolidation phase following recent volatility that dragged the token back below $3. After reaching an all-time high of $3.65 in July, the cryptocurrency slipped to the $2.8 range, raising questions about its short-term momentum.
EGRAG CRYPTO notes that XRP is consolidating within a falling channel, a pattern that typically signals an upcoming major price move. Source: @egragcrypto via X
Popular market analyst EGRAG CRYPTO believes this pause is not a sign of weakness but a natural stage in XRP’s broader price structure. According to his latest analysis, XRP continues to trade within an ascending channel, a pattern that has historically preceded major rallies. “All investors have to do is watch for a decisive breakout above the resistance zone,” the analyst noted, pointing to the $3–$3.5 band as a crucial barrier.
Analyst Targets: $7 on the Horizon
EGRAG’s long-term XRP price prediction remains ambitious. His chart highlights possible upside targets between $7 and $27, suggesting that the current consolidation could be laying the groundwork for a significant surge. A potential decision point has been marked for late September 2025, which he believes may determine whether XRP breaks upward or continues its sideways movement.
EGRAG CRYPTO’s analysis shows XRP moving within rising channels, with a breakout above resistance potentially triggering a price discovery phase toward the $7–$27 range. Source: @egragcrypto via X
At present, the price of XRP today hovers around $2.81, reflecting a decline of nearly 7.5% from recent highs. Despite the dip, the analyst maintains that holding above $3 will be key to regaining bullish momentum.
Institutional Interest and ETF Speculation
In parallel with technical forecasts, some industry voices are highlighting XRP’s growing potential in institutional finance. Canary Capital’s CEO recently suggested that an XRP exchange-traded fund (ETF) could attract as much as $5 billion in inflows during its first month. Such a development, according to analysts like @xrpgovernor, could “fundamentally reshape XRP’s position in the global financial ecosystem” by opening doors to pension funds, hedge funds, and other large investors.
Canary Capital’s CEO predicts an XRP ETF could reach $5B in its first month, potentially surpassing ETH in financial services dominance. Source: XRP Governor via X
If approved, an ETF could strengthen liquidity across exchanges and provide XRP with a new growth driver beyond retail speculation. This institutional dimension has fueled speculation about whether Ripple XRP could eventually challenge Ethereum in the realm of financial services, especially given XRP’s focus on cost-efficient, real-time payments.
Outlook: Will XRP Go Up?
The XRP crypto price prediction remains a subject of debate. Short-term, the token faces the task of reclaiming $3 and holding above its resistance band. Longer-term, analysts like EGRAG see room for growth, with $7 positioned as the next psychological milestone.
XRP was trading at around $2.81, down 0.94% in the last 24 hours at press time. Source: XRP price via Brave New Coin
Whether these projections materialize will depend on several factors, including broader crypto market conditions and the potential approval of institutional products such as an XRP ETF.
Source: https://bravenewcoin.com/insights/xrp-price-prediction-analyst-predicts-consolidation-before-ripple-price-hits-7