XRP Eyes 20% Jump: Key ‘Make-or-Break’ Signal Emerges

- XRP exhibits bullish patterns that suggest a major price rally. - Analysts highlight $2.80–$2.95 as a critical support zone to sustain growth. XRP charts are lighting up with bullish signals, and analysts predict a potential 20% rally by late August. Market watchers have identified the $2.80–$2.95 support zone as a pivotal "make-or-break" level and are now assessing whether XRP can maintain its upward momentum or if it will stall. On August 1, 2025, Cointelegraph reported that XRP shows multiple bullish indicators. One chief indicator is a bullish divergence on the four-hour chart, where the price forms lower lows while the relative strength index (RSI) creates higher lows, hinting at waning bearish pressure. Another notable signal is the Dragonfly Doji candlestick on the daily chart, which shows buyers stepping in to counter seller momentum. Previously, a similar pattern in April preceded a remarkable 65% price spike for XRP. Further analysis highlights a falling wedge pattern on XRP's four-hour chart, a well-known bullish reversal formation. If the price breaks through the wedge's upper trendline, it could trigger a surge of up to 20%, potentially pushing the cryptocurrency to the $3.60–$3.65 range. In addition, analysts state that maintaining prices above the $3.00 support level is critical for XRP to advance, and depending on market conditions, potential additional gains could extend toward $3.65 or even $3.82. According to CoinMarketCap, XRP was trading at $2.995 as of August 1 at 18:08 UTC, while its 24-hour trading volume had decreased by 2.758%.