XRP is making headlines today as it surges past the critical $3.03 threshold, fueling optimism for a major Cycle 3 breakout. Could this be the start of a historic rally toward $32? Let’s dive into the latest XRP news and analyze what’s driving this bullish momentum.
XRP Price Breaks Key Resistance at $3.03
As of July 31, 2025, XRP is trading at $3.17, marking a 1.0% gain in the last 24 hours. This breakthrough above $3.03 is a pivotal moment, as analysts consider it a psychological and technical barrier—dubbed the “Chasm.” Holding this level through the monthly close could confirm a long-term bullish trend.
Cycle 3 Breakout: What History Tells Us
XRP’s price action aligns with historical cycles:
- Cycle 1 (2017): 32,000% surge
- Cycle 2 (2021): 420% gain before resistance
- Cycle 3 (2025): Now testing $3.17 resistance
If the pattern holds, XRP could target $8.93 by September 2025, with aggressive projections reaching $32.48.
XRP Bullish Trend: Key Levels to Watch
Technical analysis highlights crucial support and resistance zones:
| Resistance | Support |
|---|---|
| $3.17 (24-hour high) | $3.04 (immediate support) |
| $3.50 (next target) | $2.90 (secondary support) |
Will XRP Sustain Its Momentum?
Maintaining a close above $3.03 is critical for confirming the bullish trend. Analysts warn that failure to hold this level could lead to a retest of lower supports at $2.90 or $2.65. However, the current trajectory suggests strong upward potential.
Conclusion: A Defining Moment for XRP
XRP’s surge past $3.03 marks a potential turning point. If Cycle 3 follows historical patterns, investors could witness unprecedented gains. Stay tuned for updates as XRP charts its course toward new highs.
Frequently Asked Questions (FAQs)
1. Why is $3.03 important for XRP?
$3.03 is a key psychological and technical resistance level, aligning with previous cycle highs. A monthly close above it signals strong bullish momentum.
2. What is Cycle 3 in XRP’s price history?
Cycle 3 refers to the current upward trend, following Cycle 1 (2017) and Cycle 2 (2021). Analysts predict it could mirror past surges.
3. What are the price targets for XRP in 2025?
Conservative targets suggest $8.93 by September, while aggressive projections reach $32.48 based on historical expansions.
4. What happens if XRP fails to hold $3.03?
A drop below $3.03 could lead to a retest of support at $2.90 or $2.65, potentially delaying the bullish breakout.
