XRP course follows old pattern and can rise to new records

The XRP rate again shows clear similarities with the price trend at the beginning of 2025. Then a similar pattern led to a rally of 70 percent. Now the crypto coin seems to be ready again for a strong upward movement. But how realistic is an increase towards the 4 dollars?

Falling Wedge at XRP visible again

In December and January, XRP moved within a so-called Falling Wedge pattern, a technical formation that often precedes a price increase. At the time, XRP broke out of the pattern while it lasted above the 50-day advancing average (EMA). Shortly thereafter, a sharp increase of more than 70 percent followed, from about 2 dollars up $ 3.39.

In August the pattern seems to be repeating again. The course consolidates again within a Falling Wedge, this time after an earlier increase. In addition, XRP continues to find support on the 50-day EMA and the 20-day average is reversed to support.

The Relative Strength Index (RSI) also points to a possible repetition. Just like in January, the RSI has fallen from bought levels to around 50, which was also the prelude to a strong revival. That means that the RSI, a momentum indicator indicating whether a crypto has been bought or sold over, now again shows a kind of ‘paus position’ that precedes a substantial price movement.

Course of price of $ 3.75

If XRP succeeds in breaking through the top of the pattern, there may be a price target of around 3.75 dollars within reach, an increase of more than 20 percent compared to the current level of 3.05 dollars. That would mean a new record, currently the all-time high is around $ 3.66.

Yet there are also risks. If the XRP rate is rejected on the resistance line, XRP can fall back to the 50-day average. A closure below that level opens the door to a fall towards 2.34 dollars, where the 200-day average is.

More than 1 million new XRP accounts

Fundamentally, XRP remains strong. In July the XRP Ledger processed more than 70 million transactions and the number of new accounts this year increased by more than 1 million, according to data from Dune Analytics.

According to analyst XFORCEGLOBAL, XRP could break this cycle through the 4 dollars. He points to growing interest of institutional investors and the prospect of an interest rate reduction by the US central bank as possible drivers.

Whether that outbreak actually comes, remains dependent on how the market will respond in the coming weeks. But the technical and fundamental picture seems to look positive.