Anticipated Value of XRP on August 10th
In the world of cryptocurrency, XRP has been showing some intriguing movements lately. According to the latest report by U.Today, a bullish outlook for XRP in the upcoming week is on the horizon.
As of now, the price of XRP is trading at $3.1947, having experienced a 4% decline over the last day. Despite this minor setback, neither side is dominating in the XRP market, and no dominant trend has been identified for XRP in the midterm view.
On the hourly chart, the rate of XRP has made a false breakout of the local support of $3.1618. However, if the daily bar closes far from the $3.1618 mark on the hourly chart, one can expect a bounce off to the $3.25 zone for XRP. No reversal signals have been observed yet, indicating that the bullish momentum could potentially continue.
The predicted trading range for XRP within the next week is $3-$3.20. The volume of XRP trade has dropped, suggesting potential sideways trading in the range of $3-$3.20 in the next week. This could set the stage for a more significant move if the bullish momentum continues.
Looking beyond the immediate future, technical patterns such as bullish pennants and MACD crossovers support breakout potential with targets as high as $3.80 in the short term. More long-term optimistic experts even foresee even higher upside, hypothesizing XRP could reach between $6 and $8 by August 2025 if the uptrend sustains, representing a significant price increase over current levels near $3.
However, it's important to note that these longer-term predictions are contingent on sustained momentum and volume. For the upcoming week specifically, U.Today’s latest detailed technical analysis centres on an expected rise around $3.40–$3.50, with immediate support near $3.10–$3.25 and potential continuation towards the $3.66 resistance if bullish pressure holds.
This outlook is grounded in technical chart patterns and recent trading data as presented by U.Today on August 13-15, 2025. The overall market sentiment is moderately optimistic, with some risks of short-term corrections to the $3.15–$3.25 zone if daily support levels fail.
In the ongoing scenario, it appears to be more likely a correction rather than a sustained downtrend. As always, it's crucial to keep a close eye on market movements and make informed decisions based on the latest data and analysis.
Despite the current financial focus, crypto traders might find interest in Ethereum's price prediction. Recent technical patterns suggest a bullish outlook for Ethereum, with U.Today's report predicting an increase towards $3.40–$3.50 in the upcoming week. If this positive momentum holds, experts expect Ethereum to continue its uptrend, potentially reaching between $6 and $8 by August 2025. However, as with any investing venture, it's essential to stay abreast of market fluctuations and be prepared for short-term corrections.
