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Will XRP’s Latest Consolidation Lead to a Major Breakout? Here’s What You Could Gain!
In recent trading sessions, XRP has been a focal point of discussion amid its price fluctuations below the critical $3 mark. Once a robust support throughout August, this level was decisively breached on August 28, sending XRP to hover around the $2.8 zone. This phase of price movement should not be interpreted as a sign of weakness; rather, it’s a consolidation phase that sets the stage for an anticipated upward trajectory. For more insights on cryptocurrency trends, visit our crypto news section.
After briefly touching the $3 threshold between August 26 and 28, XRP has seen its price capped, limiting immediate upward movement. However, this retest has broader implications, showing XRP’s reentry into a consolidation zone—a pattern it has been familiar with since early 2025. The peak in July at $3.65 was a breakout attempt from this zone, but subsequent price actions have seen XRP fall back into these familiar confines.
Prominent XRP analyst Egrag Crypto has suggested that the current price behavior is gearing up for a significant bounce. According to his analysis on a 2-week candlestick chart, XRP is now nudging the lower trendline of a critical consolidation zone, often referred to as the ‘white zone’. This zone encompasses several attempts by XRP to sustain closes above its 2018 peak of $3.40. Despite recent breaches above this level, a decisive close in a larger timeframe has remained elusive.
As long as XRP maintains its position above $2.8, it retains the potential for an upward breakout. Egrag Crypto’s chart points to ambitious price targets should XRP conclusively break above the white zone, with projections ranging from $7 to an impressive $27 in the long term. These targets are derived from upward-trending lines that trace back to 2016, highlighting the historical momentum that could propel future gains.
The immediate challenge for XRP lies in surpassing the upper boundary of the white consolidation zone and securing a close above $3.5 on the 2-week chart. The timing for this potential breakout remains uncertain, projected around late September 2025. At present, XRP trades at $2.83, marking a modest 0.5% increase over the past 24 hours.
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As the market watches closely, the consolidation of XRP may indeed be the prelude to a significant price surge. Investors and traders alike should monitor these developments closely, as the next few weeks could be crucial for XRP’s trajectory and potentially rewarding for those positioned advantageously.
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