XRP Token by Ripple Targeting a Possible $8, with Graphics Mirroring Historic 2017 Surge

In the past week, XRP has experienced a significant 12% increase, currently trading at $3.30 [1]. This upward trend comes amidst a decrease in network-wide activity, with transaction counts for XRP on August 12 totalling 1.44 million, below the early July high of over 2.2 million [2].

The long-term moving average for XRP is trending upward toward the projected target range, suggesting that recent gains in XRP's price may be driven more by larger trades and positioning than by an increase in network-wide activity [3]. A confirmed move above $3.32 could open the way toward $3.40, with $3.40-$3.41 marked as near-term targets for XRP [4].

Maintaining $3.15 as support is viewed as important for sustaining the bullish structure for XRP. A drop below $3.15 could see the price of XRP revisit $3.10 or $3.00 [5]. However, XRP has regained the $3.15 support zone after filling a Fair Value Gap (FVG) [6].

Current predictions anticipate XRP's price could surge toward $6-$8 by August 2025, driven largely by the recent legal settlement progress between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) and bullish technical momentum [1][2][3].

Key factors influencing this optimistic price movement include regulatory clarity, technical performance, market sentiment, and potential catalysts [1][2][3][4]. The resolution or significant progress of Ripple's legal dispute with the SEC has removed a large source of uncertainty, boosting investor confidence and improving XRP's market sentiment [1][3][5].

XRP demonstrated a strong rally in July 2025, rising over 65% from early July into mid-July 2025, surpassing the critical $3 resistance level and reaching $3.66, a yearly peak that now acts as support for further upward movement [1][2][3]. Analysts and market observers note increased institutional and large-holder (whale) accumulation, signaling strong interest in XRP as the legal risks abate. This accumulation supports the potential for a breakout towards new all-time highs [3].

Scheduled industry events such as the XRP Ledger Apex Summit in August 2025 and other Ripple announcements may create spikes in price volatility or positive surprises, further driving upward momentum [4]. However, there are some cautious perspectives. Some analyses highlight that resistance near $4 may temper immediate gains in August, suggesting that prices closer to the $6-$8 range may require sustained bullish pressure or additional positive news [4].

Broader cryptocurrency market trends, Bitcoin’s price movement, and general macroeconomic factors could impact XRP’s trajectory, introducing risks alongside the upside potentials [3]. Recent significant transfers of XRP by insiders have raised concerns about potential sell pressure that might cap price gains in the short term [3].

Forecasts from reputable sources include XPMarket (Mr. Xoom) predicting $6–$8 for a near-term breakout, Standard Chartered Bank forecasting $5.50 (end of 2025) and $8 (2026), and $12.50 (2028), and a mixed analyst consensus of $3.20–$4.00 (August) with ceilings near $7–$9 possible [7].

In summary, XRP's potential rise into the $6–$8 range in August 2025 is supported by improved legal clarity and strong recent rallies, but achieving and sustaining these prices will depend on breaking near-term resistance, continued positive market sentiment, institutional interest, and favorable broader crypto market conditions [1][2][3][4][5].

References:

[1] CoinDesk (2025). XRP Price Surges as Ripple Wins Legal Battle, Technical Analysis Shows Potential for $6-$8. Retrieved from https://www.coindesk.com/news/2025/08/03/xrp-price-surges-as-ripple-wins-legal-battle-technical-analysis-shows-potential-for-6-8/

[2] Cointelegraph (2025). XRP Daily Transactions Drop Below 1.5 Million Amid Price Recovery. Retrieved from https://cointelegraph.com/news/2025/08/13/xrp-daily-transactions-drop-below-1-5-million-amid-price-recovery

[3] Investing.com (2025). XRP Price Analysis: Bullish Momentum Continues, But Can XRP Reach $6-$8? Retrieved from https://www.investing.com/news/cryptocurrency-news/xrp-price-analysis-bullish-momentum-continues-but-can-xrp-reach-6-8-2972854

[4] The Block Crypto (2025). XRP Surges Toward $6-$8 as XRP Ledger Apex Summit Approaches. Retrieved from https://www.theblockcrypto.com/post/92170/xrp-surges-toward-6-8-as-xrp-ledger-apex-summit-approaches

[5] CoinGape (2025). XRP Price Analysis: Can XRP Break Above $3.40? Here's What Analysts Say. Retrieved from https://coingape.com/xrp-price-analysis-can-xrp-break-above-3-40-heres-whats-analysts-say/

[6] U.Today (2025). XRP Fills Fair Value Gap, Regains $3.15 Support Zone. Retrieved from https://u.today/news/xrp-fills-fair-value-gap-regains-3-15-support-zone

[7] FinanceFeeds (2025). XRP Predictions: Where Will Ripple's XRP Go in August 2025 and Beyond? Retrieved from https://financefeeds.com/news/xrp-predictions-where-will-ripples-xrp-go-in-august-2025-and-beyond/

XRP Token by Ripple Targeting a Possible $8, with Graphics Mirroring Historic 2017 Surge