Speculation surrounding Ripple’s XRP is intensifying as the digital asset approaches a critical resistance zone, with traders pondering whether it can regain the $3.70 level not seen since the bullish run of 2018. A notable forecast from a prominent crypto analyst has further fueled this conversation, prompting a closer examination of technical indicators and overall market sentiment.
The debate on XRP’s price trajectory gained traction after analyst @ali_charts shared a chart on social media, predicting a possible ascent to $3.70 based on the formation of a descending triangle. This particular pattern is often interpreted as a bearish signal within technical analysis, yet the analyst maintains an optimistic outlook, suggesting that XRP could attempt to retest that $3.70 mark in the near future. Despite this bold prediction made on August 25, 2025, skepticism has emerged from within the XRP community, as many observers believe that descending triangles typically precede downward movements unless a breakout occurs.
Currently, XRP is trading at approximately $3, with a 24-hour trading volume reported at $4.35 billion, according to CoinMarketCap. This marks a 1.48% increase over the last day, indicating stability following recent fluctuations. Other platforms, such as CoinGecko, also reflect a price around $3.00, with a notable rise of 6.40% recorded for the past week. However, as of press time, XRP was noted to be trading at about $2.997, which represents a slight decline of 0.53% within the last 24 hours. With a circulating supply of around 178.65 billion, XRP continues to hold a significant position among the top cryptocurrencies globally, despite ongoing doubts regarding its technical formations.
Market reactions remain mixed among experts. Some analysts, including @TheSharkChart, have advised caution regarding overly optimistic interpretations, warning that descending triangles typically indicate bearish trends unless accompanied by clear breakouts. Concurrently, alternative cryptocurrencies, such as $AXOL, are attempting to gain momentum from the discussions surrounding XRP while skeptics like @NeonDoge388 express fatigue over repeated bullish forecasts that failed to materialize since XRP’s peak at $3.84 in January 2018. This skepticism is symptomatic of broader concerns regarding macroeconomic challenges, evolving regulations, and uncertainty in XRP’s technical patterns.
From a technical standpoint, XRP is traversing near the $2.98–$3.00 resistance zone, bolstered by underlying support within the $2.89 to $2.92 range. The Relative Strength Index (RSI) is currently at 51.59, indicating neutral momentum but allowing for potential upward movement should positive catalysts materialize. One such catalyst is the growing speculation around the approval of U.S. and European XRP spot ETFs. Interest has surged regarding a possible Grayscale XRP ETF, igniting optimism among investors in anticipation of upcoming regulatory announcements in October that could significantly impact pricing dynamics.
Adding to this momentum is Ripple’s expanding institutional presence, particularly its recent collaboration with the Spanish banking giant BBVA to enhance digital asset custody solutions. These initiatives are designed to align with Europe’s MiCA regulatory framework, positioning Ripple and XRP as a compliant and scalable option for traditional financial institutions.
Nevertheless, caution remains essential. On-chain data from CryptoQuant has revealed that approximately 670 million XRP have been transferred to exchanges like Binance since early September, which might indicate future profit-taking or selling pressure that could constrain upward movement. While XRPUSDT is currently displaying early bullish momentum, having broken out from a falling wedge pattern, there exists potential for gains toward $3.25 and $3.37 if it can maintain above the $2.90 mark.
The XRP Ledger’s Total Value Locked (TVL) has dropped to $98 million, alongside a decrease in decentralized exchange (DEX) activity, suggesting a decline in DeFi engagement on the network. Should this trend persist without being counterbalanced by institutional adoption, bullish expectations could weaken significantly.
The XRP price prediction for 2025 remains speculative at this point. While predictions from analysts like @ali_charts envision a rally towards $3.70, there is a lack of support from widely accepted models or consensus within the broader analytical community. The absence of confirmation beyond the upper boundary of the descending triangle leaves the bullish narrative untested.
As XRP fluctuates around the $3.00 level, market participants remain vigilant. A breakout above this resistance could validate bullish projections and propel XRP towards $3.70. Conversely, failure to break the apex of the triangle might trigger a decrease in price, dipping towards support levels around $2.80. In the interim, traders and investors are advised to closely monitor price movements, on-chain activity, and forthcoming regulatory decisions—factors that hold the potential to reshape the market narrative for Ripple’s XRP in the approaching weeks.
