XRP News Today: XRP Shatters $3.03 Barrier, Igniting Cycle 3 Bull Run
XRP is making headlines today as it surges past the critical $3.03 threshold, fueling optimism for a major Cycle 3 breakout. This milestone could mark a historic moment for XRP investors, with analysts predicting potential gains up to $32.48. Let’s dive into the details of this exciting development.
XRP Price Breaks Key Resistance at $3.03
As of July 31, 2025, XRP is trading at $3.17, a 1.0% increase in the last 24 hours. The $3.03 level, dubbed the “Chasm,” has long been a psychological and technical barrier. Breaking this resistance signals strong bullish momentum. Here’s why this matters:
- Cycle 1 (2017): 32,000% surge
- Cycle 2 (2021): 420% gain
- Cycle 3 (2025): Potential breakout underway
XRP Bullish Trend: What’s Next?
Analysts are eyeing $8.93 by September 2025, with more aggressive targets at $32.48. Key support levels to watch:
| Support Level | Significance |
|---|---|
| $3.04 | Immediate support |
| $2.90 | Secondary support |
| $2.65 | Strong historical base |
Cycle 3 Breakout: A Game-Changer for XRP?
If XRP maintains its close above $3.03, it could confirm a long-term bullish trend. This aligns with historical patterns where XRP saw exponential gains in previous cycles. The current momentum suggests:
- Potential for significant upward movement
- Increased investor confidence
- New all-time highs on the horizon
FAQs About XRP’s Price Surge
Q: Why is $3.03 important for XRP?
A: $3.03 is a key resistance level that, if held, could confirm a long-term bullish trend.
Q: What are the price targets for XRP in 2025?
A: Analysts project $8.93 by September, with potential highs of $32.48.
Q: How does Cycle 3 compare to previous cycles?
A: Cycle 1 saw a 32,000% surge, while Cycle 2 gained 420%. Cycle 3 could follow a similar trajectory.
Q: What are the risks of investing in XRP now?
A: Market volatility and failure to hold $3.03 could lead to pullbacks. Always do your research.
