XRP had a slower week, slipping about 6%, but the price is still holding above the key $3.00 level. That drop may look discouraging at first, but analysts say the bigger picture is still bullish. Both short-term and long-term charts point to the rally continuing once this consolidation phase is over.
XRP Consolidates in a Triangle
Popular trader Ali shared a chart showing XRP moving inside a triangle pattern on the 4-hour timeframe. These setups often mean the market is pausing before a larger move. Ali pointed out that the breakout level sits at $3.26. If the price can push above that point, the next target could be $3.90.
$XRP consolidates in a triangle! A break above $3.26 could send it to $3.90. pic.twitter.com/9MmLhcofSF
— Ali (@ali_charts) August 15, 2025
He also highlighted how XRP has been forming higher lows inside the triangle, a sign that buyers are quietly stepping in. The risk, though, is that if the price slips under $3.06, the consolidation could drag on longer before any breakout happens.
Read also: Ripple CEO Discussed XRP ETF Potential Months Before the Hype
Weekly Chart Suggests Bigger Upside
On the higher timeframe, analyst Rose sees an even stronger case for XRP. She showed how the token broke out of a long-term descending wedge – a classic bullish reversal signal. After the breakout, XRP made a sharp move higher, and now it’s pulling back.
📊 $XRP/USDT Weekly Chart Overview #XRP broke out of a long-term descending wedge, a classic bullish reversal pattern.
— Rose Premium Signals 🌹 (@VipRoseTr) August 16, 2025
After a strong impulse move, price is now retracing toward key Fibonacci levels, offering a potential re-entry opportunity.
The 0.5–0.618 zone is marked as… pic.twitter.com/unvMWkShSB
Rose expects the retracement to continue toward the 0.5–0.618 Fibonacci zone, which sits around $2.80 to $2.60. She calls this the “LONG accumulation area,” meaning it could be the best spot for buyers looking for an entry. Her upside target is $4.67, almost a 50% jump from where XRP trades today.
Right now, traders are focused on two important areas: the $3.00 support and the $3.26 resistance. Staying above $3.00 keeps the structure intact, while breaking past $3.26 could confirm the next bullish wave.
Both Ali and Rose agree on the direction: XRP is not done yet. Whether it breaks out soon or first dips into the accumulation zone, the charts indicates that the next big move is likely higher.
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