The Key Takeaways
The XRP currency (XRP() shows signs of potential breakout by 35% as technicals are bullish and fresh fundamentals include Ripple’s CEO Brad Garlinghouses’ renewed push to the company’s blockchain. “internet of value” vision.
The XRP rate held an important support level
XRP’s chart indicates that it bounced back from its ascending triangle’s lower trendline. This support line has traditionally marked the beginning of strong rebound movements, such as 70-80% increases earlier in 2025.
By Saturday the token bounced more than 8%, after having tested the trendline. This was also in line with the 50 week exponential moving (50 week EMA), represented by the’red wave.
If history is any indication, XRP could rally towards the triangle’s top trendline, at $3.45. This would be a 35 percent increase over current levels by December.
Related: XRP price targets $3 as whale wallet count hits new all-time highs
A breakdown under the lower trendline of the triangle could push the price to the June lows, which are around $1.65. This is a 25% drop from the current level.
Ripple prime boosts XRP’s bullish case
Ripple’s institutional expansion strategy provides a fundamental boost to XRP’s bullish setting.
The Company announced The finalization of the acquisition of Hidden RoadRebranding to “Ripple Prime.” This makes Ripple the first cryptocurrency company that operates a multi-asset global prime broker while also onboarding institutional clients. Ripple announced:
“Ripple’s foundational digital asset infrastructure across payments, crypto custody and stablecoin, as well as the use of XRP, will complement the services offered within Ripple Prime.”
Brad Garlinghouse called The deal is another step towards building a new “internet of Value,” It is important to emphasize that “XRP sits at the center of everything Ripple does.”
Garlinghouse’s support for XRP is expected to lead analysts to expect XRP gains.
Credibull, a trader in Cryptocurrency. said Ripple’s massive XRP holds give the company every incentive to push the token’s success. Since the company is the one that stands to gain the most, a higher value will be the best for the business.
Ripple had also recently announced its intent to buy $1 billion in XRP tokens For a new Treasury on Nasdaq, under the “XRPN” ticker.
Trader Zeiierman Trading said Ripple’s Hidden Road is a major reason why XRP could reach $3. “is now positioned at the center of institutional adoption.”
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Source: cointelegraph.com
