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Analyst Forecasts XRP Could Hit $6–$8 by This Date

2025-07-29 00:07:41

Analyst Forecasts XRP Could Hit $6–$8 by This Date

Main Idea

Analysts predict XRP could reach $6–$8 by August 2025, citing recent bullish trends and key price levels.

Key Points

1. XRP surged over 65% from July 6 to July 18, reaching a local high of $3.66, its highest value this year.

2. Mr. Xoom, Head of Marketing at XPMarket, forecasts XRP could rise to $6–$8 by August 2025, requiring a 100%–166% increase from current levels.

3. Other analysts, like EGRAG Crypto and Casi, have also projected XRP reaching $6–$8, with $3.8 as a potential catalyst for further gains.

4. XRP's price has recently retraced to around $3.02 but remains above the key $3 support level, which analysts view as critical for future upward movement.

5. Breaking past $4 could set the stage for XRP to target $6 and beyond, according to market commentators.

Description

Following a strong upward movement in July, a notable market analyst has presented a bullish outlook for XRP, forecasting that the cryptocurrency could reach between $6 and $8 by August 2025. This projection comes as XRP continues to demonstrate resilience and renewed investor confidence amid broader market gains. XRP entered July with a minor decline of 2.96% on the first day of the month. However, from July 6 through July 18, the token surged significantly, gaining over 65%. This rally enabled...

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