XRP Technical Patterns Suggest Possible Rally Toward $3.75–$4 Amid Growing XRPL Adoption

Main Idea
XRP is showing bullish technical patterns similar to early 2025, suggesting a potential 20% breakout toward the $3.75–$4.00 range, supported by strong XRPL growth and stablecoin activity.
Key Points
1. XRP is forming a falling wedge pattern, a bullish setup that previously led to a 70% rally earlier in 2025.
2. The relative strength index (RSI) has stabilized near 50, mirroring conditions before the January breakout, with a potential 20% price increase if the wedge is broken.
3. XRPL processed over 70 million transactions in July 2025 and surpassed 1 million new accounts this year, driven by stablecoin activity.
4. Stablecoin issuance on XRPL, such as Braza Bank's BBRL and Ripple's RLUSD, has significantly increased, enhancing network utility.
5. Key resistance levels include the falling wedge's upper trendline and the 50-day EMA, while macroeconomic factors like a potential Fed rate cut could support further upside.
Description
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