XRP shows strong technical indicators for potential gains targeting $3.17 by mid-August, driven by heightened market activity and algorithmic forecasts. The digital asset has rallied from $2.20 to near $3 since early July, with the psychological $3 resistance posing the immediate challenge for bulls.
AI-driven price models project XRP could reach approximately $3.17 in the coming weeks, forecasting interim trading between $2.80 and $3.20. This optimism follows an 84% surge in 24-hour trading volume, escalating to $12.49 billion and signaling robust investor accumulation.
Crucial support levels at $2.70 and the $2.50-$2.55 zone provide downside protection, though maintaining upward trajectory requires sustained price action above $3. Market analysts emphasize a decisive breach beyond this threshold as imperative for confirming continued bullish momentum throughout August.