Factors potentially propelling XRP's value towards $10:
In the rapidly evolving world of cryptocurrencies, XRP finds itself at a crucial juncture. As of the latest update on 29/08/2025 at 08:39, the digital asset is being closely watched by investors and analysts alike.
Currently, XRP is displaying a confirmed bearish divergence on the weekly timeframe, suggesting a prolonged decline over weeks or even months. If it fails to hold above $2.85, it could open the door to further losses, with a more significant decline potentially bringing the price closer to the $2.55 to $2.62 range. However, it's important to note that the movements in XRP should be considered short-term relief, not a complete reversal of the trend.
The immediate barrier for XRP is near $3.10, while a more significant obstacle remains in the $3.34 to $3.40 zone. If XRP convincingly breaks above $3.10, bulls could target a revaluation of $3.40. This bullish scenario, though, is not without its challenges, as the bearish divergence has not yet been invalidated, indicating continued pressure from a wider cooling phase.
The retreat of Bitcoin's dominance allows altcoins like XRP to make temporary recoveries. In fact, the recent rebound of XRP may be linked to the bullish divergence of Bitcoin. This dynamic underscores the interconnectedness of the cryptocurrency market, where the fortunes of one coin can often be tied to the performance of others.
Looking ahead, there are three technical and macroeconomic factors that could serve as catalysts to propel Ripple far beyond its current levels. These factors include expanding institutional interest, new partnerships with banks and fintech, regulatory clarifications, and broader adoption in cross-border payments.
Analysts from various reputable sources, including DigitalCoinPrice, Bitcoin2Go, Cointelegraph, and CryptoNews, have predicted a substantial increase for Ripple (XRP) through 2025 to 2030. Price targets range from around $5 up to possibly $59 by 2050 according to some long-term forecasts.
For those interested in investing in XRP, Bitget's AI trading agent, GetAgent, can be used to analyze XRP market trends in real-time and set up automated strategies. To invest, users can sign up, deposit funds, find the XRP/USDT pair, and place a buy order.
Hugo Le folézou, a passionate crypto enthusiast, transforms news and technical analysis into digestible and impactful content, providing insights into the ever-changing world of cryptocurrencies.
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