{"id":49370,"date":"2025-08-29T10:41:53","date_gmt":"2025-08-29T10:41:53","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=49370"},"modified":"2025-08-29T10:49:15","modified_gmt":"2025-08-29T10:49:15","slug":"xrp-price-heading-towards-6-after-confirming-key-support","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/en\/xrp-price-heading-towards-6-after-confirming-key-support\/","title":{"rendered":"XRP price heading towards $6 after confirming key support"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Technical indicators suggest that the XRP cryptocurrency could experience significant growth after confirming a key support zone near $3. According to an analysis published on August 22 on TradingView, the price could reach as high as $6.28.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">XRP confirms support: Analyst expects growth to $6.28<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">According to an expert going by the pseudonym Master Ananda, <a href=\"https:\/\/crypto-globe.com\/en\/solana-has-a-chance-to-double-in-price-new-outlook-for-bitcoin-xrp-and-sei\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>XRP<\/strong><\/a> reached its main low at the end of July and subsequently formed a higher bottom, indicating renewed strength. The analyst described the rebound from the 13-day exponential moving average and the rapid recovery of losses within a few hours as a bullish signal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The recent decline below $3 lasted five weeks and corresponded to the typical length of a correction. Thanks to confirmed support, Ananda expects XRP to resume its growth trend. <strong>The first target price is $4.44, with the short- to medium-term target heading towards $6.28.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Fundamentals and ETFs increase XRP&#8217;s chances of growth<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In addition to technical analysis, fundamental factors also support XRP. The key event is the end of the dispute between the SEC and <a href=\"https:\/\/ripple.com\/\"><strong>Ripple<\/strong><\/a>, after which attention will focus on the approval of the spot XRP <a href=\"https:\/\/trader-magazine.com\/news\/us-bitcoin-spot-etfs-have-had-a-successful-year-helping-bitcoin-to-grow\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>ETF<\/strong><\/a>. Large companies, including Franklin Templeton, Grayscale, and WisdomTree, have already applied for registration. According to Bloomberg Intelligence estimates, the probability of approval is 95%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the time of writing, XRP was trading at $2.98. For the <a href=\"https:\/\/crypto-globe.com\/en\/bitcoin-cryptocurrency-exceeded-124000-for-the-first-time-then-lost-its-gains\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>cryptocurrency<\/strong><\/a> to confirm room for growth, it must maintain a level of around $3. Further momentum could come if the positive mood on the crypto market persists, which would strengthen the chances of reaching new highs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technical indicators suggest that the XRP cryptocurrency could experience significant growth after confirming a key support zone near $3. According to an analysis published on August 22 on TradingView, the price could reach as high as $6.28. XRP confirms support: Analyst expects growth to $6.28 According to an expert going by the pseudonym Master Ananda, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":49362,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[162],"tags":[110,93],"class_list":["post-49370","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","tag-crypto","tag-cryptocurrencies"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"Technical indicators suggest that the XRP cryptocurrency could experience significant growth after confirming a key support zone near $3. 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