XRP could be setting up for a breakout toward $5 in August, according to a four-hour chart shared by market analyst CryptoGoos. The structure shows the token emerging from a prolonged downtrend and consolidating above major technical support levels that could sustain a sharp upward move.
The analysis identifies a “max buy volume” zone formed in late June, marking a potential accumulation area. This phase coincided with a breakout above the 0.618 Fibonacci retracement level, a threshold often viewed by traders as a foundation for trend reversals.
By mid-July, XRP advanced to a local peak in what the analyst described as a “liquidity grab,” where the price briefly pierced resistance to trigger stop orders and attract fresh long positions before reversing. The subsequent pullback stabilized near the 0.382 Fibonacci level, reinforcing it as a short-term demand zone.
The projection outlines a potential two-stage move: an initial rally toward the previous liquidity grab zone (point A), a controlled retracement (point B), and then a continuation toward the $5 mark. The bullish outlook remains intact while price action stays above the $3 support area. A sustained breakdown below this zone could invalidate the move and shift momentum back to sellers.
Weekly Structure Points to $5 Objective
A separate analysis from TheFlashTrading also projects XRP’s path toward $5, this time using a weekly timeframe on Binance’s XRP/USDT pair. The chart shows the token breaking out of a prolonged descending channel after retesting a multi-year support zone between $1.50 and $2.00.
This horizontal support area has acted as a significant accumulation zone, absorbing sell pressure during multiple market cycles since 2021. The recent breakout above the descending trendline marks the first sustained bullish reversal on the weekly chart in years, signaling a structural shift in momentum.
Following the breakout, XRP has held above the former trendline resistance, now turned support, indicating that buyers are defending higher levels. The projection aligns with a measured move toward $5.0062, derived from the height of the previous trading range and confirmed by the breakout pattern’s technical target.
The bullish case strengthens if the price consolidates above the $3.00–$3.20 range before attempting a breakout. This consolidation would allow for volume buildup and reduce the risk of a premature reversal. If buying pressure persists, the technical structure offers a clear path to the $5 milestone.
Clustered Technical Signals Suggest $5+ XRP Breakout
Moreover, a series of analyses from Steph_iscrypto and More Crypto Online point to converging bullish setups that could push XRP beyond $5.40 in the coming weeks.
Steph_iscrypto’s chart, derived from Coinglass liquidation heatmaps, shows heavy short positions stacked above the current trading zone. The dense concentration of liquidity pockets between $3.50 and $5.40 creates conditions for a potential short squeeze if price accelerates upward, forcing leveraged short traders to cover positions.
In another chart, Steph_iscrypto uses weekly price action on Bitstamp with Stochastic RSI to highlight repeated breakout phases. The pattern suggests that the current move mirrors earlier bullish expansions, with upside momentum building toward the $5 zone. The alignment of rising weekly candles and oscillator positioning supports the case for another leg higher.
More Crypto Online’s Elliott Wave projection adds a longer-term structure to the scenario. His weekly XRP/USD chart shows the token breaking out of a multi-year consolidation pattern, with the $3.40 level marked as a key breakout threshold. The next significant decision zone lies in the $5–$5.70 range, consistent with the heatmap and momentum-based projections.
Taken together, these signals show that price action, liquidity positioning, and macro wave structure are aligned toward the same target zone, raising the probability of XRP testing and potentially exceeding $5 in the near term.
Regulatory Win and Policy Shift Position XRP for Institutional Surge
Meanwhile, regulatory clarity has become a powerful catalyst for XRP. The U.S. Securities and Exchange Commission recently closed itslawsuit against Ripple, compelling the company to pay a $125 million fine while dropping further appeals. This marks a turning point in a drawn-out legal battle that has long weighed on XRP’s outlook. Institutional investors and traders are interpreting the resolution as a signal that regulatory obstacles may finally be clearing for the token.
Simultaneously, a major shift in U.S. policy is adding momentum. President Trump’s executive order now permits cryptocurrencies—including XRP—to be included in 401(k) retirement plans. That change unlocks access to an estimated $8.9 trillion in assets, and has already helped lift market sentiment, drawing renewed institutional interest in digital assets.
Together, those developments form a strong fundamental narrative: with legal uncertainty fading and retirement-plan investment now on the table, XRP stands to benefit from renewed institutional demand and increasing mainstream legitimacy.
