Ah, XRP, that dashing sort of cryptocurrency, third in line and looking as though it’s about to pull a stomp on its rivals. Currently sashaying around the $3.13 mark, just shy of the big numbers, the little blighter’s got its eye on the prize. Ali Chart, the oracle of all things crypto, predicts it might hobble up to about $12.60-assuming it’s not too busy playing hide and seek in the attic of past performance.
Let’s not be shy-time to wade in!
XRP Eyes a Splendid $12.60-Pipe Dream or Fancy?
According to the wise and ever-astute Ali Chart, XRP is currently lounging in a zone that’s previously been a bedrock of support-like a loyal butler standing by when needed. He recently unfurled a chart that shows traders are all a-twinkle with anticipation at this level, like a bunch of schoolboys eyeing the pudding at the end of the dinner.
In November 2024, XRP did a bit of a sash-and-bow, breaking out of a multi-year triangle pattern. Now, that’s not just a fancy phrase for a spot of doodling, but a signal of a grand upheaval in the market-like a trotter on its hind legs, ready to gallop. These long-term pattern breakouts, my dear reader, often herald a rally fit for the Savoy.
Multi-year triangle breakout in Nov 2024 put $XRP bullish target at $12.60.
– Ali (@ali_charts) August 12, 2025
So, this rally? It’s shaping up to be quite the shindig! Ali’s bullish prophecies sit at a handsome $12.60-nearly four times what the current doddle is worth. Perhaps XRP will take a leaf out of Big Ben’s clock and chime its way up there soon enough.
Ripple’s Spot of Bother? No, Just a Win
As of August 8th, 2025, the SEC finally threw in the towel, abandoning its long-winded courtship with Ripple Labs. A signature win, dare I say, that might just make you blink twice. But don’t don your party hat just yet-Ripple still owes a crusty $125 million in court fines, which, frankly, is a mere trifle for a company of its size.
Earlier in the year, a judge declared XRP isn’t a security, scratch that off the list of legal worries. But, blimey, despite this legal victory parade, XRP’s price didn’t do a jig on the rooftops. Bit of a damp squib, that.
Holding Fast and Looking Ahead-A Breakout on the Horizon?
Now, if you spy the chart, XRP’s been tiptoeing in a narrow corridor-between $3.15 and $3.33. A clean, crisp break above $3.30, especially with volume that would make a blackjack dealer blush, could propel it to the lofty heights of $3.50 or even $3.70-just enough to make Uncle Rupert’s eyes pop.
And despite the ‘sideways’ shuffle, the old girl’s market position stays sturdy, like Aunt Agatha’s corset. Whale Alert has spotted a hefty 16.69 million XRP-nosedive of about $53 million-shuffling from an unknown wallet onto Coinbase, as if passing the gin to the next guest.
The RSI sits pretty at 53, indicating a bullish patter but keeping its nose out of the overbought zone-wise as a weasel, that one.
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2025-08-12 12:38