XRP is showing signs of a slow but steady recovery, reigniting optimism across the crypto market. Prominent crypto analyst Crypto Bitlord recently took to X to express confidence in XRP’s upward trajectory, stating: “XRP is slowly recovering, thank God. If we can raise a little higher this week, no reason $7 won’t be seen quickly. And after $7 comes $21…”
Price Action and Technical Overview
As of report time, XRP is trading around $2.99, recovering from a brief dip below $2.90 earlier in the week. The token recently pulled back from a local high of $3.64, and technical analysts are closely watching for a decisive move above $3.35 to $3.60, a critical resistance zone that could open the door to a much larger rally.
A bullish cup-and-handle formation has emerged on the daily chart, reinforcing the potential for an upward breakout. According to recent data, over 93% of XRP holders remain in profit at current levels—a sentiment that supports ongoing accumulation despite periods of short-term volatility.
$XRP is slowly recovering thank god. If we can raise a little higher this week, no reason $7 won’t be seen quickly. And after $7 comes $21…
— Crypto Bitlord (@crypto_bitlord7) August 3, 2025
Analyst Projections and $7 Timeline
Bitlord’s bold projection of a rally to $7—and eventually $21—isn’t without support. Several market analysts have echoed similar views, citing a strong technical foundation and improving market sentiment. Analysts have projected XRP could reach $5–$7 by year-end if current trends hold, with the next major resistance expected between $3.80 and $4.20.
Recent forecasts also suggest that a monthly close above $3.03 would confirm bullish continuation and potentially accelerate the move toward $7. Some experts have identified late August to early September as a likely window for a breakout, should XRP breach the key resistance with strong volume.
Fundamental Drivers and Market Sentiment
XRP’s long-term prospects continue to benefit from Ripple’s growing enterprise adoption, the launch of its U.S. dollar stablecoin RLUSD, and positive regulatory momentum following its partial court victory in 2023. The decision that XRP is not a security for retail trading remains a major win for the project and broader altcoin market.
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Additionally, whale activity has remained elevated, indicating strategic accumulation during price consolidations. However, analysts have also flagged a drop in leveraged open interest—down by more than $2.4 billion since mid-July—which could limit short-term upside unless fresh capital enters the market.
Outlook: $7 in Sight?
Crypto Bitlord’s projection hinges on XRP holding above the current support and reclaiming the $3.60 resistance zone. If achieved, a swift push toward $7 could follow, with $21 possible in extended bullish conditions. Bitlord insists the era of sub-$2 XRP is behind us, and his confidence is shared by a growing number of analysts.
In conclusion, while risks remain, XRP’s structure is increasingly aligned with a bullish breakout. If momentum continues into the coming weeks, the road to $7 could be shorter than many expect—especially with September fast approaching.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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