Renowned crypto market strategist Papa has projected that XRP could enter an aggressive upward phase this week, based on a combination of bullish technical indicators and favorable market conditions.
In a recent post on X, Papa shared a TradingView chart highlighting a breakout pattern, key Fibonacci extension levels, and a projected price path pointing toward the low double-digit range, approximately $12 to $14.
Technical Setup Signals Potential Breakout
XRP is currently trading at $3.14 after a period of sustained upward momentum. Papa’s chart analysis centers on a symmetrical triangle formation following a breakout from a multi-year downtrend.
$XRP should start to move aggressively this week pic.twitter.com/h9BXnxGZRV
— papa 👑 (@mamagucci) August 11, 2025
Such patterns typically indicate consolidation before a significant price move. The Fibonacci extension levels plotted on the chart outline potential upside targets, with the first major hurdle identified near $3.40.
If this resistance is breached on strong volume, historical price behavior suggests XRP could advance toward $5 in the short term, with room for extended gains in subsequent legs. The projected path in Papa’s analysis closely aligns with other bullish readings from technical analysts who are tracking similar consolidation structures and breakout conditions.
Market Drivers Supporting the Bullish Case
Two primary catalysts are strengthening the bullish outlook. First, the recent resolution of Ripple’s long-standing legal battle with the U.S. Securities and Exchange Commission has provided significant regulatory clarity, reducing a major overhang that has weighed on XRP for years. This has boosted investor confidence and attracted fresh capital inflows.
Second, market liquidity and trading volumes have surged in recent weeks. On-chain data shows increased activity from both retail traders and institutional participants, with elevated exchange inflows signaling heightened market engagement. This rising participation, coupled with the strong technical setup, increases the probability of a sustained breakout rather than a short-lived rally.
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Key Levels and Short-Term Risks
While sentiment is overwhelmingly bullish, market observers caution that breakouts of this nature require confirmation. The immediate level to watch is $3.40, a zone that has acted as resistance in recent sessions. A decisive weekly close above this level, backed by a surge in trading volume, would add credibility to the upward trajectory outlined in Papa’s chart.
However, profit-taking at higher levels, sudden shifts in institutional positioning, or large XRP releases from escrow could temporarily cap gains. Traders should remain attentive to volume trends, price stability above breakout levels, and on-chain movement of large holdings to gauge the sustainability of any rally.
Outlook
Papa’s projection of an imminent aggressive rally aligns with both the technical and fundamental backdrop currently supporting XRP. Should the token clear and hold above $3.40 with conviction, the door could open for a multi-stage advance toward the $12–$14 range, as indicated in his analysis.
With legal uncertainties resolved and technical indicators converging, the coming days will be pivotal in determining whether XRP can transform its current consolidation into a historic price surge.
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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