Market analyst STEPH IS CRYPTO has turned the spotlight back on XRP, sharing a weekly chart on X that shows the digital asset coiling inside a bullish continuation pattern. His annotated chart highlights a measured move toward $5, a target derived from the breakout of a symmetrical triangle.
According to the chart, XRP’s consolidation appears nearly complete, suggesting that a decisive breakout is imminent.
Current Price Action and Technical Context
As of report time, XRP is trading around $3.01, consolidating after its recent rally. Steph’s analysis shows the formation of a smaller pennant right above the breakout zone, which typically precedes a continuation of the dominant trend.
#XRP BREAKOUT IMMINENT !!! pic.twitter.com/a3J9Upw9c6
— STEPH IS CRYPTO (@Steph_iscrypto) August 19, 2025
For traders, the key zone to watch is $3.15–$3.30. A strong weekly close above that range would likely validate the bullish scenario and open the door for the $5 run. If realized, this move would represent nearly 66% upside from current levels.
The Drivers Behind XRP’s Strength
Two major factors underpin the bullish sentiment around XRP. First, the technical structure itself is compelling. Prolonged consolidations like the one seen in XRP often resolve with sharp directional moves, and the current chart suggests bulls are in control.
Second, regulatory clarity has played a pivotal role. The long-running case between Ripple and the SEC is winding down, with recent developments removing much of the legal uncertainty that weighed on XRP for years.
Analysts note that this has improved XRP’s market perception, making it more attractive to institutional and retail traders alike. The resolution of legal overhangs is being viewed as a catalyst for renewed adoption and investor confidence.
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Risks and Levels to Monitor
Despite the bullish setup, traders are advised to approach with caution. Breakouts can fail if momentum fizzles or if broader crypto market sentiment turns negative. Immediate support lies near $3.00, while resistance stretches across $3.15–$3.65.
A clear weekly close above this resistance band would bolster the case for a sustained move higher. Conversely, a rejection back into the prior consolidation could invalidate Steph’s $5 target in the short term. Volume confirmation and overall market liquidity conditions will be key signals to watch.
XRP is once again at the center of technical and fundamental discussions. STEPH IS CRYPTO’s $5 projection represents one of the most closely followed price targets at this stage of the market cycle.
With XRP consolidating around the $3 level, the digital asset is well-positioned for a significant breakout—provided momentum holds and external conditions remain favorable. For XRP holders, the coming weeks could prove critical, as the market decides whether this long-awaited breakout finally materializes.
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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