XRP Price Prediction: Analyst Predicts Consolidation Before Ripple Price Hits $7
The post XRP Price Prediction: Analyst Predicts Consolidation Before Ripple Price Hits $7 appeared on BitcoinEthereumNews.com.
XRP is drawing attention as analysts highlight a consolidation phase that could set the stage for Ripple’s price to rally toward the much-anticipated $7 level. The current market structure suggests traders may need patience as XRP gathers momentum, but optimism remains strong with projections pointing to a significant breakout once consolidation ends. XRP Price Consolidation in Focus XRP price has entered a consolidation phase following recent volatility that dragged the token back below $3. After reaching an all-time high of $3.65 in July, the cryptocurrency slipped to the $2.8 range, raising questions about its short-term momentum. EGRAG CRYPTO notes that XRP is consolidating within a falling channel, a pattern that typically signals an upcoming major price move. Source: @egragcrypto via X Popular market analyst EGRAG CRYPTO believes this pause is not a sign of weakness but a natural stage in XRP’s broader price structure. According to his latest analysis, XRP continues to trade within an ascending channel, a pattern that has historically preceded major rallies. “All investors have to do is watch for a decisive breakout above the resistance zone,” the analyst noted, pointing to the $3–$3.5 band as a crucial barrier. Analyst Targets: $7 on the Horizon EGRAG’s long-term XRP price prediction remains ambitious. His chart highlights possible upside targets between $7 and $27, suggesting that the current consolidation could be laying the groundwork for a significant surge. A potential decision point has been marked for late September 2025, which he believes may determine whether XRP breaks upward or continues its sideways movement. EGRAG CRYPTO’s analysis shows XRP moving within rising channels, with a breakout above resistance potentially triggering a price discovery phase toward the $7–$27 range. Source: @egragcrypto via X At present, the price of XRP today hovers around $2.81, reflecting a decline of nearly 7.5% from recent…
