XRP is making headlines today as it breaks through the critical $3.03 threshold, fueling optimism for a major Cycle 3 bullish rally. This milestone could mark a turning point for XRP’s long-term price trajectory. Here’s what you need to know.
XRP Price Surges Past $3.03: A Technical Breakthrough
As of July 31, 2025, XRP is trading at $3.17, showing a 1.0% gain in the last 24 hours. The $3.03 level, dubbed “The Chasm” by analysts, represents:
- A psychological resistance point from previous cycles
- A technical benchmark aligning with historical highs
- A potential launchpad for further gains
Cycle 3 Breakout: How This XRP Rally Differs
Market analysts identify three distinct cycles in XRP’s price history:
| Cycle | Timeframe | Gain |
|---|---|---|
| Cycle 1 | May-Dec 2017 | 32,000% |
| Cycle 2 | Ended April 2021 | 420% |
| Cycle 3 | Current | In progress |
XRP Bullish Trend: Key Support and Resistance Levels
The current technical setup shows:
- Immediate resistance at $3.17 (24-hour high)
- Critical support at $3.04
- Secondary support levels at $2.90 and $2.65
What’s Next for XRP Price?
If the bullish trend continues, technical projections suggest:
- $8.93 target by September 2025
- Aggressive $32.48 target based on historical patterns
FAQs About XRP’s Current Rally
Q: Why is $3.03 important for XRP?
A: It represents a psychological and technical barrier that aligns with previous cycle highs.
Q: How long might Cycle 3 last?
A: Historical cycles suggest several months, but market conditions can vary.
Q: What could derail this bullish trend?
A: Failure to hold above $3.03 or broader market downturns could impact momentum.
Q: Where can I track XRP’s progress?
A: Major cryptocurrency exchanges and market tracking platforms provide real-time data.
