Will XRP Rally in Q3? Analysts Weigh the Odds of a Major Breakout

TL;DR:

• The token trades in a lateral consolidation phase with a critical technical level identified around $1.11.
• The zone between $1.40 and $1.50 represents the main resistance to enable the bullish structure on weekly charts.
• The key support of the current cycle is located between $0.88 and $0.90, a level that bounds the accumulation scenario.

XRP’s price action reflects a consolidation phase following episodes of selling pressure. Stability is currently driven by continuous inflows into XRP exchange-traded funds (ETFs) and buying demand observed on South Korean platforms.

$XRP
Nothing new on XRP, still expecting the same path to be followed.

This consolidation under $1.11 is good as this is what we wanted as talked about in the last update.

What the chart should take care of is HOW it behaves around $1.11 when it goes there, if there are closes… https://t.co/3SwK4Edyax pic.twitter.com/8sNfQgfRGh

- Umair Orakzai (@Umairorkz) August 4, 2026

Market analysis indicates that the $1.11 mark acts as the primary operational pivot. A daily candle close above this level would invalidate the immediate lateral pattern and pave the way for a realignment of long positions.

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