TLDR
- XRP is trading near $2.96 and has formed a strong support level around $2.80.
- Analyst Javon Marks expects XRP to reach $9.63, signaling a 200% potential rise.
- The token has broken out of a long wedge formation, showing strong technical momentum.
- A new ETF filing called the Canary American-Made Crypto ETF has increased market optimism.
- The ETF focuses on U.S.-based digital assets and may attract new capital into XRP.
XRP is gaining traction as traders anticipate a strong breakout. The current XRP price prediction points to a sharp 200% potential rise. A key technical breakout and ETF developments are fueling this bullish sentiment.
XRP Breakout Targets $9.63 Following Technical Shift
XRP has traded near $2.96 after dipping 1.64% in the past 24 hours. However, the token maintains firm support near the $2.80 level. According to analysts, this support has strengthened over recent weeks.
Javon Marks, a market analyst, forecasts a sharp move in XRP. He highlighted a wedge breakout that points to a potential rally toward $9.63. This would reflect an over 200% increase from the current price.
According to past breakout and cycle performance and the extremely high similarities of this cycle, next up for $XRP is another >200% increase to $9.63+ and then… pic.twitter.com/FQ0Davg2R5
— JAVON⚡️MARKS (@JavonTM1) August 24, 2025
XRP price prediction relies heavily on its historical chart patterns. The token’s breakout resembles earlier surges, including its move from $0.03 to above $3.00. Buyers appear to have reclaimed key zones and pushed back seller pressure.
Canary ETF Filing Lifts Investor Confidence
The U.S. market recently saw a new ETF proposal tied to digital assets. The Canary American-Made Crypto ETF filing focuses on tokens tied to American roots. It includes assets mined or operated primarily in the U.S.
This move introduces a new dynamic in crypto investment products. The ETF aims to attract patriotic investors through its American focus. XRP, with its U.S. foundation, is among the potential beneficiaries of this trend.
“Institutions are watching closely,” said one market observer, noting the ETF’s unique angle. If approved, the fund could increase capital flows to XRP. That possibility strengthens the XRP price prediction even further.
XRP Price Prediction Strengthened by Market Sentiment and Technicals
Support around $2.80 continues to hold firm, keeping bearish pressure in check. Resistance remains near $4.50, with another barrier at $6.30. Breaking both could pave the way for the $9.63 target.
XRP price prediction has gained momentum from both technical and regulatory fronts. With the SEC case now settled, XRP gains added clarity. This boosts confidence in the token’s long-term position.
The blend of strong chart setups and ETF tailwinds positions XRP as a leading breakout candidate. The current XRP price prediction hinges on clearing key levels ahead. If successful, a 200% rise remains within technical reach.
