Key Notes
- Analysts highlight critical XRP resistance near $2.90.
- Popular crypto analyst Crypto Patel said that the XRP can see an upside rally soon.
- Ripple is pushing its enterprise-grade RLUSD stablecoin into the Japanese market.
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Ripple’s native cryptocurrency XRP has come under selling pressure this week, slipping under the crucial support of $3.0, amid a broader market correction. However, market analysts are confident that the XRP price target of $10 remains intact despite the recent volatility.
Why XRP Price Rally Will Continue By Another 200%?
Ripple’s native cryptocurrency has recently experienced volatility and is currently testing crucial support at $2.85.
Popular crypto analyst Dark Defender stated that the XRP price is performing exactly as predicted in his chart, and is currently undergoing an ABC correction, as shown in the image below. If the bulls fail to defend the $2.85 support, the next drop could be at $2.64.
Hi all. #XRP will shortly finalise the ABC correction and then continue towards targeting $10.47.
C corrections have possibilities and we scrutinise them in detail today.
Targets: $3.33, $4.36, $5.85, $10.4765
Supports: $3.00, $2.85, $2.64
(Not financial advice)The XRP Ship… pic.twitter.com/CSCp5EGNwu
— Dark Defender (@DefendDark) August 15, 2025
However, Dark Defender believes that the Ripple crypto will see a sharp bounce back from there, continuing its upward journey to $10.47.
“The XRP Ship is sailing in the middle of the Ocean!” he added. The subsequent targets shared by the analyst on the upside are $3.33, $4.36, $5.85, $10.4765.
Another crypto analyst, Crypto Patel, has shared similar price targets for XRP. He noted that XRP is currently only 200% away from the $10 mark, citing strong bullish momentum and growing interest from the XRP community.
According to Patel, XRP is holding key support at $0.80, with significant resistance near $2.90. The analyst emphasized that a breakout above these levels could set the stage for a major rally. “The trend is bullish, and it’s looking strong,” Patel added.
Will #XRP hit $10 in this bull run? 🚀 $XRP is only 200% away from its $10 target! With strong support at $2 and massive interest from the #XRPArmy , this could be the breakout we've all been waiting for.
🔵 Support at $0.80
🔴 Resistance at $2.90The trend is bullish, and it’s… pic.twitter.com/jYaLg1BpDF
— Crypto Patel (@CryptoPatel) August 21, 2025
Ripple Makes A Push for RLUSD Stablecoin
Amid the XRP price volatility, Ripple continues to build its ecosystem with the latest push for RLUSD stablecoin in Japan. The blockchain firm is seeking to expand its presence in the rapidly evolving $300 billion stablecoin market.
In partnership with SBI Holdings, Ripple will bring its enterprise-grade stablecoin RLUSD to the Japanese market in early 2026. The move targets both retail users and institutional investors, offering a fully-backed, regulated stablecoin designed for enterprise use cases.
Ripple highlighted the broader opportunity, noting that the $300 billion stablecoin market is projected to expand into the trillions, underscoring the potential for growth in regulated digital currencies.
