XRP Price Prediction: Market Sentiment Diverges While Analysts Remain Bullish, Potential Target $6

XRP is currently consolidating above the key support level of $3.35 after reaching a historic high. Despite mixed market sentiment, participation from both long-term and short-term investors has increased, and experts generally have a positive outlook on XRP's future performance. This article analyzes XRP's price performance, market sentiment, and key support and resistance levels from a technical perspective.

XRP price remains stable, market sentiment is divided

As of now, the price of XRP is stable in the $3.50 range, having increased by 0.35% in the past 24 hours. During this period, trading volume has risen by 16%, indicating an increase in participation from investors and traders.

At the same time, there are a large number of short positions in the market, with short positions approaching the $3.68 level reaching about $260 million. This indicates that most traders are bearish on XRP in the short term. However, CoinGlass data shows that long-term XRP holders are steadily accumulating tokens, indicating that despite the relatively pessimistic market sentiment in the short term, long-term investors remain confident.

In the past 48 hours, approximately $56.85 million of XRP has flowed out of exchanges, a move that suggests investors are transferring assets to safer wallets, possibly indicating their optimistic outlook on the long-term prospects of XRP.

Key support and resistance levels in the market

According to the current data, the main support level for XRP is around $3.35, while the main liquidation level on the downside is at $3.412, with approximately $69 million of long positions concentrated in this area. On the upside, $3.684 is the key resistance level, where there are about $258 million of short positions.

These data reveal the opposing sentiments of both bulls and bears in the market, and investors do not have a unified view on the future trend of XRP.

Expert Opinion on XRP: Bullish Sentiment

Despite mixed market sentiment, experts generally have a positive outlook for XRP. On July 22, 2025, a crypto expert stated on platform X (formerly Twitter) that the approval chances for the XRP spot ETF have risen to 95%, which is a bullish catalyst for XRP and its holders.

In addition, another crypto analyst boldly predicts that the target price for XRP will reach $15. He pointed out that on the weekly chart, XRP has broken through the bullish flag pattern, indicating that it is still in an upward trend.

XRP Price Trends and Key Technical Levels

This prediction seems a bit unrealistic, as XRP needs to rise by 327% to reach $15. However, AMBCrypto's technical analysis indicates that XRP is currently in an uptrend and has maintained a solid consolidation at the breakout level, which is considered a positive signal.

Based on recent price performance, if XRP maintains the current support level, the next potential target could be $6, a level indicated on the Fibonacci retracement chart; otherwise, XRP may pull back to the $3.40 range.

Conclusion: Despite the mixed market sentiment around XRP, experts remain optimistic about its prospects. With XRP's price solidly in the $3.50 range, its potential to break through key resistance levels still exists, and the confidence of long-term investors may drive its further rise.