XRP Consolidates at $3 as Analyst Cautions on Impact of US Economic Data

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The XRPUSD H1 chart shows the cryptocurrency trading withina range for several hours. At the time of writing, XRP is hovering near the$3.00 mark, a key support level that intraday traders are watching closely forsigns of the next move. Analysts highlight the token’s stability despite limitedmomentum, with resistance seen around $3.07–$3.13. The outlook is cautiouslybullish, though upcoming U.S. economic data may influence short-term direction.Analyst Commentary on Current XRP Market TrendsCrypto analyst Cilinix Crypto shared his latest marketupdate on YouTube, focusing on XRP’s recent price behavior. He noted thattechnical conditions remain largely unchanged from earlier in the week, butbroader market shifts could support a potential upward move.Price Targets Highlight Key Resistance Levels AheadThe analyst highlighted Tuesday’s momentum in XRP, sayingthe token may continue toward the $3.07–$3.13 range, with $3.13 serving as hisprimary near-term price target. You may find it interesting at FinanceMagnates.com: BitcoinCorrection, Fed Policy, and “Weimar Lite”: Analyst Warns of Volatile Decade.While he sees a longer-term possibility of $3.30, hedescribed that level as difficult to reach given liquidity and resistance.Market Context and Influence of Other TokensCilinix pointed out that Solana is currently attracting mostof the market’s momentum, limiting immediate upside for XRP. However, hestressed that XRP remains stable and is showing strength in holding support.I have more faith in $SOL breaking out than $ETHSolana has some sort of momentum, ETH had a good bounce but that's it for now. SOL/ETH still bearish as hell, BUT trying to break the H12 trend for the first time since early July— Cilinix (@cilinixcrypto) August 27, 2025Upcoming Economic Data Could Impact XRP DirectionUpcoming U.S. economic releases—including GDP, joblessclaims, and the core PCE price index—could introduce volatility. The analystsuggested that short-term dips toward $2.94 are possible, but he expects XRP tofind support and attempt a rebound toward $3.13.For now, he said XRP’s outlook remains more bullish thanbearish, provided macroeconomic data does not deliver major surprises.Projections Diverge as Analysts Map XRP’s Long-Term PathSeveral analysts have outlined possible scenarios for XRP,which is trading near $2.90. CoinsKidprojects a minimum upside target of $4.13, framing it as part of apotential fifth wave in the market cycle. Short-term support is seen at $2.66,with a broader bullish outlook dependent on holding above $1.91.Other forecasts vary widely. DeepSeek AI expects XRP totrade between $3.50 and $5.00 by late 2025, while longer-term projectionsextend to $8.00–$15.00 by 2030, influenced by regulation and adoption trends.JamesCrypto Space points to a possible $9 level if historical patterns repeat,and Zack Rector suggests a range of $5 to $15 depending on market conditions.This article was written by Tareq Sikder at www.financemagnates.com.