XRP Price Prediction: XRP Re-tests the $3 Level; SBI Plans to Launch Japan's First Bitcoin Dual Asset ETF

As of August 11, according to Gate market data, the trading price of XRP hovers around $3.28, with the weekly fluctuation narrowing to the range of $3.09 - $3.40. This technical consolidation occurred after breaking through the key resistance level of $2.80 in July, reflecting the market's digestion of recent policy and product favourable information.

##Technical Analysis: The Triangle Convergence of Bull and Bear Games

From the 4-hour chart, the XRP price has entered a symmetrical triangle pattern, showing a clear standoff between bulls and bears:

• Key support level: 3.093 - 3.10 USD (4H super trend indicator + Fibonacci retracement level)
• Upper resistance: 3.368 - 3.40 USD (EMA20 moving average + previous high neckline)

If it breaks through 3.40 USD with an increase in trading volume, it may trigger a rally, with the first target being the supply zone of 3.54 - 3.66 USD, and in the medium term, it may challenge 5.75 USD. Conversely, if it falls below 3.093 USD, it may test the breakout point of 2.98 USD or even 2.80 USD.

Industry Milestone: Legal Clouds Clear, ETF Wave Surges

The final ruling of the law establishes market confidence

On August 7, Ripple's five-year legal battle with the US SEC officially came to an end — both parties withdrew all pending lawsuits. After the announcement, XRP surged by 12% within 12 hours, reaching a monthly high of $3.37. This victory not only eliminated regulatory uncertainty but also paved the way for institutional capital to enter. Analyst Zach Rector pointed out: "The market has not fully digested this Favourable Information, and the adoption of RippleNet by banks and payment institutions will accelerate."

Japan's first dual-asset ETF breaks the ice

Almost simultaneously, Japanese financial giant SBI Holdings announced the submission of a listing plan for the country's first Bitcoin - XRP dual-asset ETF, which is intended to be launched on the Tokyo Stock Exchange. The product design includes two types of combinations:

1. Gold + Crypto Assets (51% Gold ETF + 49% Bitcoin ETF)
2. Pure Cryptocurrency Portfolio (Bitcoin + XRP)

This move is seen as a landmark event for Asian institutions embracing XRP. If the Financial Services Agency (FSA) of Japan approves, it will inject new momentum into the global crypto ETF market—currently, XRP spot ETFs are only traded in Canada, and similar products in the United States are expected to be approved no earlier than the fourth quarter of 2025.

##Price Prediction: Short-term Fluctuations and Long-term Vision

Annual Target: Consensus Amid Divergence

Mainstream institutions' predictions for the end of 2025 show a gradient distribution:

• Gemini (Google AI): Optimistic scenario $5.50 - $10 (requires ETF approval + large-scale bank adoption); Neutral scenario $4.00 - $5.00; Pessimistic scenario $2.50 - $3.50
• Grok (xAI): Benchmark target 5.80 - 6.80 USD, extreme bull market may reach as high as 8.00 USD
• Technical analyst Steph is Crypto: The triangle breakout is expected to challenge $5.00, with $3.40 as the key confirmation level.

###2030 Vision: Ecology determines the ceiling The long-term model focuses more on the expansion of practical applications:

• Conservative prediction: 9 USD (based on ODL cross-border payment growth)
• Neutral forecast: $26.50 (assuming Ripple's banking network covers 70% of cross-border settlements)
• Extremely optimistic expectation: 42.34 USD (requires the realization of CBDC bridge + large-scale on-chain modernization of real estate)

Growth Engine: Three Major Drivers Ready to Go

The current value support of XRP comes from three structural favourable information:

• Regulatory Compliance: The GENIUS Act and CLARITY Act have been passed in the United States, and Ripple is applying for a banking license.
• Product Innovation: RLUSD stablecoin integrates virtual account technology and collaborates with the Dubai Land Department to promote real estate tokenization.
• Liquidity Upgrade: ProShares launched the first XRP futures ETF in July, and Grayscale will include XRP in its large fund allocation.

##Future Outlook As the SBI's Bitcoin - XRP dual-asset ETF plan progresses, Japan is expected to become the first Asian market to provide exchange-level liquidity for XRP. If the price can stabilize at $3.40 this week and recover the 4H moving average system, it will pave the way to $3.66 in the short term; whether the long-term goal of $5 or even $10 can be achieved depends on institutional adoption rates and the global approval progress of the ETF. $3.10 remains the last line of defense for the bulls—if it holds steady here, XRP still has room for imagination in August.