{"id":43846,"date":"2025-08-25T06:16:49","date_gmt":"2025-08-25T06:16:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43846"},"modified":"2025-08-25T06:16:49","modified_gmt":"2025-08-25T06:16:49","slug":"fed-dovish-turn-lifts-xrp-toward-3-10-analysts-eye-5-8-targets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43846","title":{"rendered":"Fed Dovish Turn Lifts XRP Toward $3.10, Analysts Eye $5\u2013$8 Targets"},"content":{"rendered":"<div>\n<h2>News Background<\/h2>\n<p>XRP extended its rally on August 23 as institutional trading volumes spiked above averages, reinforcing bullish sentiment after weeks of consolidation. The move coincided with dovish remarks from Fed Chair Jerome Powell at Jackson Hole, which strengthened expectations of September rate cuts and triggered rotation into risk assets, including cryptocurrencies. <br \/>Regulatory clarity following Ripple\u2019s litigation outcome continues to support institutional flows, while analysts now point to ambitious $5\u2013$8 targets should XRP break decisively above near-term resistance.<\/p>\n<h2>Price Action Summary<\/h2>\n<p>\u2022 XRP climbed 3% during the 24-hour period from August 23 at 15:00 to August 24 at 14:00, rising from $3.02 to $3.09 before consolidating back at $3.02.<br \/>\u2022 The token traded in a $0.09 band, peaking at $3.09 on elevated 58.8 million volume\u2014well above the 24-hour average of 33.2 million.<br \/>\u2022 Support formed near $3.00 during the 11:00 candle on 46.6 million turnover, validating demand at the psychological level.<br \/>\u2022 XRP ended the session near $3.02, suggesting renewed momentum while consolidating below resistance.<\/p>\n<h2>Technical Analysis<\/h2>\n<p>\u2022 Resistance remains firm at $3.08\u2013$3.09, defined by high-volume rejection during the midnight rally.<br \/>\u2022 Support solidified around $3.00 after multiple bounces with above-average participation.<br \/>\u2022 Volume spikes confirm institutional flows, with $27 million worth of XRP reported transacted in one minute by fiatleak.<br \/>\u2022 Chart structures resemble double-bottom and symmetrical triangle patterns, which analysts suggest could extend gains toward $3.30 and, if breached, open a path to $5\u2013$8.<\/p>\n<h2>What Traders Are Watching<\/h2>\n<p>\u2022 Whether $3.00 holds as a durable floor during profit-taking phases.<br \/>\u2022 A decisive breakout above $3.30 resistance as the trigger for higher-range targets.<br \/>\u2022 Fed policy trajectory ahead of September\u2014rate cut confirmation would likely sustain flows into risk assets.<br \/>\u2022 Whale wallet accumulation and on-chain settlement volumes, which spiked 500% to 844 million earlier in the week.<br \/>\u2022 Broader correlation with equities, as lower yields continue to push crossover inflows into digital assets.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>News Background XRP extended its rally on August 23 as institutional trading volumes spiked above averages, reinforcing bullish sentiment after weeks of consolidation. The move coincided with dovish remarks from Fed Chair Jerome Powell at Jackson Hole, which strengthened expectations of September rate cuts and triggered rotation into risk assets, including cryptocurrencies. Regulatory clarity following [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-43846","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43846"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43846\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}