Price prediction for XRP when Ethereum reaches a new all-time high:

Today's crypto prices reflect a vibrant market driven by the soft remarks of Federal Reserve Chairman Jerome Powell at the Jackson Hole Economic Symposium.
Ethereum has taken the spotlight, breaking the old record to reach a new all-time high of $4,880 with a double-digit increase. Bitcoin follows, rising 4.2% to $117,220, while XRP has regained its price at $3.05.
The price of XRP today is stuck in a tug-of-war as optimism following the Fed meeting supports the broader crypto market, but the ongoing SEC lawsuit continues to cloud investor sentiment.
The token has struggled to maintain momentum after falling below the consolidation level, with traders watching key areas like $2.77 for support and $3.21 as the next resistance level.
However, according to analyst CasiTrades, the market quickly regained momentum as buyers stepped in almost immediately. Despite the decline, bullish divergences remain intact, signaling that selling pressure has started to ease.
When will the price of XRP reach its all-time high?
The analyst explained that the decline has forced a reset of XRP's price map. Previously, the next resistance target was $3.41, but with the new move, the immediate focus has shifted to $3.21.
Analysts note that the momentum is currently extremely strong, indicating that XRP may only encounter a minor reaction at the $3.21 level before rising higher. In fact, he predicts that this level will act more as a pause than a ceiling.
A potential test of $3.168, the peak of the recent consolidation range, may also occur as part of this move.
There are expected to be some minor adjustments.
Overall, the analyst points out that this latest development is entirely in line with the broader macro picture for XRP. The overall trend is still heading towards new highs, and corrections are likely to remain shallow.
The analyst has outlined the potential adjustments in the Fibonacci range of 0.118–0.236 but emphasized that these declines resemble speed bumps rather than major obstacles. As XRP turns $3.21 into support, the path to higher resistance levels, and ultimately new highs, becomes much clearer.
Overall, the analyst summarized the sentiment by emphasizing that the bullish structure aligns well with the broader altcoin market, which is also showing signs of recovery. For XRP, reclaiming $3.21 could set the stage for a rise to $3.41 and beyond, with the long-term target still aimed at new highs.
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