XRP Value Forecast: XRP Aims for $3.50 Barrier as Significant Breach Unfolds Imminently
In the realm of cryptocurrency, XRP has been making headlines recently as traders and investors keep a close eye on its recent price movements. The digital asset has shown signs of a potential bullish cycle, with the next few sessions expected to determine its direction.
After rebounding from a six-week low near $2.75, XRP is currently holding steady near $3.02. This recovery comes amid a recovering broader market sentiment, thanks to regulatory clarity and the rising utility of the XRP Ledger (XRPL) in facilitating cross-border payments.
Traders are cautious about possible rejections at $3.05 and $3.38, but momentum indicators such as the Bull Bear Power (BBP) histogram and Parabolic SAR are turning in favour of the bulls. If XRP can close solidly above $3.05, the next levels on the upside are expected to be $3.30 and $3.39.
The decisive push through the upper trendline has shifted sentiment from neutral to bullish. This is further supported by XRP's reclamation of all major exponential moving averages (EMAs) and the formation of a golden cross. The overall XRP forecast will depend on sustained buying volume and if the bulls can maintain price action above the EMA cluster.
If the bullish trend continues, XRP could potentially revisit its July all-time high. In an ambitious Q4 scenario, price targets could reach $4.00-$4.76.
Institutional developments are also contributing to XRP's price dynamics. Recently, VivoPower International partnered with Doppler Finance to generate institutional-grade yields on its XRP holdings, with an initial investment of $30 million. Moreover, the SEC's upcoming decision on XRP ETFs in October 2025 is drawing significant attention from institutional investors.
Net deposits of $21.6 million were recorded on September 10, indicating greater exchange inflows. However, failure to hold support at levels above $2.90 may lead to a further pullback, with the next significant support level at $2.75.
In other developments, XRP recently broke out of a symmetrical triangle pattern on the four-hour chart, with potential price targets at $3.13, $3.30, and $3.55. If XRP breaks out of a bullish wedge, these targets could be within reach.
In conclusion, while there are potential hurdles ahead, the current momentum indicates a bullish outlook for XRP. Traders and investors will be closely watching the next few sessions to determine if this is the start of XRP's next major bullish cycle or another brief rally.
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