Will XRP Break $5 in Q4? Analysts Spot Bullish Setup

TL;DR XRP retests early August support as analysts forecast a bullish Wave 5 rally this ￰1￱ exchanges absorb $45M XRP during dip, suggesting strong demand from institutional ￰2￱ Ledger activity surges 20% ahead of September’s Decentralized Media event and enterprise ￰3￱ Returns to August Levels as Key Pattern Forms XRP is trading near an important support zone, with traders watching for signs of ￰4￱ are weighing two key scenarios: either a continued rebound or a deeper pullback in early ￰5￱ structure, on-chain activity, and regional demand are all being considered as the final quarter of the year ￰6￱ Guy, a crypto market analyst, pointed out that XRP has returned to the same level it traded at in early ￰7￱ noted that this area, around $2.70–$2.75, has been a strong zone of ￰8￱ move also matches the 0.618 Fibonacci retracement level from the last major rally. $XRP BACK AT EARLY AUGIST LOWS for the reply guys in the back saying i’ve been getting things wrong lately – i literally said we would likely revisit early August lows around this ￰9￱ you all can’t keep up with my updates!

okay, now. my… ￰0￱ ￰10￱ — Charting Guy (@ChartingGuy) September 1, 2025 Notably, the price is holding along the lower boundary of a long-standing ascending channel that has been active since ￰11￱ his chart, the recent dip is marked as Wave 4 in a larger five-wave move. A fifth-wave rally is projected if the support level ￰12￱ levels for a move higher are $4.16, $4.63, and $5.39. Charting Guy also described a second ￰13￱ warned that the market could form a short-term bearish pattern before rebounding ￰14￱ added, “A bear trap is possible in early September, followed by a fast reversal.” Short-Term Resistance Remains Below $2.94 Another analyst, CryptoWZRD, said that XRP is trading below the $2.83 level and called recent price action “choppy.” The next support sits near $2.64, while a breakout above $2.94 may set up another move to the upside.

A close above this resistance could allow for a long ￰15￱ XRP and XRP/BTC showed slight daily declines, continuing to follow Bitcoin’s broader ￰16￱ and monthly charts showed ￰17￱ market is now watching how sentiment may shift after the upcoming economic data from the U. S., including the Non-Farm Payroll ￰18￱ also mentioned that Bitcoin’s falling dominance could benefit XRP/BTC, which may give Ripple’s token room to rise if BTC remains ￰19￱ Buyers Step in During Market Drop On-chain data showed that Korean exchanges absorbed around 16 million XRP, valued at approximately $45.5 million, during the recent ￰20￱ Ali noted that XRP “must hold above $2.77 to avoid a retracement to $2.40.” This activity points to institutional buying while retail traders have been reducing ￰21￱ Korean platforms are known for driving sharp moves in ￰22￱ behavior, sometimes referred to as the “Kimchi Premium,” shows how local demand can push markets faster than global ￰23￱ recent buying may help form a base around current ￰24￱ on the XRP Ledger has also ￰25￱ wallet addresses rose by 20% over three days leading into the planned Decentralized Media launch on September ￰26￱ the same time, Chinese tech firm Linklogis integrated XRP Ledger into its platform, reporting a 23% increase in its ￰27￱ from Messari confirmed that XRPL closed Q2 with a record $131.6 million in real-world asset value.