XRPUSD made a bearish move on intraday charts before finding support at a level that had previously triggered strong reactions. The price has since moved upward, but multiple resistance zones could limit buyers from sustaining momentum.

Crypto analysts noted mixed signals for XRP, highlighting a bearish descending triangle pattern alongside bullish sentiment from Binance traders. Short-term projections suggest possible gains, while longer-term scenarios remain highly speculative.

Binance Traders Turn Bullish

A crypto analyst on the YouTube channel Discover Crypto shared his outlook on XRP. He highlighted a 12-year trend line and a descending triangle pattern. While descending triangles are usually bearish, he noted that XRP’s recent uptrend could increase the chances of an upward breakout.

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The analyst also pointed to Binance trader activity, where long positions outweighed shorts. The long-short ratio stood at 3.05, and among top traders, it reached 3.67, suggesting more traders were betting on the price rising than falling.

Short-Term Outlook

In the short term, the analyst set price targets between $3.60 and $3.81 over the next 30 to 60 days.

You may find it interesting at FinanceMagnates.com: Why Crypto is Going Up Today? XRP, Bitcoin, Ethereum, and Dogecoin Lead Market Surge.

He added that U.S. interest rate cuts expected in mid-September could trigger short-term volatility before XRP resumes its uptrend.

Speculative Long-Term Scenarios

For the longer term, the analyst outlined what he called “moon math” scenarios. If the 12-year trend line holds, XRP could theoretically reach $16 by early 2026 or $30 by the third quarter. He emphasized these figures are speculative and unlikely in the current market cycle.

XRP Price Moves Up, Trendline Remains Resistance

On the H1 chart, XRPUSD found support at 2.9550, a level that had previously acted as intraday support. After forming a bullish inside bar, the price moved upward. However, a bearish trendline is currently acting as resistance, along with several horizontal levels on the way to 3.1860.

Analysts Offer Mixed Short- and Long-Term XRP Projections

Several crypto analysts have shared technical and market perspectives on XRP. CoinsKid highlighted potential parabolic growth in certain altcoins, noting XRP’s recent gains while holding key support levels, but cautioned a correction could occur before further upward movement.

Another analyst, YourPOP, pointed to historical four-year cycles and projected potential market gains for October 2025. Despite a recent weekly drop, XRP remains up around 400% year-to-date. The possible approval of an XRP ETF was cited as a key factor, with betting markets indicating a high probability in October.

Oscar Ramos noted XRP trading near $2.70, highlighting historical trends of weaker September performance and stronger gains in October and November, with $2.70 as a potential buying level.

Discover Crypto added that larger XRP allocations may offer limited returns unless prices reach extreme levels. Technical indicators, such as tightening Bollinger Bands in the XRP/BTC pair, suggest the potential for significant movement.

Analysts’ short- and long-term projections vary. In another analysis, CoinsKid cited support at $2.66 and a minimum upside of $4.13; Cilinix Crypto targeted $3.07–$3.13 near-term, with $3.30 as longer-term resistance.

DeepSeek AI expects $3.50–$5.00 by late 2025 and $8–$15 by 2030, while James Crypto Space and Zack Rector offered ranges up to $9 and $5–$15, contingent on market conditions, regulation, and adoption trends.

This article was written by Tareq Sikder at www.financemagnates.com.TrendingRead More

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