XRP price reclaims $3, opening the way for 40% gains in October

Key takeaways:

• XRP rally is successful a bully presumption to rally toward $3.98–$4.32 this period pursuing an RSI aureate cross.

• Profit-taking remains muted, suggesting stronger holder condemnation up of October’s ETF decisions.

XRP (XRP) is backmost supra the intelligence $3 mark, reigniting speculation that it could beryllium gearing up for different large move. A recurring method awesome connected its multiday illustration is strengthening that bullish case.

RSI aureate transverse signals 30-40% XRP emergence next

XRP’s 3-day relative spot scale (RSI) has conscionable flashed a aureate cross, with the indicator closing supra its 14-period moving average. This suggests that momentum is shifting backmost successful favour of the bulls.

XRP three-day terms chart. Source: TradingView

For instance, XRP’s terms roseate by implicit 75% a period aft the RSI aureate transverse successful June. Similarly, it jumped by much than 28% and an eye-popping 575% aft a akin crossover people successful April and November past year.

The latest crossover comes arsenic XRP retests enactment astatine its 50-period exponential moving mean (EMA), a level that has consistently aligned with erstwhile RSI aureate transverse rallies.

The confluence of the $3 breakout, 50-period EMA support, and RSI crossover raises XRP’s likelihood of rising toward the 1.0 Fibonacci retracement level astatine $3.39 successful October, up 11% from the existent levels.

The XRP/USD brace whitethorn emergence further toward the 1.618 Fibonacci hold level, located adjacent $4.32, which represents an astir 40% increase, by October oregon November if it decisively closes supra $3.39.

Related: XRP price: Why October volition beryllium the astir bullish period of 2025

Another bullish setup, a descending triangle breakout, points to a $3.98 target—up 30% from existent prices—as XRP climbs supra the pattern’s precocious trendline, further reinforcing the RSI aureate transverse signal.

XRP/USDT three-day terms chart. Source: TradingView

XRP profit-taking becomes little severe

XRP’s latest rally supra $3 has not triggered the aforesaid benignant of utmost profit-taking that marked its past bull marketplace tops, onchain information shows.

The percent proviso successful profit—the stock of circulating XRP trading supra its outgo basis—has remained elevated and comparatively unchangeable since the November 2024 breakout, according to Glassnode data.

XRP percent proviso successful profit. Source: Glassnode

In earlier cycles, spikes toward 90–100% nett levels often coincided with accelerated sell-offs and crisp drawdowns. This time, however, XRP holders look to beryllium exercising much patience.

The steadiness suggests that semipermanent investors are little anxious to currency retired successful the adjacent term, indicating stronger condemnation successful the ongoing trend, peculiarly up of multiple XRP ETF decisions successful October.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.