Key Takeaways:
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XRP’s potential to rise to new all-time highs is supported by increasing institution’s demand and open interest.
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Analysts said XRP prices could continue its upcoming at $ 3.12 and later to $ 4.50.
XRP (XRP) The price reached 1.7% in the past 24 hours and 6% in seven days to trade above $ 3 on Thursday. Market analysts say it sets altcoin for further acquisition -back -backs of many onchain and technical factors.
Investors return to XRP investment products
Institution’s demand for XRP investment products remains stable, according to Data from coinshares.
Related: XRP flirts with $ 3 in the middle of ETF Hope approved: Is there $ 3.60 in the next stop?
XRP Exchange-Traded Products (ETP) posted flows worth $ 14.7 million on the week ending on September 5, bringing their flows for the year to $ 1.4 billion.
Other top-cap cryptocurrencies such as bitcoin (Btc), Solana (Sol), and sui (Sui) Net Inflows recorded $ 524 million, $ 16.1 million, and $ 600,000, respectively.
Ether (Eth) posted the outflows of $ 912 million, suggesting a possible spinning the funds From the largest altcoin to other cryptocurrencies, including XRP.
The hope of a Approval of XRP ETF In the US has become a major driver of recent XRP performance, with a price in good position for more gains as more institutional flows in the XRP market.
XRP derivatives data lean on bullish
XRP derivatives entrepreneurs also show the return, opening new positions, indicating an increasing speculation -aware momentum.
XRP’s Open interest (OI) also rose 11% in the past seven days to $ 8.3 billion, from the $ 7.4 billion posted in Sept. 4, which signaled an uprising for the businessman’s participation. OI has increased by 4% in the last 24 hours only, according to data from coinglass.
The funding rate – Payment payments are exchanged between long and short traders with eternal futures contracts to maintain prices aligned with the marketplace – have remained positive since August 1.
This measure has continued to rise in the last 10 days, as seen in the chart below. This indicates that more traders are now taking a long position (betting on an increase in price) compared to short positions (betting on a decline).
Increasing OI and positive funding rates can help the XRP price bounce above $ 3 in the short time.
XRP Price Eye Record Highs
XRP prices have been compiled within a symmetrical triangle since mid-July in the daily frame of time, data from Cointelegraph Markets Pro and Tradingview Shut up.
It broke the integration -with a sunny day near the top of the upper triangle at $ 2.95 on Monday.
“The XRP has been damaged from its multimonth consolidation, and breakout confirmation is taking place with the $ 3 trial today,” Analyst Casitrades Says In a Wednesday’s post on X.
Momentum continues to build, with a relative -child index of strength, or RSIrising to 54 from 36 a week ago.
According to the Casitrades, the main levels to watch upside down once the resistance to $ 3 is that -Clear is $ 3.08 and $ 3.27.
“Furthermore, Fibonacci extensions from larger integration have not changed and still point to the $ 4.50 zone as a breakout target.”
However, the bulls have to overcome resistance from multi-year high $ 3.66That “likely to serve as a retest area once that move is made,” the analyst added.
Pag -Zoom in, both analyst Egrag Crypto Says That’s a Climbing triangle In the four-hour chart targeted at $ 3.12 as long as the support of $ 2.97 holds.
“The measured target is $ 3.12, and it can still expand.”
Number Cointelegraph reportedA decisive near above $ 3 will open the door for the XRP/USDT pair to rally at $ 3.15 and later to $ 3.40.
Other analysts have more ambitious targets for XRP, saying it is Still on track to reach $ 20 This cycle, based on the Elliot wave examination.
$ XRP#Xrp This cycle is still on track for $ 20 for both the basic and alternative ideas.
The new floor has been established for good. pic.twitter.com/xanj8cegmz
– Xforceglobal (@xforceglobal) September 10, 2025
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
