Most important snack:
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XRP has not managed to keep 3.12 US dollars and to align with immediate resistance at $ 3.30.
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Onchain data show a strong accumulation between $ 2.70 and $ 3.00.
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Diagram fractals indicate that a potential rally of 60% –85% remains valid in the fourth quarter.
XRP (XRP) achieved a rally of 18% in September 1st and rose from USD 2.70 to USD 3.18. However, the token could not violate the $ 3.20 brand, with the four-hour fair value gaps being rejected on the sales side and resuming $ 3.
After the interest rate of the Federal Reserve on Wednesday, XRP was unable to register a higher maximum value of $ 3.18, which extended the short-term weakness and increased further 3 dollar reprocess test. The Altcoin also struggles to keep its reason for the 50-day sliding average (SMA), which increases a further sales pressure on short-term dynamics.
XRP six-hour diagram. Source: CoinTelegraph/Tradingview
Futures Trader Dom has highlighted the inability of the bulls to keep the level of USD 3.12 earlier this week, which he identified as a key area for the continuation of 3.30 US dollars. The dealer said:
“Bulls did not hold it at the beginning of the week of 3.12 US dollars, which I represent for the challenge for a pressure on 3.30 US dollars. This idea remains, whereby all the eyes are overturned to this level to support them (to fight now). No significant passive resistance in the order books up to this target area of $ 3.30.”
This leaves 3.30 US dollars as immediate resistance, with bulls have to reclaim $ 3.18 for a sensible continuation.
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Why the bullish plan of XRP remains intact
Despite short -term setbacks, wider market signals indicate a continuing bullish dynamic for XRP. Onchain data show that the change in the net holder position since August 22nd was strongly positive.
This postponement followed a red between July and early August and collapsed with a higher level. The accumulation was most clearly seen in the range of 2.70 to 3 US dollars, which indicates that investors position the upward trend and not on the market.
Similarly, the realized profit/loss ratio underlined a transition phase. July recorded the most difficult win of the cycle and triggered the subsequent decline. Since then, the relationship has been flattened, but has risen sharply recently, its strongest climb since November 2024.
This indicates that a large part of the earlier sales pressure has been absorbed, with new cohorts probably enter the market from investors. Together with the accumulation of the net holders, these indicators reflect a constructive long -term backdrop.
The repetitive market fractal of XRP remains another bullish anchor. The Q1 structure was aligned with the current Q3 setup, whereby the low with the golden bag from Fibonacci (0.5–0.618) agreed with 2.70 US dollars.
This fractal implied that XRP follows its expected cycle pattern and set the level for a potential rally of 60 to 85% in the fourth quarter. Based on this projection, XRP could reach the range of $ 5.00 to 5.50 from its current level of $ 3.
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