After the sideways consolidation in August, the technical analysis of XRP shows three bullish patterns overlapping, combined with the favourable information that the SEC may approve the XRP ETF in October, the rapid growth of the XRP Ledger in the field of real asset tokenization (RWA), and the ecological effect of Ripple's USD stablecoin RLUSD breaking through the scale of $680 million. These four catalysts may work together to drive XRP to achieve a breakthrough rise in September. This article deeply analyzes the rise logic and target calculation of XRP from four dimensions: technical analysis, regulatory progress, ecological development, and stablecoin expansion.
[Technical Analysis Triple Bullish Signal Resonance]
(Source: TradingView)
The daily chart shows that XRP has simultaneously formed three classic bullish patterns: first is the Falling Wedge that started from the historical high in July, which usually appears at the end of a trend, and has a high probability of rising after a breakout; second is the Bullish Pennant, indicating the potential continuation of the previous upward trend after consolidation; and most importantly, the completion of the Cup-and-Handle pattern, which is a recognized trend continuation signal. The combination of these three patterns indicates that the current sideways consolidation is about to end. If the key support of 2.6 USD is broken, the bullish logic will be invalidated; conversely, if it successfully breaks through, the medium to long-term target can be seen at 5 USD.
[SEC October ETF Approval Countdown]
Significant favourable information on the regulatory front: The U.S. Securities and Exchange Commission (SEC) is reviewing XRP ETF applications submitted by 11 institutions, including Canary, WisdomTree, and Franklin Templeton, with most applications set for final approval by October. After multiple delays, the likelihood of further delays by the SEC, led by Paul Atkins, is low. The market anticipates that once the XRP ETF is approved, it will bring significant capital inflows, and analysts predict that the management scale in the first year could reach a considerable level. This expectation may drive XRP to start its rise ahead of September.
XRP Ledger has demonstrated strong growth momentum in the field of real asset tokenization, with RWA asset scale increasing by 25% over the past 30 days, making it one of the fastest-growing blockchains in this area. The largest project in the ecosystem, VERT Capital, has launched a $115 million fund on the network, with well-known institutions such as OpenEden and Ondo successively joining. As more enterprises adopt XRP Ledger for RWA development, the demand for network usage and the actual value support of XRP will be enhanced simultaneously, and this improvement in fundamentals provides continuous momentum for price rise.
[The scale effect of stablecoin RLUSD is evident]
The USD stablecoin RLUSD under Ripple has performed remarkably, nearing the milestone of $680 million in assets despite only being launched last December. This stablecoin became one of the most used stablecoins during the Bullish IPO period and has recently been included in the support list of Aave's newly launched lending market, Horizon. The rapid growth of RLUSD not only brings stable revenue streams to Ripple but also reinforces XRP's central position in cross-border payments and the DeFi ecosystem, creating a positive feedback loop effect with XRP's price.
Macroeconomic Environment and Market Sentiment Alignment
The rate cut expectations hinted by Federal Reserve Chairman Powell may provide liquidity support for the cryptocurrency market in September, and the rebound in risk asset preference will benefit the performance of mainstream tokens such as XRP. Additionally, as XRP is still in a value trough relative to major coins like Bitcoin, the fund rotation effect may drive it to achieve excess returns.
[Conclusion]
The four catalysts of technical aspects, regulatory expectations, ecological development, and stablecoin expansion created a rare resonance in September, giving XRP the potential to break through historical ranges. Investors should focus on the effectiveness of the key support level at $2.6, the SEC's latest statements on ETF approvals, and the actual data of RWA ecological developments. Although the $5 target seems aggressive, if multiple favorable information is realized simultaneously, XRP is expected to replicate the explosive rise of other mainstream tokens in history. It is recommended that investors closely monitor market changes at key time points in September while strictly controlling risks.
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XRP September big pump warning: Four catalysts resonance may push Ripple to hit the $5 target | XRP price prediction
After the sideways consolidation in August, the technical analysis of XRP shows three bullish patterns overlapping, combined with the favourable information that the SEC may approve the XRP ETF in October, the rapid growth of the XRP Ledger in the field of real asset tokenization (RWA), and the ecological effect of Ripple's USD stablecoin RLUSD breaking through the scale of $680 million. These four catalysts may work together to drive XRP to achieve a breakthrough rise in September. This article deeply analyzes the rise logic and target calculation of XRP from four dimensions: technical analysis, regulatory progress, ecological development, and stablecoin expansion.
[Technical Analysis Triple Bullish Signal Resonance]
(Source: TradingView)
The daily chart shows that XRP has simultaneously formed three classic bullish patterns: first is the Falling Wedge that started from the historical high in July, which usually appears at the end of a trend, and has a high probability of rising after a breakout; second is the Bullish Pennant, indicating the potential continuation of the previous upward trend after consolidation; and most importantly, the completion of the Cup-and-Handle pattern, which is a recognized trend continuation signal. The combination of these three patterns indicates that the current sideways consolidation is about to end. If the key support of 2.6 USD is broken, the bullish logic will be invalidated; conversely, if it successfully breaks through, the medium to long-term target can be seen at 5 USD.
[SEC October ETF Approval Countdown]
Significant favourable information on the regulatory front: The U.S. Securities and Exchange Commission (SEC) is reviewing XRP ETF applications submitted by 11 institutions, including Canary, WisdomTree, and Franklin Templeton, with most applications set for final approval by October. After multiple delays, the likelihood of further delays by the SEC, led by Paul Atkins, is low. The market anticipates that once the XRP ETF is approved, it will bring significant capital inflows, and analysts predict that the management scale in the first year could reach a considerable level. This expectation may drive XRP to start its rise ahead of September.
[RWA Tokenization Ecosystem Accelerates Expansion]
XRP Ledger has demonstrated strong growth momentum in the field of real asset tokenization, with RWA asset scale increasing by 25% over the past 30 days, making it one of the fastest-growing blockchains in this area. The largest project in the ecosystem, VERT Capital, has launched a $115 million fund on the network, with well-known institutions such as OpenEden and Ondo successively joining. As more enterprises adopt XRP Ledger for RWA development, the demand for network usage and the actual value support of XRP will be enhanced simultaneously, and this improvement in fundamentals provides continuous momentum for price rise.
[The scale effect of stablecoin RLUSD is evident]
The USD stablecoin RLUSD under Ripple has performed remarkably, nearing the milestone of $680 million in assets despite only being launched last December. This stablecoin became one of the most used stablecoins during the Bullish IPO period and has recently been included in the support list of Aave's newly launched lending market, Horizon. The rapid growth of RLUSD not only brings stable revenue streams to Ripple but also reinforces XRP's central position in cross-border payments and the DeFi ecosystem, creating a positive feedback loop effect with XRP's price.
Macroeconomic Environment and Market Sentiment Alignment
The rate cut expectations hinted by Federal Reserve Chairman Powell may provide liquidity support for the cryptocurrency market in September, and the rebound in risk asset preference will benefit the performance of mainstream tokens such as XRP. Additionally, as XRP is still in a value trough relative to major coins like Bitcoin, the fund rotation effect may drive it to achieve excess returns.
[Conclusion]
The four catalysts of technical aspects, regulatory expectations, ecological development, and stablecoin expansion created a rare resonance in September, giving XRP the potential to break through historical ranges. Investors should focus on the effectiveness of the key support level at $2.6, the SEC's latest statements on ETF approvals, and the actual data of RWA ecological developments. Although the $5 target seems aggressive, if multiple favorable information is realized simultaneously, XRP is expected to replicate the explosive rise of other mainstream tokens in history. It is recommended that investors closely monitor market changes at key time points in September while strictly controlling risks.