XRP has emerged as a focal point in crypto markets as institutional backing converges with technical breakout patterns. The token currently trades around $2.86 after forming key support structures.
Analyst Javon Marks has identified a critical setup where XRP could deliver a 66% rally to $4.80. His analysis hinges on the token maintaining support above $2.47.
At the current state of the market, not much has changed with $XRP's target at $4.80 as its prices continue to hold above a key $2.47 level!
As long as this level holds, prices may only be prepping for another +66% upside… https://t.co/p3S1yTtGfR pic.twitter.com/SPjqtCNVSl
— JAVON⚡️MARKS (@JavonTM1) September 3, 2025
The technical foundation shows XRP defending lower boundaries effectively. Past consolidations at similar levels have often preceded steep upward moves.
Chart patterns reveal a descending channel on daily timeframes. Price has tested this structure repeatedly while gravitating near current levels.
The bounce from $2.65 demonstrates active buying interest at lower ranges. Overhead resistance sits near $3.40 based on recent price action.
A separate technical view from trader Crypt0Senseii highlights a bull flag formation. This pattern emerged after XRP surged 66% from $2.20 to $3.60 in recent weeks.
🔥 #XRP chart signals a run toward $5?! with a spot ETF on the horizon! pic.twitter.com/6P9O9KV5VE
— CryptoSensei (@Crypt0Senseii) September 3, 2025
VivoPower and Doppler Finance have launched a $30 million XRP treasury initiative. The companies plan to scale this commitment to $200 million over time.
VivoPower $VVPR Partners with Doppler Finance for Institutional XRP and RLUSD Yield Programs: Maximizing Returns on Crypto Treasury Strategyhttps://t.co/L0SRty8aL4 pic.twitter.com/jhQzwMlw49
— VivoPower (@Vivo_Power) September 2, 2025
This move follows VivoPower’s earlier $100 million purchase of Ripple shares. The strategy centers on building long-term yield generation through XRP holdings.
Network data shows daily transaction volumes ranging from $350 million to $900 million. These flows indicate strong utility-based demand for XRP.
South Korea’s XRP community now represents nearly 20% of total supply according to executives. This geographic concentration reflects growing regional adoption.
The treasury commitments add institutional credibility beyond typical trading activity. Capital inflows at this scale suggest confidence in XRP’s long-term prospects.
Current resistance zones cluster around the $3.00 to $3.08 range. A breakout above these levels could trigger the next leg higher.
Support structures remain intact at $2.68 and the 200-day moving average at $2.48. The $2.20 level serves as major base support from recent lows.
The RSI indicator sits around 45, showing neutral territory. This positioning leaves room for upward movement without overbought conditions.
Price targets from multiple analysts converge near the $5.00 level. This represents roughly 77% upside from current trading ranges.
The measured moves from recent patterns support these projections. Historical swings suggest similar magnitude moves remain possible.
Volume patterns during recent consolidation show accumulation behavior. This activity often precedes breakout moves in either direction.
Spot ETF speculation has added another layer of potential catalyst. Growing institutional interest could accelerate any technical breakout.
The combination of technical patterns and fundamental developments creates multiple pathways for upward movement. XRP currently holds above key support while building toward resistance tests.
Network transaction volumes near $900 million daily demonstrate real utility beyond speculative trading cycles.
The post XRP (XRP) Price Prediction: Bullish Chart Pattern Points to 66% Rally as $30M Treasury Push Drives Momentum appeared first on CoinCentral.
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