XRP Price Could See 20% Bounce To $3.4 If This Trendline Holds
05 Sept 2025 · 10:00 UTC · NewsBTC RSS Feed · Original source
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Summary
The XRP price is still showing bullish momentum despite the previous wave of downtrends. After falling below $2.8, a quick bounce was able to reclaim this level once again as support, putting it on a path lined with further gains. ... If sell-offs continue to pile on at this level, then XRP could crash below $2, leading to another bear market.
Why it matters
The credibility of the analysis is relatively strong due to previous bullish momentum and the current position above key support levels. Should XRP manage to breach the ascending trendline, buying pressure could escalate, particularly if sentiment remains positive. However, the market faces risks if the price drops below critical support levels, potentially shifting sentiment to bearish, which could suppress prices further.
Expected impact
The analysis suggests a potential bullish move for XRP, with the price possibly bouncing to $3.4 if a crucial trendline holds. This could generate enthusiasm in the market, attracting bulls back into the game. A failure to maintain support levels could lead to bearish sentiment, causing a sell-off.