XRP’s macro structure is showing signs of a potential bullish continuation as Wave Five develops. Improving technical conditions, stronger market participation, and resilient institutional demand reinforce the recovery narrative for XRP, although further upside will depend on sustained momentum and favorable broader crypto market conditions.
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At the time of writing, XRP is trading at $1.41 with a 24-hour trading volume of $1.64 billion and a market capitalization of $88.47 billion. However, the XRP price has remained stable over the last 24 hours.
Source: CoinMarketCap
XRP Price Eyes $27 as Wave 5 Rally Takes Shape
The crypto analyst EGRAG CRYPTO revealed that the XRP price is drawing attention as a macro Elliott Wave analysis points toward a potential Wave 5 advance. The setup identifies $6.19–$8.07 as the first major target zone, where resistance and profit-taking could emerge.
A sustained breakout above this area could strengthen the broader bullish structure and expose XRP to significantly higher extensions ahead.
The analysis places $11.45 as a stronger Wave 5 extension, followed by $13+ in a potential cycle expansion phase. If momentum accelerates significantly, the XRP price could challenge $17+, while an exceptionally strong macro cycle could reach $27+.
These projections remain technical scenarios, not guarantees, and depend on sustained demand, liquidity, momentum, and broader market strength.
Also Read: XRP Price Breaks Resistance as Buyers Target $2 Recovery Milestone
XRP Price Structure Points to Bullish Outlook
According to the TradingView chart analysis, the XRP demonstrates that it has been experiencing an extended downtrend during the period of June to early August.
The XRP price has been staying under pressure under the significant moving averages before hitting a bottom of around $1.00. Weak volatility at the time of consolidation resulted in the tight Bollinger Bands.
Source: TradingView
The XRP price gained momentum to go above the $1.70 level in an aggressive move at the end of August. Post a fast retracement, XRP is trading with support at $1.41.
Importantly, XRP is holding above all its 20, 50, 100, and 200-day EMAs, which indicates that the entire situation has changed from bearish to bullish.
XRP Market Activity Rises With Increasing Volume
Coinglass data also pointed out that the derivatives market for XRP indicates both positive and negative momentum. While its trading volume went up by 14.81% to $2.84 billion, its open interest fell by 1.49% to $3.11 billion.
Such divergence indicates a potential increase in volatility of the market because of traders’ reassessment of the prospects of the coin.
Source: Coinglass
Despite the bullish price predictions and improving technicals and increasing volume, the XRP price is moving in a neutral territory. This move is also backed by the cautious environment in the crypto market as the BTC price has cooled down after the recent surge.
XRP ETF Inflows Signal Strong Institutional Demand
The data from BankXRP further highlighted that US spot XRP ETFs have been able to attract further capital, having registered net inflows worth $18.96 million for the week.
These numbers show that interest in investment in regulated XRP is still high despite the volatile sentiments prevailing in the crypto markets. ETF purchases may prove to be an important source of institutional backing for XRP.
Source: BankXRP’s X Post
Investors’ assets in the United States spot XRP ETFs amount to $1.48 billion, while the total net inflows equal $1.68 billion.
This highlights the increased institutional involvement in XRP investments through ETFs, enabling investors to invest in XRP without handling the tokens themselves. The continued influx of capital into ETFs can bolster the institutional use narrative for XRP.
What Happens Next?
The XRP price’s next move will depend on sustained buying pressure, key resistance levels, and broader crypto sentiment.
A confirmed breakout could strengthen the Wave 5 thesis and push higher targets into focus, while renewed selling may trigger consolidation. Traders will closely monitor ETF inflows, derivatives activity, trading volume, and XRP’s ability to maintain its bullish technical structure.
Also Read: XRP Price Eyes $60 as Decade-Long Chart Pattern Nears Major Breakout
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
