XRP Reclaims $3 as ETF Rulings Loom

XRP has reclaimed the $3 level after a three-day RSI “golden cross” and a retest of its 50-period EMA, technical signals that have preceded earlier rallies. Analysts cite near-term breakout targets roughly between $3.39 and $4.32 (including a $3.98 triangle target) and longer-term channel and Elliott‑Wave studies projecting upside toward ~$10 in mid‑2020s scenarios. On‑chain metrics now show whale accumulation, a steady percent‑supply‑in‑profit and rising short‑term retail positions — an alignment of big holders and traders that could fuel a decisive breakout. Institutional interest is growing: Japan’s SBI Holdings expanded institutional XRP lending services, and Nasdaq‑listed VivoPower raised about $19 million to support an XRP treasury strategy, signaling deeper liquidity and corporate adoption. A favorable macro backdrop and looming U.S. SEC rulings on spot XRP ETFs in mid‑October could act as catalysts for further gains or heightened volatility in the weeks ahead.