XRP Price Explosion to $5 Faces September Hurdles
Analysts question whether an XRP price explosion to $5 can overcome September volatility. The key $2.74 support level is under threat after bearish August momentum. Data from Coinalyze shows muted sentiment: although funding rates remain positive, open interest is sliding, signaling short-term pessimism. Daily trading volume, on-balance volume (OBV) and RSI point to selling pressure. With Bitcoin also expected to dip toward $100,000, XRP bulls face headwinds. Historically, XRP has recorded a price explosion of over 15% in September only twice since 2017, whereas January, February and July have been more reliable. Analysts now expect a dip toward $2.40 before any potential rebound toward a $5 target, likely deferring a full XRP price explosion until Q4 2025. A surge in buying volume and a bullish Bitcoin performance are needed to spark the next leg higher. This outlook dims hopes for an XRP price explosion this month, pointing to consolidation or pullback through September.
Bearish
Technical indicators on XRP’s daily chart—declining volume, on-balance volume (OBV) downtrend and RSI below 50—signal prevailing selling pressure. Historical data shows September has rarely fostered strong XRP rallies, with only two 15%+ gains since 2017. A threatened $2.74 support level and sliding open interest further underscore short-term bearish bias. Additionally, an anticipated Bitcoin pullback toward $100,000 is likely to weigh on XRP sentiment. While a rebound to $5 is possible, it would require a significant shift in funding rates, renewed buying volume and a bullish Bitcoin performance. This combination is unlikely in September, suggesting consolidation or a drop toward $2.40 before any meaningful rally. By Q4 2025, structural factors could align for a renewed XRP price explosion, but near-term risks remain bearish.