XRP is currently facing a price dip, prompting questions about when buyers ("bulls") might step in to reverse the trend. As of September 26, 2025, XRP is trading around $2.73 to $2.87. Over the past week, XRP has fallen by approximately 10.31%, and its monthly performance shows a decrease of 8.46%.

Technical Analysis and Potential Support Levels

Technical analysis suggests a few possible scenarios and support levels to watch. Ali Martinez noted that XRP had defended the $2.71 support level, which could lead to a rebound toward $3.60. However, other analysts believe XRP is at a crossroads, testing resistance in the $2.65–$2.70 range. A breakout above this range could trigger a rally to $3.20, while a failure to break through might result in a crash to $2.20. If bulls defend the $2.83–$2.80 support zone, a rebound toward $2.95–$3.00 is possible. A strong daily close above $3.00 could open the door for a retest of $3.10–$3.20 by the end of the month. Conversely, a breakdown below $2.80 risks a slide toward the 200-day EMA at $2.59, which remains the key long-term support level.

The Relative Strength Index (RSI) for XRP has dipped to oversold levels (around 30), which often indicates that a rebound is likely. Readings below 30 are typically viewed as bullish, while those above 70 might suggest an upcoming pullback.

Potential Catalysts for a Rebound

Several factors could act as catalysts for an XRP price rebound:

• Spot XRP ETFs: The approval and launch of spot XRP ETFs are seen as a major potential driver for increased demand and price appreciation. The newly launched XRP spot ETF has exceeded expectations, recording $37.7 million in trading volume on its first day.
• Elliott Wave Pattern: Some analysts are applying Elliott Wave analysis, suggesting that XRP is in the impulse phase and that a strong rebound is likely in the coming weeks.
• Bullish Chart Patterns: XRP has formed bullish patterns like a flag and cup-and-handle, potentially leading to more gains. A "coiling spring" pattern has also been identified, suggesting a possible rally toward $4.03.
• Strong Community Support: Ripple CEO Brad Garlinghouse has expressed enthusiasm for the strong XRP community, particularly in South Korea, which could contribute to positive momentum.

Bearish Sentiment and Alternative Perspectives

Despite the potential for a rebound, it's important to acknowledge the bearish sentiment in the market. Changelly's analysis of technical indicators suggests a bearish market feeling, with a Fear & Greed Index score of 28 (Fear). Some analysts have also toned down previous bullish predictions, anticipating a lower cap of around $5 due to repeated resistance at $3, declining volumes, and macroeconomic headwinds.

Price Predictions and Future Outlook

Despite the recent dip, several analysts remain optimistic about XRP's future price potential:

• Some predict that XRP could reach $3.20 or even $3.60 in the near term.
• Technical analysis suggests a potential rally toward $4.03 if the "coiling spring" pattern plays out.
• One analysis points to a massive Ripple price rally to $27, based on a similar structure observed between 2014 and 2016.
• Analysts predict that by 2026, XRP could break through $30 and even challenge a target price of $34, driven by institutional capital inflows and the possibility of spot ETF approval.
• Some analysts predict XRP to hit the $10 mark before the end of 2025.

Disclaimer: It's important to remember that cryptocurrency markets are highly volatile, and price predictions are speculative. Always do your own research and due diligence before investing in cryptocurrencies.