Expectations for XRP are running high: several crypto analysts speculate that the price could rise quickly, potentially surpassing $3.10. The probability of this happening is estimated at 86%. Where do these expectations come from, and where could the price of XRP be heading?

XRP price over the past week

XRP recently broke through the psychological barrier of $3.00, driven by increasing interest from institutional investors. There was a significant inflow to exchanges, with an increase of $1.2 billion in XRP reserves on major platforms, while XRP climbed above $3. Despite this momentum, there is also selling pressure: around $693 million could limit further gains. If the price of XRP manages to hold above $3.02, there is a strong chance it could rise towards $3.60.

Signals of an XRP bull run

Institutional volumes have surged in recent days, directly impacting price action. Major trading platforms report growing demand for XRP futures and derivatives, suggesting that professional investors and hedge funds are increasingly taking positions.

The requested XRP ETFs are close to approval. Several major asset managers submitted revised ETF applications in August. These included improvements to creation/redemption mechanisms (such as “in-kind” options), addressing earlier feedback from the SEC. These adjustments could now pave the way for ETF approval, especially since the SEC is no longer in legal conflict with Ripple and has fewer reasons to reject the applications. Institutional inflows are expected to be significant, with estimates ranging from $5–8 billion in the first year after launch.

Ripple‘s stablecoin RLUSD is also attracting attention. The project has already surpassed $700 million in underlying assets. At the same time, there are concerns: RLUSD trading volume has recently dropped sharply (by more than 57%), and Ripple has not minted new RLUSD tokens for over 41 days – possibly as a strategic pause. Some analysts interpret this as a sign that Ripple is waiting for regulated launches in new markets.

Analysts‘ XRP price predictions

Analysts suggest that a successful breakout above $3.02 could push the price towards $3.60. Expert Armando Pantoja notes that in the long term the price could even move towards four figures, although he warns this will not happen in the short term.

Crypto analyst CryptoBull has shared a chart online outlining possible long-term price zones for XRP. The chart consists of three segments: the red zone, the light green zone, and the dark green zone. According to the analyst, XRP is still in what he calls the undervalued red zone. The dark green zone ranges between $4 and $45, while the light green zone suggests XRP could reach between $45 and $250. Several upward scenarios are outlined. The analyst compares these scenarios to the explosive bull run of 2017, when XRP also surged dramatically from a long accumulation phase.

Conclusion

The combination of technical signals, rising institutional volumes, and the prospect of an approved XRP ETF paints a picture of XRP entering a crucial phase. Ripple‘s steps into the stablecoin market with RLUSD further suggest that the fundamentals are expanding beyond speculation alone, creating an ecosystem that can attract both investors and businesses.

There are, however, risks. The current selling pressure of hundreds of millions of dollars shows that not every rise is guaranteed. Moreover, the market remains dependent on external factors such as regulation, macroeconomic conditions, and overall sentiment in the crypto space.

What is clear is that expectations are high. If XRP manages to hold above $3.02 and institutional product inflows materialise, a new bull run could mark the beginning of a historic chapter. The coming weeks will be decisive in determining whether XRP makes the leap to new highs – or whether investors will need to be patient a while longer.

Disclaimer: This is not financial advice. Always consider conducting your own research and seeking professional guidance.