๐—๐‘๐ ๐“๐š๐ซ๐ ๐ž๐ญ๐ฌ $๐Ÿ“ โ€“ ๐“๐ก๐ž ๐“๐ž๐œ๐ก๐ง๐ข๐œ๐š๐ฅ ๐’๐ž๐ญ๐ฎ๐ฉ ๐๐จ๐ข๐ง๐ญ๐ข๐ง๐  ๐“๐จ ๐Œ๐š๐ฃ๐จ๐ซ ๐”๐ฉ๐ฌ๐ข๐๐ž

Despite short-term swings, $XRPโ€™s journey toward $5 is still in motion. After a strong July rally lifting the price from around $2.40 to nearly $3.60, the market is now consolidating near $3.20. This base is holding above key moving averages โ€” the 20-day EMA at $3.05 and the 50-day EMA at $2.79 โ€” highlighting a solid bullish backdrop.

Technical View

XRP is encountering resistance in the $3.35โ€“$3.40 range, marked by a descending trendline from late July highs. A clean break above $3.60 could open the way to the psychological $4.00 mark, with $5 within reach after that. Staying above the EMAs is essential, as dips into these levels may serve as ideal accumulation zones for long-term holders.

Growth Drivers

Rising market optimism, wider adoption in payment systems, and strong fundamentals remain key forces fueling the upside. If momentum strengthens, these elements could work together to break resistance and push XRP into its next rally phase.

Final Take

While minor pullbacks may occur, the broader trend stays bullish. Regaining the $3.60 level decisively could trigger a new surge, putting XRP firmly on track toward its $5 target.