🟢 Experts say that $XRP could bounce back to $3.4 in September – Can it happen?
Right now, $XRP is around $2.84, and if you've been watching the chart like I have, you'll see it has been sliding down since that big peak at $3.66. On the daily candles, it's testing the 99-day EMA again. To me, this level feels like a true battleground: if it breaks, we could see $2.50; if it holds strong, I think it’s gearing up for a bounce.
What caught my attention this week is how divided analysts are. Finbold's AI model places XRP around $3.28 for early September, CoinCodex shows an average of around $2.97, and even Google's Gemini forecast gives it a chance to reach $3.40 if it builds momentum. Then you have the bolder ones like Financemagnates talking about a rise to $6 or $9, and some chart analysts at Crypto Basic even pointing to a monstrous target of $28. Honestly, I'm still not chasing those moon numbers: I'm focusing on whether XRP can first reclaim that $3.40 area.
On the development side, Ripple has been busy with cross-border payment expansions, and there have been rumors about new institutional partnerships coming into play this quarter. If those announcements come while Bitcoin remains stable, I don't see why XRP can't shake off this current weakness. The fact that it has already risen nearly 400% year-over-year tells me the larger trend is still alive, even if the short-term candles look ugly.
From where I stand, September feels like a turning point: either we bounce from this support and move towards $3.40 again, or the floor slips and we get cheaper entries around $2.50. I'm leaning towards the bounce, but I’m staying alert to the charts and news because XRP has a way of surprising everyone.