The XRP Ledger token, XRP, traded near $3 for the first time since Aug. 27. XRP price’s recent rally, which helped the token gain over 10% in Sept. 2025, resulted in analysts pointing to bullish structures across charts, framing the setup as an early sign of broader momentum. Calls for near-term breakouts gained traction, with traders highlighting resistance tests and reversal cues.
At the same time, underlying exchange trends hinted at significant shifts in liquidity, adding weight to the token’s next move.
Exchange Inflows Cloud XRP’s Bullish Setup
Independent analyst CryptoOnChain shared in an X post that XRP exchange reserves jumped sharply at the start of Sept. 2025. Binance recorded an inflow of about 610 million tokens, taking its balance to 3.53 billion.
Bithumb saw an even larger increase, with holdings climbing from 1.64 billion to 2.51 billion. Bybit reserves nearly doubled from 188 million to 380 million, while OKX balances rose from 112 million to 233 million. The moves pushed exchange reserves across major platforms to their highest levels in months.
Such large inflows often signaled the arrival of sell-side liquidity. When tokens move from private wallets to exchanges, traders prepare to offload positions. That dynamic contrasted the bullish narrative spreading across social media, where analysts projected higher targets and suggested that XRP’s chart had completed a key reversal. The exchange spike introduced a more cautious perspective, as supply pressure frequently weighed on price action once demand weakened.
Despite the surge in reserves, XRP held firm. Technical indicators pointed to easing sell pressure. Relative Strength Index readings rebounded from near-oversold levels, and MACD bars suggested declining bearish momentum. CrypytoOnChain viewed the $2.73 area as strong support, framing it as needed for further upside.
If XRP defended support, the token could move toward $3.34 and $3.58. However, a break below the zone risked triggering heavier selling, given the amount of supply already loaded onto exchanges. The dual backdrop left the XRP USD pair at a critical point. Bulls pressed the case for breakout targets, but the scale of inflows hinted that bearish risks had not disappeared. The next decisive move would likely resolve the tension between sentiment and supply.
Analysts Frame Bold Targets Amid Shifting Market Signals
Trader sentiment around XRP turned notably bullish as several analysts outlined aggressive price projections.
Trader Daink set a short-term target of $3.20, noting that the token was testing a breakout zone. His chart emphasized a range retest and projected higher momentum if buyers held control at the newly established base.
Another trader, with the X username Garv, adopted a far more ambitious outlook. He claimed XRP would never trade below $3 again and posted a flag breakout structure pointing to levels above $15. The chart showed a flag formation, and the pole projected to highlight the theoretical price target of the move. Such a call positioned XRP for a fivefold rally, although the scale of the target invited questions about its feasibility given market conditions.
XRP Prints Higher Highs
Meanwhile, independent analyst Henry stressed that XRP displayed a “change of character” on daily charts. The analyst argued that the token had moved from a downtrend into a reversal phase by printing higher highs. According to Henry, the shift opened the door to easy entries with a favorable risk-to-reward profile. The commentary reinforced the idea that XRP’s structure had flipped bullish, leaving traders with setups to plan for continuation.
These projections came as XRP price held near $3 despite the inflow of tokens onto exchanges. While exchange reserves increased, price action did not show immediate weakness. On one side, traders projected clear upside structures and bold targets. On the other hand, exchange data suggested that supply pressure might cap rallies if demand failed to expand.
The opposing signals left XRP’s near-term direction resting on whether bullish sentiment could outweigh the looming presence of fresh liquidity.