• XRP holds $2.50 support, signaling a possible bullish reversal.
• Analysts foresee targets between $9.50 and $1,000 with growing adoption.
• Accumulation now could yield major gains as institutional interest increases.

Ripple’s XRP has fallen sharply, slipping to $2.50 after losing over 30% since July. Many traders view this pullback as a rare opportunity rather than a reason to panic. The digital asset appears to be preparing for a strong rebound that could surprise those sitting on the sidelines. With several bullish technical signals flashing and long-term fundamentals improving, XRP might soon move from accumulation to acceleration.

Technical Setup Points Toward a Possible Reversal

XRP recently dropped 12.5% in a week, testing the $2.50 support zone. Holding above this level could mark a crucial turning point for the token. Analysts say XRP must reclaim the 200-day simple moving average near $2.58 to confirm strength. A daily close above that mark often precedes strong rallies, as seen in July’s sharp recovery.

Once buyers push the price beyond $2.70, XRP could establish a new support zone around $2.80. That range aligns with both the 50-day and 200-day moving averages, making it a key confirmation level for bullish momentum. Technical analyst Egrag Crypto noted that XRP trades within a descending broadening wedge pattern. Historically, this setup has a 57% chance of breaking to the upside.

If buyers manage to push XRP through resistance, the next target could reach around $9.50. A downside break could drop the price to $0.50, which analysts view as a prime accumulation area before another major upswing.Elliott Wave analyst XForceGlobal added that XRP remains bullish on a macro scale. The current range represents a confirmation stage before entering the next impulsive move, known as wave 3.

Why $2.50 Could Be a Strategic Entry Point

At $2.50, XRP looks undervalued compared to its projected long-term potential. Analysts predict that in a month or two, the price range for accumulation may rise between $10 and $20. If XRP experiences a parabolic move similar to early 2018, the token could reach $100, $300, or even $1,000 in early 2026. Even without extreme volatility, XRP’s future appears strong due to growing institutional adoption.

Banks and financial institutions across the globe continue to explore Ripple’s technology for cross-border payments. As more capital flows through XRP’s network, valuations between $100 and $1,000 become more realistic.The current phase may therefore represent the calm before a major breakout. Traders accumulating during this consolidation could benefit when global utility drives demand.

Every major crypto rally begins with quiet accumulation periods like this one. XRP sits at a critical juncture. The $2.50 mark could either confirm a bottom or signal more pain if support fails. However, technical and fundamental factors lean toward a rebound. Long-term investors who understand XRP’s utility in global finance might view today’s price as a discount.