Levi Rietveld, a well-known figure in the digital asset space and creator of Crypto Crusaders, has updated his XRP price target for September, moving away from more aggressive forecasts previously speculated in the market [1]. He now estimates a more realistic range of $3.5 to $5, emphasizing the need for cautious optimism. This revised target reflects current macroeconomic signals and the evolving regulatory landscape, which Rietveld views as critical factors in shaping XRP’s short-term trajectory [1].

Rietveld highlighted two potential catalysts that could influence XRP’s performance in September: Federal Reserve rate cuts and the potential approval of XRP-based ETFs. He noted that while rate cuts could provide a modest boost to risk assets, the actual impact on XRP is unlikely to be dramatic. However, the approval of XRP ETFs could introduce significant institutional demand, potentially pushing the price to the upper end of his forecast, around $5 per token [1].

In a separate analysis, Mr. Xoom, another crypto analyst, suggested a more bullish outlook, predicting a target of $7–$10 for XRP as part of Wave 5 in its current bullish cycle, using Elliott Wave Theory and recent market behavior as justification [2]. This projection contrasts with Rietveld’s tempered view and highlights the diversity of opinions among analysts regarding XRP’s near-term potential.

On-chain data also shows signs of accumulation. As of August 7, XRP’s Market Value to Realized Value (MVRV) ratio formed a golden cross, with short-term MVRV crossing above its 200-day moving average [3]. This pattern, historically observed only twice, has previously led to significant price surges of 630% and 54%. If XRP were to mirror its strongest historical performance—a 640% rally—it could rise to $24.42 from its current price of $3.30 [3].

However, whale activity has raised concerns about potential distribution pressures. Whale outflows have increased, with the 90-day moving average turning negative, signaling heavy selling from large holders [3]. This pattern is similar to one seen in early 2025, when XRP peaked before entering a correction phase. Analysts like Enigma Trader have warned that unless whale inflows return—typically above 5 million XRP per day—the token may remain under downward pressure [3].

Market conditions for XRP remain generally favorable. As of press time, XRP is trading at $3.32, reflecting a 0.65% increase in the past 24 hours and an 11% gain over the last week [3]. Analysts suggest that XRP needs to hold above $3.30 to secure a move toward $3.50, assuming continued bullish market conditions [3]. A recent rally was also observed following Ripple’s legal resolution with the U.S. Securities and Exchange Commission, with XRP rising from $2.99 to $3.30 in the 24 hours ending August 8 [4].

Despite the positive momentum, caution remains warranted. Mitrade noted that XRP could potentially pull back to $2.50 before resuming its upward trajectory, with some traders shifting focus to other assets for larger gains in 2025 [5]. Meanwhile, InteractiveCrypto has pointed out that XRP has already gained 18% year-to-date, outperforming similar assets [6].

With the SEC case now concluded and whale flows under close observation, the next few months will be crucial for XRP. Analysts are closely monitoring price behavior and on-chain metrics to determine whether the token is entering a new bullish phase or facing structural headwinds.

Sources: [1] Times (https://timestabloid.com/expert-updates-xrp-price-targets-get-ready-for-these-big-events/) [2] The (https://thecryptobasic.com/2025/08/09/expert-predicts-xrp-price-targets-for-wave-5/) [3] Finbold (https://finbold.com/xrp-price-prediction-this-indicator-hints-at-640-rally/) [4] yahoo.com (https://ca.finance.yahoo.com/news/xrp-bull-flag-points-8-033633170.html) [5] Mitrade (https://www.mitrade.com/insights/news/live-news/article-3-1020391-20250807) [6] InteractiveCrypto (https://www.interactivecrypto.com/xrp-price-prediction-could-ripple-surge-past-350-in-2025)