4 Factors that Could Drive XRP Price Up to $5

Jakarta, Pintu News – The price of XRP (XRP) was flat throughout August as bulls struggled to retest this year’s all-time high. However, citing a Coingape report, the Ripple token has the potential to bounce back and may even hit $5 in September.

This article will discuss the four main factors that could drive such an increase.

XRP price could break $5 thanks to strong technical signals

Technical analysis on the daily chart suggests that XRP’s current price consolidation phase is likely to be temporary. This chart shows that Ripple has formed three chart patterns that could potentially trigger a price spike.

Read also: Whale Scoops Up $750 Million in XRP — Is a Price Surge on the Horizon?

The first pattern is the falling wedge, which started forming since XRP reached its highest level in July. This pattern is characterized by two declining trend lines that are approaching each other.

In addition, XRP also formed a bullish pennant pattern, where the wedge is part of the triangle of the pattern. Most importantly, XRP also created a cup-and-handle pattern, which is often a sign of uptrend continuation.

Therefore, Ripple’s long-term price outlook is seen as bullish, with a potential target of $5. However, if the price drops below $2.6, then this positive projection could be canceled.

SEC could approve XRP ETF in October

The biggest driver of XRP price right now is the fact that the SEC is reviewing eleven XRP ETF proposals from companies such as Canary, WisdomTree, and Franklin Templeton.

In its latest statement, the SEC set a deadline for most of these proposals in October. After several previous delays, it is likely that the Paul Atkins-led authority will not delay again.

As such, the price of Ripple has the potential to surge as the deadline approaches. What’s more, many analysts predict that the XRP ETF will attract significant fund flows in its first year.

XRP Ledger Shows Rapid Growth in RWA Tokenization

The price of XRP has the potential to surge as more companies start adopting Ripple’s technology for the development ofreal-world assets ( RWA) tokenization.

Read also: 21Shares Officially Files First SEI ETF with SEC, Ready to Make History?

Recent data shows that XRP Ledger is one of the fastest growing blockchains in the RWA sector. The value of RWA assets on this network increased by 25% in the last 30 days, a trend that is likely to continue in the next few months.

The largest project in the RWA XRP Ledger ecosystem at the moment is VERT Capital, which has launched a $115 million fund on the network. Other major projects include OpenEden and Ondo.

RLUSD growth could boost Ripple price

The XRP price could break $5 in September as the Ripple USD (RLUSD) stablecoin continues its strong growth. The stablecoin has already reached over $680 million in assets, a remarkable achievement for a project that only launched in December last year.

RLUSD has recorded various milestones since its launch. One of them is being one of the main stablecoins used during the recent Bullish IPO. Most recently, RLUSD has also been added to Horizon, Aave’s latest lending platform.

Another driving factor that could lift XRP prices in September is market expectations of interest rate cuts by the Federal Reserve, which Jerome Powell had alluded to.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Top 4 Reasons XRP Price Could Surge to $5 in September. Accessed on August 29, 2025