XRP faces brutal wipeout within 4 hours

XRP is once again at the center of a heated market debate, with some analysts forecasting the token could reach $5 by the end of this month. However, as of writing, the token has seen over $1.3 million in liquidation in the last four hours, according to the data.

CryptoBull, a crypto influencer and market commentator, shared a chart indicating that XRP has formed a breakout structure with potential for explosive upside to $5 over the next few weeks.

Davie Satoshi mentioned a possible cup-and-handle pattern on XRP's weekly chart, too, which is a classic bullish continuation pattern. The analysis suggests a decisive breakout over the $3.20 - $3.30 handle resistance could follow, with it higher, with targets of $30 in the long run during an altcoin bull cycle.

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Not everyone feels this optimism. Some traders contend that although on-chain utility continues to get stronger, XRP's price action will continue to be subject to market-wide influences, such as Bitcoin's seasonal downturn in September and global macroeconomic uncertainties.

Ripple steps into the policy arena

Even as debates around price forecasts rage on, Ripple has continued to strengthen its political and institutional presence.

Cassie Craddock, Ripple's UK managing director, confirmed on social media that she attended a high-profile roundtable at Downing Street during President Trump's state visit to the UK.

The roundtable included UK Chancellor Rachel Reeves, US Treasury Secretary Scott Bessent, and representatives from some of the largest firms in both the UK and the US.

Craddock pointed out that Ripple is "well-placed" to help foster transatlantic collaboration on digital assets, adding that Ripple will be helping to influence global norms for the adoption of blockchain. This engagement emphasizes Ripple's dual track of positioning XRP as both a financial instrument and a technology solution that aligns with policy.

mXRP launch strengthens the XRP ledger

Today, Ripple's ecosystem got even stronger when Midas and Axelar launched mXRP, the first yield-bearing liquid staked token on the XRP Ledger. mXRP was shown off at the XRPL Seoul conference. It lets holders earn 6–8% APY through lending and liquidity strategies while keeping their assets liquid for DeFi apps. This added to the momentum.

But, XRP Bollinger bands signal caution

XRP has been trading around $2.85–$2.97 range on the technical side and is in a narrowing squeeze on the Bollinger Bands.Bollinger bands of XRP. Source: TheStreetRoundtable on TradingView

This is usually indicative of a period of consolidation before there is a significant movement. With trading volume spiking over 200% in the past 24 hours, a breakout above $3.17 could bring additional upside potential. However, a price break below $2.77 could result in more losses.

Related: Why is everyone hyping Tuesday as Bitcoin’s big political day?

This story was originally reported by TheStreet on Sep 22, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.

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