XRPUSD briefly dipped below the $3 mark earlier today, marking a bearish correction following recent gains. However, the cryptocurrency quickly rebounded and is currently trading just above this key level.

Market analysts suggest XRP could see a stronger bullish move by next month. It remains uncertain whether the asset will consolidate before a decisive breakout or continue climbing gradually in the near term.

Analyst Predicts XRP Could Reach $15 by September

One XRP-focused analyst, Zack Rector, recently predicted the token could reach $5 soon and potentially hit $15 by September. These bold forecasts have sparked both skepticism and excitement across the community.

Initially doubtful, the author investigated further and found that several other analysts have also shared bullish targets, citing technical patterns and historical price behavior. A surge from the current $3 level to $15 within six weeks would imply a 360% gain—an aggressive move, but not unprecedented in the volatile world of cryptocurrencies.

XRPUSD, H1 Chart, Source: TradingView
XRPUSD, H1 Chart, Source: TradingView

Still, past predictions such as the infamous "$589 XRP" forecast from 2018 serve as cautionary reminders. While optimistic, the analyst now approaches the outlook with caution, adopting a strategy based on price alerts and staged profit-taking.