XRP faced resistance at $3.20 and has slipped back to retest the $3 support after an 18% rally in early September. The altcoin's failure to maintain $3.12 has raised immediate resistance concerns, particularly at the $3.30 level, where bulls need to reclaim $3.18 for upward momentum. Onchain data indicates strong accumulation between $2.70 to $3, suggesting that investors are preparing for potential growth rather than exiting the market. The Realized Profit/Loss Ratio shows the strongest increase since November 2024, indicating that previous selling pressure has been absorbed, signaling new investors entering the space. Furthermore, technical chart fractals point to a potential rally of 60–85% in Q4, projecting XRP could reach the $5.00-$5.50 range. Despite recent failures, broader market signals suggest that bullish momentum for XRP remains intact.

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