XRP News Today: XRP $30 rise depends on textbook-style Elliott Wave 5 Settings
Source: CoinWorld
Time: 2025-09-08 23:39:13
Amid the backdrop of a sharp rise by analysts, XRP rose 4%, and technical analysis shows that as it enters Elliott's fifth wave, prices may soar to $8-30. Ripple's acquisition of Rail Financial and launch of RLUSD stablecoin is designed to enhance its cross-border utility, while the passage of ISO 20022 and the resolution of the Securities and Exchange Commission (SEC) case strengthens its institutional appeal. ETF approval in October could further boost demand, with a key support of $2.85 that is crucial to maintaining the upward momentum.