XRP failed to hold $3.12 and faces immediate resistance at $3.30. Onchain data shows accumulation between $2.70 to $3.00. Chart fractals suggest a potential 60%–85% rally into Q4. XRP posted an 18% rally in September but failed to breach $3.20. Bulls need to reclaim $3.18 for meaningful continuation.

Despite short-term setbacks, XRP shows sustained bullish momentum. Net Holder position change has been positive since Aug. 22. Accumulation in $2.70–$3 range indicates investors positioning for upside. Realized Profit/Loss Ratio has flattened but recently rose sharply, reflecting a constructive long-term backdrop for XRP.

XRP’s repeating market fractal remains a bullish anchor, with a potential 60–85% rally in Q4. Q1 structure aligned with current Q3 setup, implying a $5.00-$5.50 range target from the current $3 level. This projection sets the stage for a potential breakout for XRP.

Read more at Cointelegraph: XRP Fails to Break Downtrend But Bullish Plan Remains Valid