XRP’s price action is drawing attention from analysts as it approaches a potential bullish wave this quarter. Recent activity suggests institutional interest and positive signals for continued growth. Key factors driving the analysis include: Korean exchanges purchasing over $45 million worth of XRP during a recent dip, signaling strong demand from institutional players. 20% surge in XRP Ledger activity ahead of the upcoming Decentralized Media event further indicates a potential positive momentum. Charting Guy’s analysis points to a possible rebound toward support levels around $2.70–$2.75, with $4.16, $4.63, and $5.39 as expected price targets if the bullish pattern holds. While Charting Guy believes there is a chance for a short-term bearish pattern to form before a quick reversal, another analyst CryptoWZRD suggests that XRP might continue its upward movement once it breaks above the level of $2.83. Overall market sentiment and potential shifts in Bitcoin’s dominance will be crucial factors to watch over the coming weeks.