The cryptocurrency market continues to experience volatility, but XRP prices have been attracting attention after rebounding from a significant drop in August. On September 1st, the Ripple price surged 1.40% from its key support level of $2.75, prompting optimism among traders. Analysts attribute this move to expanding decentralized finance (DeFi) and increasing institutional interest, with the upcoming ProShares UXRP ETF potentially playing a significant role. The $3.0 threshold now stands as a crucial hurdle for XRP price. 1.40% upward movement indicates the key support level was met successfully, fueling hopes of a stronger rally towards the resistance of $3.70 and ultimately $4.0. 2.75 USD currently acts as a pivotal support zone for the price. The investor sentiment remains bullish after ProShares UXRP ETF’s success following the legal dispute with the SEC. 2.75 USD serves as a key support level, reflecting the renewed confidence in XRP. Nate Geraci’s recent statement that investor demand is being vastly undervalued, similar to spot Bitcoin and Ethereum ETFs currently traded widely, has further fueled optimism about broader adoption in future sessions. Furthermore, the wave of updated ETF filings with the U.S. SEC by firms like Grayscale, Bitwise, Canary, and 21Shares, all seeking approval for XRP spot ETFs. Technical analysis suggests a bullish breakout is likely as an analyst’s study revealed a descending triangle pattern forming in September. Reaching above the $2.90 to $3.0 hurdle zone could act as a decisive trigger for Ripple crypto. While short-term volatility remains, some long-term predictions by analysts foresee a potential XRP price rally that could extend far beyond near-term targets. Some projections even suggest a potential 10x gain for XRP crypto up to $27. Long-term bullishness hinges on overcoming the crucial $3.0 level and moving towards $3.70-$4.00, and further developing this trend.