XRP Price Hovers Around $1.51 Amid Analyst Divide

XRP price hovers around $1.51 as analysts weigh in on its recent recovery. Some predict a breakout toward $2, while others warn of prolonged consolidation.

The token has shown a roughly 45.5% gain over the past three months, according to CryptoRank, but still lags behind year-to-date. September's quarter-end close is yet to occur, and analysts are divided on what's next for XRP.

Maison Cypher suggests consolidation above $1.50 after a move toward $1.6612, with the immediate obstacle being $1.66. A sustained breakout could open up 1.80-$2, but Maison also flags possible overheating on shorter timeframes.

Egrag looks to the 21 EMA test as a starting point for XRP's breakout roadmap, with failure to secure a close above it potentially bringing the 50 EMA near $1.30 into focus.