XRP is trading near $1.54 as the weekend begins, with market participants noting similarities to the previous weekend's conditions that preceded a sharp rally.
On Saturday, September 26, XRP was priced at approximately $1.54 with a market capitalization near $96.85 billion. The 24-hour trading volume reached $6.73 billion, representing a 40.5% increase from the preceding day, while the asset's daily range extended from roughly $1.54 to $1.62.
Last Weekend's Rally
The previous weekend saw XRP fall to $1.3695 on Sunday, September 20, before reversing course. The recovery gained momentum through the following week, reaching $1.6071 on Tuesday, September 22. This represented a 17.3% gain from the Sunday low and approximately 14% above the prior Saturday close of $1.4103.
The move continued into Wednesday when XRP briefly touched $1.6556 before closing at $1.5011.
Mathematical Comparison
Analysts note that if XRP repeats the percentage gains from last week's rally, mathematical calculations point to specific price levels. A 14% increase from the current $1.54 price would place XRP near $1.76, while a 17.3% increase would target approximately $1.81.
These comparisons reflect the size of the previous move only and do not constitute price forecasts. Historical price patterns do not ensure that similar moves will recur, and multiple factors influence cryptocurrency prices over any given period.
The current setup differs from the previous weekend in that XRP is entering from a higher base price, having already tested $1.62 in recent trading.
