XRP sticks to the support level of US$1.33, and analysts are optimistic about the target price of US

XRP holds on to the key support level of US$1.33, and analysts are optimistic about US$1.88 after a breakthrough.

On September 11, the XRP price fluctuated between US$1.329 and US$1.365, closing close to US$1.36, successfully maintaining above the key support level. The cryptocurrency market is closely watching XRP's defense of the $1.33 level, which market observers mark as a key "green area" on daily charts.

Technical Outlook: Potential upside target points to US$1.88

Traders focused on the chart structure of XRP, pointing out that the tokens have completed the first wave of gains (Wave 1) and are still in a rising flagging pattern. This pattern usually indicates that the market will continue to maintain a volatile consolidation before a potential upward reversal. Despite recent market pressures, XRP has not fallen below its established support levels.

Well-known analyst Dark Defender described XRP's recent price trend as "sinusoidal" fluctuations, that is, fluctuations within the green zone. He believes this is a typical feature of the continuous consolidation phase. The continuation of the rising flag pattern depends on whether XRP can maintain this level. If the price can stabilize above $1.33, the target price will still be set at $1.88 according to standard chart forecasts.

XRP formed an initial rising band (Wave 1) and has since been organized within the defined green support area. As long as the green areas on the daily chart are not destroyed, this continued rising flag-shaped structure indicates the possibility of a strong upward reversal. Market participants are closely monitoring daily closing prices. Any decline below $1.33 would weaken the current bullish pattern and could trigger further downside risks. However, continued resilience above this threshold is seen as a signal that bullish forecasts are still valid in the near term.

XRP's application scenarios drive institutional interest

In addition to technical analysis, XRP is receiving increasing attention for its practicality in payment and digital applications. Crypto analyst SMQKE highlighted a growing narrative view of distinguishing the attributes of XRP as a utility token, in contrast to Bitcoin, which is described as more speculative. This view reflects the widespread sentiment among some crypto commentators that market behavior is changing.

SMQKE pointed out that as institutional capital enters the crypto space, the traditional cyclical influence based on Bitcoin halving and retail driven activity is weakening. The argument is that institutional investors often act in a different way than individual traders, focusing more on the practicality of the asset.

It is worth noting that well-known asset management company WisdomTree pointed out in its report that XRP has increased by 45% this year, outperforming Bitcoin in one-month, three-month and one-year time frames. The agency also cited data saying that among all major cryptocurrencies, XRP has the lowest correlation with Bitcoin.

These data have become a powerful reference for those who advocate XRP as a practical solution for cross-border transactions and real-world use cases, and these features are increasingly attracting large market participants investing in digital assets. WisdomTree emphasized that XRP not only showed stronger returns than Bitcoin in multiple recent time frames, but also showed lower correlation with broader crypto market trends, further strengthening its role as a focus on practicality in institutional portfolios. The rationale for adoption of sexual assets.

Supporters of the XRP community view these statistics as a sign that demand has replaced speculation and believe it could shape the future direction of tokens. As a result, attention has shifted to developments that may strengthen XRP's role as a digital payment intermediary and its performance relative to other top cryptocurrencies.

Noun explanation: WisdomTree, a U.S. -based financial services company that provides exchange-traded funds (ETFs) and digital asset investment products, often cites cryptocurrency performance and market correlation data in its institutional research reports.