XRP could see a significant rally to $9.69, according to Elliott Wave analysis by CryptoInsightUK. After reaching a high of $3.66 in July 2025, XRP's price fell to $2.72 in September, marking the end of a corrective phase. Analysts suggest a bullish breakout is possible if support levels hold, with a potential Wave (3) rally on the horizon. However, a drop below $1.99 would negate this bullish outlook. Other analysts, including CrediBULL, have observed bullish divergences against Ethereum, indicating XRP might outperform ETH. Despite recent declines, there have been notable net outflows from Korean exchanges, while Coinbase and Bitstamp have reported net buying. Analyst Ali Martinez stresses the importance of maintaining support above $2.70 for XRP's recovery.