The analysis discusses XRP, suggesting a bullish outlook based on several technical indicators. A bullish crossover on the MACD, successful bullish retest on the 2-week timeframe, bullish flip of the trend ribbon on the weekly timeframe, and upward-sloping multi-year trendline active since 2021. Whales closing short positions, and XRP ledger hitting 7.3 million addresses support the bull trend. A 89% chance of a rate cut in September, could boost it further. The target price for XRP is $4.50 and keeping leverage low is recommended, with a failure price to put the stops at 2.70. These price levels are derived from a trend-based Fibonacci extension tool. The price is projected to hit $4.50 within the next 6 months.