Crypto analyst EGRAG says XRP may be replicating the rare three-month green-candle sequence seen during its 2016 accumulation phase, which historically preceded a major rally. XRP has recorded two green monthly candles in 2026, and EGRAG says a positive September close would complete the parallel, while stressing that the comparison is not a guarantee. Other analysts have identified bullish signals: Ali Martinez says XRP completed the right shoulder of an inverse head-and-shoulders pattern after a 27.6% rally from $1.25 to $1.58, while whales recently accumulated more than $2 billion worth of XRP. A break above the $1.60 neckline could point to a 30% move toward $2, according to Ali Charts. Peter Brandt has projected a potential rise to $5.40, or 257%, based on long-term trend channels and moving averages, while warning that his chart is not a trade recommendation. XRP traded at $1.52 Wednesday, down 3% after retreating from an intraday high near $1.66, but remained above its major exponential moving averages. Its relative strength index was 61.99, below last month's overbought reading above 78 but above its 54.81 signal line.