XRP Price Eyes $3.60 as a Buy Signal Emerges with Positive Funding Rate

Highlights:

• XRP price is targeting $3.60 mark, as a buy signal emerges.
• The positive funding rate shows growing investor confidence in the XRP market.
• Positive technical signals indicate a potential rebound in the market.

In the past week, the crypto market had a strong market, with the market cap climbing above $4 trillion and the XRP price reaching $3.14. This came following the potential Fed rate cut optimism. Meanwhile, the XRP price is currently holding strong above $3, at $3.02, marking a slight 0.17% drop in a day. According to a famous crypto analyst, Ali Martinez, XRP is showing signs of a potential bounce in the market. The cross-border payment token has flashed a buy signal on the TD Sequential indicator. The XRP price is poised for a reversal after falling. 

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$XRP is ready to bounce as the TD Sequential flashed a buy signal! pic.twitter.com/dtTwPlAqoy

— Ali (@ali_charts) September 15, 2025

The TD Sequential indicator often suggests a buy when the market is at a certain oversold level or when price action has hit a significant low. The chart shows consecutive black candlesticks (a sign of a downtrend) and a flashing buy signal from the TD Sequential indicator. The setup suggests XRP could be in line for an upward movement, which could create an opportunity for a rebound.

XRP Price and Market Sentiment

Along with the technical analysis, market sentiment is an important indicator of future price movement of a cryptocurrency. One of the top metrics worth monitoring is the XRP OI-Weighted Funding Rate. This metric tracks the relationship between open interest and price. The chart shows that XRP’s funding rate has a fluctuating trend in the past weeks. On 15 Sep, XRP is priced at about $3.03, while the OI-Weighted funding rate was 0.0100%.

The funding rates curve can often be assessed as an overall sentiment curve. Given the positive funding rate, there is some optimism regarding the future of XRP. When more traders are betting the price will go up, the funding rate usually rises. This indicates a bullish trend. 

To put it broadly, a lot has happened to the XRP price chart in recent months. At the beginning of 2025, XRP managed to touch $3.50 but has since dropped back down. The graph indicates a symmetrical triangle pattern in which the price has been consolidating. However, the support zones at $3.00 and $2.51 further give the bulls wings for more upside. 

Also, the Relative Strength Index (RSI) at 53.58 indicates that XRP is at the neutral level. The price can continue the upward trend if it closes above its current resistance level at $3.14 in the coming days. The MACD also calls for more buy orders as it has made a bullish crossover. 

Is XRP Set for a Rally to $3.60?

The price is now on pause after a massive rally to $3.14, as the main support sits at $2.80 according to Ali Martinez. Moreover, if the key support zones hold, with surging volume, XRP could rally towards $3.60 and beyond. 

$2.80 is the most important support level for $XRP! pic.twitter.com/TH5osWEl3I

— Ali (@ali_charts) September 15, 2025

On the other hand, if support at $3.00 cracks, we might slide back to $2.80. Investors should keep an eye on volume. If it fades, it may be time to take profits. Looking ahead, the next few weeks could push the XRP price to $3.60 or higher if bullish sentiment holds.

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