Zooming into the shorter 4-hour timeframe, the breaking down of the descending triangle pattern garners attention. This pattern breach was accompanied by a retest, signaling the market's acknowledgement of this technical development. The projected target of this descending triangle pattern lies at $0.54. In the present scenario, $0.54 occupies a central position for XRP, indicating a convergence of sentiment and price action. This convergence further underscores the anticipation of a price oscillation within the range of $0.55 to $0.54 before crystallizing a definitive trend direction. Analyzing the historic price increases and drops, $0.54 is the target for the month of September 2023.