The $3 mark cannot be stopped! XRP approaches $3.10, technical signals suggest a new round of gains!

ChrisLarsen 2025-10-15 06:58 95794人围观 XRP

The U.S. dollar is critical for further gains, while failure risks a pullback to $2.90 to $2.80. Institutional ETF flows supported the outlook. XRP nears $3.00 US...

XRP trades near $3.00 after a double bottom breakout, but rejection at $3.10 creates short-term pressure; a hold at $3.00 will be crucial for further gains, while failure risks a pullback to $2.90 to $2.80. Institutional ETF flows supported the outlook.

XRP is approaching $3.00: $3.00 is the pivot; $3.10 acts as resistance.
ETF progress and institutional demand (XRPR ETF holds $77.6M) are boosting sentiment.
Technical: Price is above the 1W 50 EMA ($2.77), with weekly gains of 7.6%.

How is XRP trading after $3.10 rejection?

XRP price is trading near $3.00 after a double bottom breakout and encountered resistance at $3.10. The $3.00 level now acts as a short-term pivot: sustained holding supports price targets of $3.30 to $3.50, while a breakout could potentially move toward $2.90 to $2.80.

Why is XRP rejected at $3.10 and what does technical analysis show?

Price action showed a clear double bottom, pushing XRP above $3.00 before encountering selling pressure near $3.10. Short-term indicators remain constructive: the 1W 50 EMA at $2.77 and the weekly RSI near 54 are neutral, with room for upside if volume increases.
Analysts at BitGuru noted that “price action near the $3.00 area will determine whether bulls regain control or sellers push it lower. Despite the pullback, higher lows suggest room for steady accumulation and continuation if buying volumes increase.

Market data from Coingecko shows XRP trading at $7.6 after a weekly gain of 3.00%, with a 24-hour range of $2.99 to $3.09. The market capitalization is nearly $179 billion and 24-hour trading volume is approximately $5.43 billion, highlighting continued liquidity and interest.

What ETF developments are affecting XRP sentiment?

Recent ETF developments have broadly improved macro sentiment for XRP and altcoins. Multiple spot XRP ETF filings are under review, with the newly launched XRPR ETF holding $77.6 million in assets marking early institutional participation. These flows are the main drivers of price discovery.

On-chain observers note that XRP remains above its 50-day moving average of $2.77 after a prolonged period of consolidation ahead of a 2024 breakout. With Bitcoin trading above $123,000, altcoin rotation favors XRP’s short-term momentum.

FAQ

What are the immediate support and resistance levels for XRP?

Immediate resistance is at $3.10; support levels to watch are $3.00 (pivot), $2.90, and $2.80. Sustaining $3.00 is critical to push $3.30 to $3.50.

How much institutional interest is there in the XRP ETF?

Early ETF adoption is measurable: the XRPR ETF holds $77.6 million in assets, indicating increasing institutional allocations to XRP via spot ETF exposure.

Key takeaways

Pivot Level: $3.00 is decisive for the next directional move.
ETF tailwinds: XRPR ETF assets ($77.6M) show institutional demand is building.
Technical Bias: The weekly structure remains bullish above the 1W 50 EMA ($2.77); watch volume for confirmation.

in conclusion

XRP price is at a short-term crossroads: The $3.00 pivot point and $3.10 resistance will determine whether the market resumes its upward trajectory towards $3.30 to $3.50, or consolidates near lower support. Continued ETF inflows and improving technicals support a constructive outlook; traders should monitor volume and weekly moving averages for confirmation.

Sesame fee anti-70% strategy +v