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XRP Price hovers near $3 with strong whale accumulation driving bullish momentum.
Upcoming XRP ETFs could attract major institutional inflows.
Support at $2.80 remains crucial as resistance at $3.05 decides the next breakout.
XRP price is trading close to the important $3 mark, with the token priced around $2.95. During the latest session, it touched an intraday high of $3.03 and a low of $2.94. The $3 level has become a key resistance point, but repeated tests suggest growing momentum in that direction.
Technical indicators show signs of bullishness. The formation of an inverse head-and-shoulders pattern on the charts supports the idea of a breakout if the token can close above $3.00 with strong trading volume. Other indicators, such as the Relative Strength Index, remain in a neutral-to-positive zone, while the MACD has turned upward, both signaling possible strength.
Resistance remains concentrated in tiers. The immediate challenge lies between $3.00 and $3.05. A successful breach could open the path to higher levels near $3.20 and $3.40. If momentum continues, XRP may even aim for the historic peak of $3.66. On the downside, traders are closely watching the $2.80 to $2.85 range, which has been acting as a strong support zone during the recent weeks.
Large investors, often called whales, have played a significant role in the latest XRP price swings. Data shows that whales accumulated about $630 million worth of XRP since the beginning of September, creating a strong base of support above $2.85.
Over the past month, whale addresses holding between 10 million and 100 million XRP added around 340 million tokens in just two weeks. This represents nearly $960 million in accumulation, showing clear confidence among large holders.
Another major sign of interest came when whale wallets bought around $758 million worth of XRP in just eight days. Such heavy buying activity is seen as a bullish sign because it reduces the available supply on exchanges and increases market confidence.
However, not all whale activity points in the same direction. In August, whales were seen offloading nearly 470 million tokens when XRP briefly fell below $3, which added to selling pressure. Some whale movements also represent internal transfers.
For example, a single whale shifted about 17.8 million XRP between Coinbase wallets, likely for liquidity management rather than market speculation.
This combination of accumulation and selling creates a delicate balance. On one side, whales are providing strong buying support that can help XRP climb back above $3. On the other hand, sudden profit-taking could quickly reverse momentum.
Also Read: XRP News Today: XRP Price Recovery Stalls as Tokenization Forecasts Reach $16.4 Trillion
XRP price outlook is not only influenced by whale movements but also by wider regulatory and institutional factors. One of the biggest developments has been the settlement of Ripple’s long-standing case with the US Securities and Exchange Commission.
The agreement has cleared XRP’s status as a commodity, removing much of the uncertainty that had weighed on the token for years. This clarity has also boosted the chances of institutional adoption, including the possibility of XRP-based exchange-traded funds.
Several applications for XRP ETFs are currently under review, with decisions expected between mid-October and late-October. Approval could bring a wave of new capital into the asset, similar to what has been seen in Bitcoin and Ethereum ETF launches. Analysts believe this could be the single most important factor in driving XRP above $3 and keeping it there.
Ripple also continues to expand real-world use cases. The company’s RLUSD stablecoin is gaining traction in markets such as South Africa, where partnerships with payment firms like Chipper Cash, Valr, and Yellow Card have strengthened on-demand liquidity services.
The adoption of RLUSD and related Ripple products creates more demand for XRP as the underlying collateral for these financial solutions.
Market analysts are offering mixed but generally positive predictions for XRP. Some forecasts are highly bullish, with predictions of a 333% surge in just 40 days based on Elliott Wave theory.
Others take a more conservative stance, suggesting a move toward $3.80 if the current breakout patterns develop as expected. Long-term projections from platforms such as Changelly place XRP in the $9 to $11 range by 2028, driven by institutional adoption and increasing scarcity.
Even in the short term, many analysts believe XRP could test levels around $4 to $6 if strong momentum builds after a clean breakout above $3.00 to $3.05. Much depends on the strength of whale support, ETF decisions, and broader crypto market conditions.
The bullish case for XRP depends on its ability to close above $3.05 with solid trading volume. A breakout here could set off a rally toward $3.20 and $3.40, with the potential of retesting the all-time high of $3.66. If institutional momentum adds fuel, the move could extend further into the $4 to $6 range.
The neutral case suggests that XRP continues to consolidate between $2.80 and $3.00 as whales steadily accumulate. This would prepare the market for a bigger breakout later, possibly around the ETF approval dates in October.
The bearish case would come into play if XRP fails to hold support at $2.72 to $2.80. A breakdown at this level could drag the token back toward $2.50 or even $2.60, particularly if whales begin unloading tokens or if regulatory delays hurt investor confidence.
Also Read: XRP vs TRON in 2025: Price Performance and Long-Term Utility Compared
XRP price today is standing at a critical point in its price journey, with whale accumulation and regulatory clarity combining to shape near-term direction. Whale activity shows that large investors are actively positioning for potential upside, but their selling behavior in the past also serves as a reminder of the risks.
Technical indicators suggest growing bullish potential, and with ETF applications under review, institutional demand could arrive at a crucial time. Ripple’s ongoing efforts to expand its global financial network through products like RLUSD also add weight to the long-term bullish case.
A return to $3 seems likely if accumulation outpaces distribution and if regulatory and institutional catalysts align in the coming weeks. A decisive close above $3.05 would be the signal of a stronger rally ahead, with targets extending to $3.40 and beyond. If momentum holds, XRP could even revisit its historical peak near $3.66 and stretch into the $4 to $6 zone.
The path ahead for XRP is shaped by whales, regulators, and institutions. As these forces converge, the $3 level may not just be retested but potentially reclaimed in the near future.
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