XRP finds itself at a critical crossroads, locked between $3.00 and $3.10, as traders eye a breakout while liquidity traps stir caution across the market.
Despite growing institutional support and a promising adoption narrative in Asia, the XRP price has struggled to break free from its narrow consolidation range. Investors remain on edge as they await a decisive move that could define Ripple’s short-term trajectory.
XRP Price Holds Amid Asian Institutional Support
Recent announcements from Korea and Japan have provided a boost to XRP adoption, though the market response has been muted so far. Korea’s BDACS, a leading digital asset custodian, has added custody support for XRP, marking a significant step in institutional infrastructure for the token. According to BDACS, “clients can now deploy XRP across the largest trading venues in Korea in a regulatory compliant way,” thanks to integrations with exchanges like Upbit and Coinone.
XRP was trading at around $3, up 2.32% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
In parallel, Japan’s SBI Holdings has filed applications for two crypto-related ETFs with the Financial Services Agency (FSA). One of the ETFs focuses specifically on Bitcoin and XRP. This move could offer retail and institutional investors regulated exposure to the Ripple ecosystem, further expanding XRP adoption in Asia. SBI Japan’s existing partnership with Ripple Labs ensures access to On-Demand Liquidity (ODL) and Ripple Payments products, key pillars of the XRP Ledger’s utility.
Technical Setup: XRP in Consolidation Zone
Despite these fundamental tailwinds, the XRP price today hovers below the $3.00 resistance level, consolidating near $2.98 on low trading volume. A bearish trend line has formed at $3.02 on the hourly chart, acting as immediate resistance. If bulls can break through this level, a retest of $3.10 and possibly $3.20 could follow.
XRP/USD has been forming a triangle pattern after a decline, and a breakout above the 200-SMA and $3.00 could signal a bullish move toward $3.20. Source: ProfessorSingapore on TradingView
However, the Relative Strength Index (RSI) remains below the midline, reflecting weak buying pressure. The hourly MACD also indicates fading bullish momentum. A clear move above $3.10 is required to unlock higher targets, with $3.18 and $3.25 acting as the next resistance levels. On the flip side, failure to hold the $2.92 support could expose XRP to further downside, with $2.88 and $2.75 seen as critical levels.
Liquidity Dynamics and Smart Money Behavior
Market behavior around the $3.00–$3.10 range shows signs of smart money liquidity tactics. A recent liquidity sweep above the $3.40 level triggered sell-offs, trapping overleveraged long positions in a classic bull trap. The XRP coin price quickly turned around and has since been ranging in the $2.70-$3.10 zone. This zone is viewed by analysts as a significant area of price absorption where neither bears nor bulls have control.
The MVRV ratio has formed a death cross for XRP, indicating the potential for a deeper price correction. Source: Ali Martinez via X
The 0.5 to 0.618 Fibonacci level of $2.70 to $2.92 continues to be a magnet for XRP prices. If XRP breaks below this level, it may attempt to find support at lower levels around $2.58. A solid bullish spike above $3.10 would, however, establish the potential for a retest at the $3.40 peak, capable of reinstating the rally towards the all-time high of $3.66.
Ripple Developments Continue to Shape Sentiment
The broader Ripple story and its ongoing regulatory development with the SEC remain a top sentiment drivers. No major XRP lawsuit news has been seen in recent days, but investors are following developments in the Ripple vs SEC case and potential settlement timelines closely. These developments will likely influence XRP price forecast 2025 and beyond in the longer term.
Despite the hangover from the law, Ripple keeps expanding its global presence. Its Asian alliances and growing interest in potential XRP ETFs prove the token’s institutional usability. If regulatory clarity follows, XRP prediction for the next bull cycle may witness astronomical targets well above $4.00 or even $5.00, some market analysts project.
Outlook: Wait for the Breakout
For now, XRP price prediction relies on a breakout from the consolidation range of $2.70–$3.10. With both bearish and bullish triggers acting, caution is best advised for traders until a confirmed breakout occurs. XRP crypto price prediction models remain polarized, but underlying fundamentals and ongoing global growth keep the long-term outlook positive.
Despite weak volume and resistance, XRP holds above $2.95 as Asian institutional interest and U.S. regulatory progress fuel hopes of a rebound toward $3.66. Source: Reazosman on TradingView
The price of XRP today reflects short-term uncertainty but greater confidence in the token’s adoption curve. Whatever the next big move, up or down, this current consolidation appears to be a setup for something bigger. As always, XRP investors need to be on the lookout for volume spikes, resistance reversals, and macro news—anything related to the SEC vs Ripple case, especially.
In the grand scheme, XRP remains at its crossroads. A breakout above $3.10 can potentially catalyze a rally, whereas a breakdown below $2.88 might stall the bull tale. Meanwhile, XRP news today continues to highlight institutional demand and regulatory anticipation as the primary catalysts of direction forward.
Source: https://bravenewcoin.com/insights/xrp-price-prediction-xrp-caught-in-3-00-3-10-liquidation-zone-whats-next-for-ripple-price