- Technical analysis shows XRP is at a critical position: approaching the upper Bollinger Band at 2.9307, with potential MACD bearish divergence
- Market sentiment is divided: high-volume correction vs long-term institutional bullish fundamental narrative
- Breaking the $3 psychological level requires: stabilizing above the Bollinger upper band and MACD turning positive
XRP Price Prediction
XRP Technical Analysis: Can It Break Through the $3 Level After Short-Term Correction?
According to BTCC financial analyst Olivia's technical analysis, XRP's current price of 2.8626 USDT is slightly above the 20-day moving average of 2.3954, indicating a medium-term bullish trend. Although the MACD histogram is negative (-0.1045), the fast and slow lines (-0.2648/-0.1603) show convergence, suggesting weakening downward momentum. The Bollinger Bands show the price is near the upper band at 2.9307, and breaking through could test the $3 psychological level, with the middle band at 2.3954 serving as a key support.
Market Sentiment Divided: XRP High-Volume Correction Draws Attention
btcc analyst Olivia points out that XRP has entered a correction phase after a strong rally, with surging trading volume reflecting increased market divergence. The SBI CEO's positioning of XRP as a 'global wealth transfer catalyst' provides long-term fundamental support, but short-term attention is on the support strength of the $1.86 Bollinger lower band. Olivia emphasizes: 'The key is whether the price can hold the $2.4 middle band during the volume expansion, which will determine if it's a bullish consolidation or trend reversal'.
Key Factors Affecting XRP Price
XRP Price Drops with Increased Trading Volume, Market Focuses on Future Trend
Ripple's XRP dropped 3.16% to $2.86 on Tuesday, falling from $2.95, despite a 25.71% surge in 24-hour trading volume to $11.6 billion. This divergence indicates traders are actively adjusting positions after XRP's 26.57% weekly gain, with market cap remaining at $169.1 billion.
Bonk, Curve DAO Token, and Sei led Altcoin gains, while MemeCore and XDC Network underperformed. Increased trading volume during price drops often signals profit-taking or chip accumulation before a directional change.
Token listings continue to be bullish catalysts by expanding liquidity pools and investor access. Conversely, security vulnerabilities remain a systemic risk, with attackers increasingly targeting cross-chain bridges and exchange hot wallets.
XRP Price Enters Correction Phase After Strong Rally — Key Support Levels in Focus
XRP has entered a correction phase after breaking $3.00, with traders closely watching the key support around $2.75. Despite the pullback, the digital asset remains above the 100-hour moving average, indicating potential strong momentum.
The bullish trend line formed at $2.820 on the hourly chart suggests possible accumulation buying. The 50% Fibonacci retracement from the recent swing low of $2.660 to the peak of $3.0324 has become an important technical reference point.
Market participants expect resistance around $2.920, and a decisive break above $2.950 could reignite momentum towards $3.080. This price movement aligns with the overall market trend observed in Bitcoin and Ethereum.
SBI CEO Views XRP as Global Wealth Transfer Catalyst Amid Economic Uncertainty
SBI Global Asset Management CEO Tomoya Masukura notes that XRP is playing a crucial role in global wealth redistribution. Unlike speculative cryptocurrencies, XRP's utility in cross-border payments and institutional adoption makes it a hedge against traditional market volatility.
Masukura emphasized in social media comments that XRP reaching a $172.6 billion market cap proves structural capital flow is occurring. 'We are witnessing the most significant wealth transfer of our generation,' he stated, pointing out that geopolitical tensions and trade tariffs are accelerating capital rotation into digital assets.
Analysis suggests XRP's growing dominance reflects market dissatisfaction with traditional financial systems. Its blockchain infrastructure and regulatory clarity demonstrate unique advantages during this financial paradigm shift.
Can XRP Break Through $3?
Based on current technical indicators and market environment, the possibility of XRP breaking $3 exists but faces resistance:
Key Level | Value (USDT) | Significance |
---|---|---|
Bollinger Upper Band | 2.9307 | Direct Resistance |
20-day Moving Average | 2.3954 | Bull-Bear Dividing Line |
MACD Turning Positive | Needs to Cross Above 0 Axis | Trend Confirmation Signal |
Olivia summarizes: 'If it can close above $2.93 this week with a golden cross on MACD, the $3 target is promising; otherwise, if it fails to hold $2.4, it may retest the $1.86 support. Current probability assessment is 55% bullish, recommending staged positioning in the $2.4-$2.93 range.'