XRP traded in a volatile range of $2.76 to $2.86 as geopolitical and monetary uncertainty continued to influence crypto markets. Whales accumulated roughly 340 million XRP ($960M) near $2.76, signaling strong institutional interest amid broader selling pressure.
Analysts remain divided: a breakdown below $2.76 could see XRP retest $2.50, while clearing $3.30 may set the stage for moves above $4.00.
Price Action: XRP opened around $2.79 and closed near $2.82, up 2% on the session. The intraday low at $2.76 was defended with volume spikes above 180M XRP, well above the 24-hour average. The token rebounded to $2.86, establishing near-term resistance, with high-volume trades confirming institutional involvement.
Technical Snapshot:
- Support: $2.76–$2.78; secondary levels at $2.70 and $2.50
- Resistance: $2.86; key breakout points at $3.00 and $3.30
- Momentum: RSI mid-50s, neutral-to-bullish
- MACD: Trending toward bullish crossover
- Pattern: Symmetrical triangle below $3.00 remains intact; higher lows suggest growing breakout pressure
Key Watchpoints: $2.76 defense, sustained closes above $2.86 and $3.00, ETF-related flows, and volume trends indicating breakout strength.
