XRP (XRP) Price Prediction: Analysts Eye $3.60 Breakout As ETF Speculation Heats Up

15h ago•

bullish:

bearish:

XRP price today is trading around $2.83, holding firm after repeated defenses of the $2.77–$2.80 support zone. Traders are watching closely as technical compression, on-chain flows, and speculation over U.S. spot ETF approvals converge to set the stage for the next decisive move.

XRP Price Struggles But Finds Support

*XRP trapped in descending triangle (Source: TradingView)*

The daily chart shows XRP trapped within a descending triangle, with price pressing against the apex. Immediate resistance sits near $2.92–$2.95, where the 20-day EMA overlaps with the downtrend line. Buyers have stepped in repeatedly around $2.77, preventing a breakdown and turning the level into a crucial accumulation zone.

Momentum indicators highlight the standoff. The RSI hovers near 45, reflecting neutral sentiment. MACD signals are flattening, suggesting sellers are losing control, while narrowing Bollinger Bands point toward a volatility expansion. A breakout on either side of this compression pattern is now in focus.