XRP News Today:

XRP, the native token of the XRP Ledger, has experienced a weekly decline of over 5% amid mixed on-chain signals and divergent analyst views. As of the latest data, XRP trades near $2.85, down from its all-time high of $3.65 recorded in mid-July. While the decline represents a 22% pullback from the peak, optimism among market observers persists, with several analysts forecasting a potential new all-time high in the near future.

Technical and on-chain analysis highlights both bullish and bearish factors. Whale activity remains a key focus, with recent data showing that large investors have accumulated 340 million XRP (worth approximately $960 million) over two weeks. Such accumulation is typically seen as a positive sign, reducing the circulating supply and potentially signaling renewed confidence in the token’s future price movement. Analysts like Crypto Tony and Hardy have noted that a weekly close above $2.90 could reignite bullish momentum, while others suggest a potential breakout above $3.33 as a critical threshold for long-term upside.

However, bearish signals are also present. The amount of XRP held on major exchanges, particularly Binance, has reached an all-time high of over 3.55 billion tokens. This trend toward centralized custody raises concerns about potential selling pressure, especially if institutional holders decide to liquidate positions. Long-term holders have also shown increased selling activity, as evidenced by a spike in the “age consumed” metric, which tracks the movement of dormant tokens into the market. This divergence between whale accumulation and long-term distribution complicates the short-term outlook for XRP.

Despite these challenges, the token continues to exhibit technical patterns that suggest a potential parabolic rally. Fibonacci extension levels and Elliott Wave analysis point to key resistance zones at $3.35, $5.85, and even $18.22. Some analysts, including Dark Defender, argue that a breakout above $3.33 could confirm a bullish structure, unlocking significant momentum and aligning with historical price cycles. This scenario is supported by recent on-chain data showing that XRP is currently consolidating between $2.70 and $3.66, a range often associated with accumulation phases before major price surges.

Regulatory developments also play a crucial role in shaping XRP’s future trajectory. The U.S. Securities and Exchange Commission (SEC) is currently reviewing over 90 filings for potential XRP-related ETFs, with decisions expected between October 18 and 25. Approval of these products could enhance liquidity, attract institutional demand, and provide a regulatory endorsement that further legitimizes XRP’s role in the cryptocurrency market. Additionally, the recent approval of a leveraged XRP futures ETF has already drawn new capital into the ecosystem, signaling growing institutional interest.

Community sentiment reflects a cautious optimism. While some traders and analysts remain skeptical about aggressive price targets like $18, the broader market context—marked by Bitcoin’s projected range of $135,000 to $195,000 and Ethereum’s potential move toward $9,500—suggests a favorable environment for altcoins like XRP. If XRP manages to break above $3.33, the next key resistance levels at $3.66 and $5.85 could become the focus of further price discovery.

In summary, XRP’s price action remains at a critical juncture, with whale activity, technical indicators, and regulatory developments all influencing its potential path forward. A decisive move above $3.33 could signal a new phase of upward momentum, while continued selling pressure from long-term holders may keep the token rangebound in the near term. Market participants will closely monitor these dynamics as the token seeks to reclaim its all-time high and establish a stronger foothold in the evolving crypto landscape.

Source:

[1] Ripple (XRP) Slips 5% Weekly But Analysts See Potential for a New ATH (https://cryptopotato.com/ripple-xrp-slips-5-weekly-but-analysts-see-potential-for-a-new-ath/)

[2] XRP Whales vs Long-Term Holders (https://beincrypto.com/xrp-whales-vs-long-term-holders-who-will-decide-the-price-action-path/)

[3] XRP Symmetrical Triangle Forms Under $3.00, $3.30 Breakout Level in Focus (https://www.coindesk.com/markets/2025/09/04/xrp-symmetrical-triangle-forms-under-usd3-00-usd3-30-breakout-level-in-focus)

[4] XRP Price, XRP Price, Live Charts, and Marketcap (https://www.coinbase.com/price/xrp)

[5] XRP price at critical level as $18 target comes into focus (https://www.fingerlakes1.com/2025/09/03/xrp-price-prediction-2025-breakout-targets/)

[6] XRP Price Prediction: Analysts Eye $3.33 and Beyond as Market Momentum Builds (https://bravenewcoin.com/insights/xrp-price-prediction-analysts-eye-3-33-and-beyond-as-market-momentum-builds)