XRP News Today: Institutions Bet Big on XRP as $3.10 Barrier Looms
XRP, the third-largest cryptocurrency by market capitalization, is at a pivotal juncture as traders and analysts closely monitor its ability to break through the $3.10 resistance level. Current price action shows XRPXRP-- consolidating around $2.97–$3.00, with technical indicators suggesting a potential rebound if the 50-day SMA and 0.618 Fibonacci retracement level hold firm[1]. A sustained breakout above $3.10 could propel the token toward $3.30–$3.50, with long-term projections reaching $4.00–$5.00 by September 2025[2]. Conversely, a failure to defend $2.74 support could see the price dip to $2.00[3].
Technical analysis highlights mixed signals. Short-term momentum remains cautious, with the RSI at 51 and MACD near neutral territory. However, bullish patterns such as the inverse head-and-shoulders formation suggest potential for a $4.20–$4.80 rally if the $3.30 level is cleared[4]. Institutional activity is also influencing the market, as inflows into XRP wallets surpassed 160 million tokens in the past week, signaling renewed accumulation by large players[5]. Derivatives markets, meanwhile, show a $1.16 billion short position imbalance, creating conditions for a potential short squeeze[6].
Regulatory developments and ETF approvals are critical catalysts. Ripple's recent SEC settlement has resolved years of legal uncertainty, boosting XRP's utility in cross-border payments[7]. Analysts estimate a 95–98% probability of XRP ETF approval, which could drive institutional inflows and liquidity. Seven ETF applications, including one by Grayscale, are pending decisions in October 2025, with the first deadline set for October 18[8]. ProShares Ultra XRP ETF has already attracted $1 billion in inflows since July, underscoring growing institutional interest[9].
Price projections vary across models. A machine learning algorithm from Finbold predicts XRP could reach $3.18–$3.45 by October 31, 2025, while traditional technical analysis targets $3.50–$4.50 in the mid-term and $5–$10 by 2030[10]. Whale activity remains a wildcard, with exchange inflows often signaling bearish sentiment but also reflecting profit-taking cycles[11]. The broader market context, including the Fed's dovish pivot and Asian liquidity flows, further complicates short-term volatility[12].
Long-term adoption scenarios depend on XRP's role in tokenized real-world assets (RWAs) and cross-border payments. If the XRP Ledger captures 20% of the tokenized RWA market by 2026, speculative price targets could extend to $134.50, though such forecasts remain contingent on regulatory stability and technological adoption[13].
Traders are advised to monitor key levels: $2.74 (critical support), $3.10 (breakout threshold), and $3.30 (next resistance). Institutional positioning, ETF approvals, and on-chain activity will be decisive in the coming weeks. For now, XRP's trajectory hinges on whether bulls can sustain momentum above $3.00, balancing risk-off sentiment with growing institutional and regulatory tailwinds.
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