XRP News Today: XRP Climbs to $3.65 on Institutional Inflows, 16% Pullback Tests $3.00 Support

XRP’s recent price action has centered on the $3.00 psychological level, with the token oscillating between $3.00 and $3.65 amid mixed technical signals and speculative activity. After surging to a 30-day high of $3.65 earlier this week, driven by institutional inflows and on-chain activity, XRP retreated to test critical support zones, sparking debate over whether this is a consolidation phase or a precursor to further volatility [1]. Technical analysis highlights a bearish bias in short-term indicators, including a downward-sloping trend line on hourly charts and weakening momentum in the MACD and RSI [1]. The 100-hour moving average at $2.98 and the $3.00 level are now under scrutiny as key areas to monitor [1].

If XRP successfully holds above $3.00, it could set the stage for a rebound toward $3.35–$3.40, which, if breached, may rekindle bullish momentum toward $3.60–$4.00. Analyst XRPunkie noted that a sustained recovery above $3.35 could signal a resumption of the rally, potentially pushing toward $10–$15 in the long term [1]. The analyst attributed the recent 16% pullback to a healthy correction typical in crypto markets, emphasizing that buyers have re-entered near the $3.00 support after a sharp drop triggered by over $18 billion in liquidations [1]. However, this optimism is tempered by the risk of a breakdown below $3.00, which could expose the token to further declines toward $2.80–$2.60 [1].

Market fundamentals show a mix of bullish and bearish signals. Open interest in XRP futures has surged to $10.6 billion, a 286% increase since June 2025, reflecting heightened speculative trading [5]. The RLUSD stablecoin, pegged to XRP, has also seen its market capitalization grow to $532 million, indicating rising institutional adoption [5]. Conversely, recent ETF-related freezes and broader bearish sentiment have pressured the token, with a 11% drop in the past week raising concerns about a deeper correction [2]. The XRP Ledger’s 70% surge in total value locked over 30 days and the Teucrium 2X Long Daily XRP ETF’s $506.6 million in assets highlight on-chain resilience [5].

Technical indicators underscore XRP’s fragile position. The token remains above its 50- and 100-day exponential moving averages, while Fibonacci retracement levels at $3.05 (38.2%) and $2.849 (50%) act as potential inflection points [2]. A breakdown below $3.05 could trigger a test of $2.849, whereas a sustained rebound above $3.60 might signal a bullish reversal [2]. The “cup and handle” pattern, anchored at the $3.40 resistance, suggests a long-term target of $5.27 if the pattern completes [5]. Momentum divergence and institutional liquidity dynamics are also critical factors in determining short-term outcomes [2].

Analysts remain divided on the token’s near-term trajectory. While some, like XRPunkie, view the $3.00 support as a launchpad for higher prices, others warn of a potential cascade of liquidations if the level fails [1][3]. A successful defense of $3.05 would likely reignite bullish sentiment, whereas a breakdown could force bulls to defend $2.849 [2]. The coming days will be pivotal in determining whether XRP’s resilience signals a broader rally or a temporary respite before renewed bearish pressure [5].

Source: [1] [XRP Holds the Line at $3: What’s Next?](https://coinmarketcap.com/community/articles/6881f2862bc37507b2e68ec3/) [2] [XRP Price Drops 11% Amid ETF Freeze - Can it Hold $3?](https://coinpedia.org/price-analysis/xrp-price-drops-11-amid-etf-freeze-can-it-hold-3/) [3] [What You Should Watch If You Hold XRP](https://www.binance.com/en/square/post/27328795859169) [5] [XRP Set to Soar Again: Key Indicators to Watch](https://investx.fr/en/crypto-news/xrp-set-to-soar-again-key-indicators-to-watch/)