$XRP until October 1, 2025:
📊 Current Status
The price of XRP is currently around $2.85, down slightly by approximately 1% during the day.
XRP is trading within a consolidation / fluctuation zone between ~2.82 and $2.94, with strong resistance at ~2.94 dollars.
Market activity and technical pressures are moderate — technical indicators like RSI and others tend to be neutral, and there is still no clear strong momentum upward or downward.
⚖️ Current Influencing Factors
Potential Strengths
Expectations of regulatory disclosures / ETF funds
The market is anticipating possible decisions from U.S. regulators regarding the allowance of institutional funds for XRP, which if approved could bring significant liquidity to the markets.
Decrease in supply on exchanges
Some reports indicate that the amount of XRP available on exchanges is low, which could contribute to increased buying pressure as liquidity enters.
Technical support around $2.75 – $2.80
This area is considered an important demand level, and often if the price remains above it, there is an opportunity for a bullish rebound.
Weaknesses and Risks
Management change at Ripple
The announcement that David Schwartz (who contributed to building the XRP network) will step down from his daily duties by the end of the year (becoming “CTO Emeritus”) has raised some concern within the community regarding the continuity of the technical vision.
Possibility of a correction towards $2.35 – $2.40
Some analysts expect that the price may go through a “cleansing” (correction) phase before resuming the upward trend.
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