🚀 Ripple (XRP) Price Prediction: Bulls Target $3.33 Breakout as Institutional Momentum Builds
Cryptos | 08/06/2025 | 19:30 GMT
XRP retests the 200-period EMA, hinting at bullish strength ahead of a breakout above $3.00.
Korea's BDACS expands custody services in partnership with Ripple for institutional XRP holders.
Japan's SBI Holdings seeks ETF approval for XRP and Bitcoin, filing with the FSA to bring crypto closer to mainstream adoption.
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Ripple’s XRP is holding firm above the critical $2.95 level as of Tuesday, showing signs of strength despite broader market caution. The price bounce off the 200-period EMA is giving bulls a glimmer of hope for a potential breakout.
Last week’s dip to $2.72 raised concerns, but a fresh wave of institutional interest across Asia is helping stabilize XRP’s outlook. In South Korea, BDACS deepened its partnership with Ripple, offering secure custody solutions for institutional clients. Meanwhile, in Japan, financial powerhouse SBI Holdings filed for XRP and Bitcoin ETFs with the Financial Services Agency (FSA), signaling growing demand for regulated crypto investment vehicles.
While XRP still faces resistance near the $3.00 psychological level, these bullish developments could fuel a breakout. A successful flip of this zone into support might open the path toward $3.33 — and potentially even XRP’s all-time high of $3.66, if momentum accelerates.
Bottom line:
XRP’s price action remains on edge, but positive catalysts in Asia and evolving U.S. regulations could be the fuel bulls need. Watch for a clean break above $3.00 — it could be the start of something big.