#Xrp🔥🔥
A confirmed breakout above $3.05 could set targets at $3.40 and $3.65, while failure to hold $2.75 would expose XRP to a deeper pullback toward $2.50 or even $2.30. The Relative Strength Index (RSI) has rebounded toward midline levels near 44, suggesting subdued momentum but room for further upside.
Macro and Regulatory Backdrop
Beyond technicals, XRP’s trajectory remains influenced by the macro environment and ongoing regulatory scrutiny. Expectations of a September Federal Reserve rate cut could weigh on the U.S. dollar, indirectly boosting demand for cryptocurrencies like XRP.The SEC has postponed its decision on the WisdomTree Spot XRP ETF. Source: Kenny Nguyen via X
Furthermore, a favorable court ruling or progress toward a potential XRP ETF could act as a major catalyst for long-term adoption. Ripple’s ongoing efforts to expand cross-border settlement solutions also keep XRP in the spotlight.
Outlook: XRP at a Crossroads
For now, the price of XRP today reflects a balance of forces: whale accumulation and technical resilience versus weak network growth and low leveraged demand. The coming days may prove pivotal as XRP nears the apex of its triangle formation.If bulls can reclaim the $3.05 threshold, analysts say XRP may attempt another rally toward its July high of $3.66, renewing discussions around long-term XRP price predictions for 2025 and beyond. Conversely, a breakdown below $2.75 could extend consolidation and delay hopes of a sustained uptrend
comments below about your views👇