$XRP / USDT – Key Market Range
Current Price: around US $2.87
24h High: approximately US $2.90
24h Low: near US $2.76
XRP is going through a moment of technical consolidation near the US $2.70 level, which has acted as strong support in recent downward movements. Meanwhile, it faces immediate resistance at US $2.86–$2.87, which is currently being tested with observed whale accumulation. These elements, along with the proximity of regulatory announcements such as the ETF, fuel expectations of a rally in October.
Key Levels to Watch
Resistance: US $2.86–$2.90 — a sustained close above could pave the way towards US $3.00–$3.10 and then towards US $3.50–$4.00 if there is sustained momentum.
Support: US $2.70–$2.76 — if lost, selling pressure could reactivate towards US $2.50–$2.60 or even lower.
Trading Setup
Entry (long): above US $2.90, ideally if accompanied by buying volume.
Targets:
Short term: US $3.00–$3.10
Medium term: US $3.50–$4.00
Stop Loss: below US $2.70, considering the structural importance of support.
Outlook
XRP is in a critical phase: defending the support at US $2.70–$2.76 shows buying strength, while a breakout above US $2.86–$2.90 could trigger a technical rally, especially if good news such as ETF approval emerges or clear signs of institutional momentum appear. However, if this support level fails, we could see significant downward pressure.
