1. Current situation and price
The current price of $XRP ranges between $2.84 and $2.85, with a daily trading volume of around $4.4–$4.5 billion and its position as "the third currency" by market capitalization.
$XRP has been moving within a narrow range since August, usually between $2.75 and $2.90.
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2. Support and resistance levels
Main support: located at levels $2.70–$2.75, if breached it could lead to a decline to around $2.00.
Notable resistance: At around 3.00 dollars, breaking it could open the way towards 3.70 dollars or even 5 dollars in some scenarios.
Technical patterns such as an ascending flag and double bottom formations near 2.87 dollars suggest a potential bullish breakout.
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3. Influencing factors
Whale buying: Approximately 340–400 million XRP were purchased in recent days, reflecting significant confidence from major investors.
Institutional pressures: Large liquidations exceeding 1.9 billion dollars negatively impacted the price.
Regulatory clarity and ETF reports:
The likelihood of approval for spot ETFs on XRP has increased to about 87%.
An ETF based on futures has been approved, boosting regulatory momentum.
Technological developments:
Announcement of smart contract integration and a gaming interface via XRPL, along with the launch of the Gamechain network.
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4. Forecasts and Insights
Short-term (until the end of September):
Expected range 2.75–3.40 dollars, with some forecasts confirming the possibility of reaching 3.66 if a breakout towards resistance occurs.
A report from Barron’s indicates slight gains around 2.87 dollars concurrent with rising market sentiment.
With news of regulatory integration, we may see a positive move towards 3.00 dollars.
Medium-term (Q4 2025):
Breakout scenario: Potentially reaching 5 dollars depending on technical support from XRP ETF and a bounce from the ascending flag.
Forecasts range between 5–10 dollars with optimistic responses countered by analytical and conservative studies.
Long-term (2026–2030):
Optimistic future forecasts: Price reaching 9–11 dollars by 2025 or 2026, and even 20 dollars by 2030 in optimistic scenarios.
More conservative analyses foresee a price by the end of 2025 reaching about 1.05 dollars, with less optimistic forecasts up to 2.21 dollars.
Elliott wave model confirms the possibility of accelerated growth, as some see XRP potentially heading towards 9.69 dollars after completing a corrective wave.
Extreme and community views argue that the price should far exceed current trading levels based on its potential role in a new global monetary structure.
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5. Conclusion
Timeframe Expected scenario
Short-term A stable range between 2.75–3.00 dollars, with upward options upon breaking 3.00 dollars
Medium-term Potentially reaching 5 dollars if regulatory and technical factors move in its favor
Long-term A wide range between 5–20 dollars depending on technological and regulatory developments and global adoption.
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