$XRP Update: Why XRP May Not Stay Under $3 for Long

Highlights:

Analysts believe pending XRP ETF approvals could attract $3–$8 billion in institutional funds.

Large investors (whales) have added around $1.1 billion worth of XRP, showing strong confidence.

Charts indicate a potential 60%–85% price rally if XRP breaks past $3.30.

Market Outlook:

XRP recently slipped below $3, falling to around $2.84 after a brief rise earlier this month. The dip pushed it under the 50-day EMA, showing short-term weakness. However, on-chain data and technical patterns suggest this pullback might be short-lived, with ETF optimism and whale buying likely to drive a strong recovery later in October.

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