$XRP has initiated a new test by breaking the $3 support level in recent days — due to large-scale selling by whalers, the market saw a price drop of up to 10%. However, support in the $2.80–$2.90 range has prevented a further steep decline, and the price has slowly begun to return towards $3.04.
Meanwhile, market tensions have increased — especially based on signals related to the recent minutes and policies of the Federal Reserve — which generally have a deep impact on the trend of crypto assets.
A positive aspect is that the foundation of XRP is strong — with the introduction of Ripple USD (stablecoin), further activity on XRPL is expected, and Ripple is interested in integrating XRP with its services, which could lead to medium-term stability.
The most interesting thing is that the month of October could be extremely significant for XRP — as important legal developments such as the SEC's spot ETF opinion and the potential approval of a bank charter for Ripple may emerge, and these factors could play a decisive role in determining the price direction.
---
Summary:
XRP is currently in a sensitive phase:
In the short term, support testing within the $2.80–$3 range is ongoing, and if it holds, the price could move back up.
** In the medium term**, clear direction is expected from legal and ETF decisions.
Volatility is very high, and macroeconomic factors (such as the Fed's strategy) will clarify which direction it takes in the coming days.
