XRP Price Prediction: Can Bulls Overcome Bearish Pressure to Reach $3?

#XRP

• Critical Support Level: XRP must maintain above $2.13 Bollinger Band support to prevent further bearish momentum
• Fundamental Developments: African banking partnerships and SWIFT integration provide strong long-term growth catalysts
• Technical Resistance: Overcoming the death cross and moving above $2.65 is essential for any sustained move toward $3

XRP Price Prediction

XRP Technical Analysis: Critical Support Test Ahead

XRP is currently trading at $2.41, below its 20-day moving average of $2.6763, indicating short-term bearish pressure. The MACD shows a positive reading of 0.1130, suggesting some underlying bullish momentum remains. However, the price is trading NEAR the lower Bollinger Band at $2.1340, which serves as crucial support.

According to BTCC financial analyst William, 'The technical setup shows XRP at a critical juncture. Holding above the $2.13 support level is essential for any potential rebound toward the $3 resistance level. The death cross formation and current position below key moving averages suggest caution in the near term.'

Mixed Signals for XRP Amid African Expansion and Market Pressure

Recent developments present conflicting signals for XRP. Positive news includes Ripple's strategic banking partnership in Africa with ABSA Bank and ambitions for a $1 billion treasury fundraising through a SPAC deal. However, these are countered by bearish factors including recent price declines below $2.40 and increased selling pressure.

BTCC financial analyst William notes, 'The African banking partnerships and SWIFT integration news provide strong fundamental support, but current market sentiment remains cautious. The death cross formation and recent liquidations have created headwinds that may delay the push toward $3.'

Factors Influencing XRP's Price

XRP Forms Death Cross Amid Conflicting Market Signals

Ripple's XRP has plunged 35% from its yearly peak, now hovering at $2.37 as a death cross emerges on daily charts. The ominous technical pattern—where the 50-day WMA crosses below the 200-day WMA—often precedes extended downtrends.

Despite breaching the Murrey Math Lines support, XRP faces immediate resistance at $2.70. The breakdown invalidates an Elliott Wave impulse phase, potentially opening a path toward $2. Market technicians note the descending triangle formation compounds bearish pressure.

Paradoxically, Ripple's fundamentals appear robust. The blockchain firm continues securing institutional partnerships and regulatory victories, creating a stark divergence between price action and underlying value propositions. This tension between technical pessimism and structural optimism defines XRP's current market paradox.

Africa Crypto News Week in Review: ABSA and Ripple Join Hands, Ghana's Regulatory Push, and Blockchain.com's Nigerian Ambitions

ABSA Bank, one of Africa's largest financial institutions, has partnered with Ripple to offer custodial services on the Ripple blockchain. This collaboration marks another milestone in the integration of cryptocurrency solutions by traditional banks. ABSA customers gain access to crypto storage and asset management tools, signaling growing institutional confidence in digital assets.

Ghana's central bank plans to introduce comprehensive cryptocurrency regulations by December, aligning with broader continental trends toward formalized oversight. The move positions Ghana alongside other African nations establishing legal frameworks for digital currencies.

Blockchain.com is pursuing a crypto exchange license from Nigeria's Securities and Exchange Commission, following its recent selection of Nigeria as a regional hub. This strategic positioning underscores West Africa's growing importance in the global crypto ecosystem.

XRP Price Dips Below $2.40 as Bears Tighten Control

XRP has entered a fresh bearish phase, extending its decline after failing to hold above $2.50. The cryptocurrency now trades near $2.35, down 3% in 24 hours, with analysts eyeing potential support levels at $2.28 and $2.25.

Technical indicators paint a grim picture—the 100-hourly SMA acts as resistance, while a descending trendline at $2.40 reinforces selling pressure. Despite a minor rebound from $2.287, weak momentum suggests bears remain firmly in control.

The MACD histogram signals growing downward momentum, compounding concerns for traders. Market participants now watch whether XRP can defend key support zones or face further depreciation.

XRP Recovers to $2.36 as Ripple Secures Strategic African Banking Partnership Despite Recent Selloff

XRP trades at $2.36, marking a 1.5% daily gain, as Ripple's partnership with Absa Bank provides fundamental support following a broader crypto market decline. The collaboration aims to integrate custody technology for tokenized assets, signaling Ripple's expansion into Africa's financial ecosystem.

Market volatility peaked on October 16 with a 15% drop across crypto assets, driven by U.S.-China trade tensions. XRP's recovery reflects renewed institutional confidence, underscored by Ripple's security enhancements through Immunefi and its growing enterprise adoption.

Ripple Targets $1B XRP Treasury Fundraising via SPAC Deal

Ripple Labs is advancing plans to establish a $1 billion XRP treasury, leveraging a special purpose acquisition company (SPAC) for fundraising while allocating portions of its existing XRP holdings. This strategic move underscores Ripple's institutional ambitions in digital asset management despite volatile market conditions.

The proposed treasury would become the largest XRP-focused reserve to date, outpacing similar initiatives by Trident Digital ($500M) and Webus International ($300M). The SPAC structure allows Ripple to attract external capital while retaining control over its crypto assets, with deal terms still being finalized.

This development positions Ripple at the forefront of corporate cryptocurrency treasury solutions, bridging blockchain efficiency with traditional finance mechanisms. The timing reflects growing but selective corporate interest in crypto reserves, with XRP remaining a niche choice for institutional allocations.

XRP Drops Amid Liquidations – Can Bulls Hold $2.20 Support?

XRP faces renewed pressure following the Oct. 10 crypto flash crash, which triggered record liquidations across major markets. The token briefly plunged nearly 40% intraday before stabilizing between $2.20 and $2.60. Analysts remain cautiously optimistic, citing potential ETF decisions and regulatory updates as catalysts for a turnaround.

Whale activity and leveraged positions exacerbated the sell-off, but on-chain data shows slowing exchange inflows post-crash. Technical levels suggest $2.20 as critical support, with a close above $2.80 needed to reverse the downtrend.

XRP Eyes Bullish Breakout Toward $5 After Ripple SWIFT Integration

XRP is gaining momentum as Ripple’s strategic integration with the SWIFT network through GTreasury fuels optimism for a potential bullish breakout. The cryptocurrency, currently trading at $2.36 with a 24-hour volume of $4.37 billion, has seen a 1.52% uptick amid renewed market interest.

Analysts highlight a critical juncture for XRP, noting its test of key support levels between $1.70 and $2. A decisive break above $3.30 could catalyze a rally toward $5—with some chartists eyeing $10 as a longer-term target. The SWIFT integration positions Ripple as a potential linchpin in modernizing cross-border settlements, amplifying XRP’s utility narrative.

Crypto Patel observes XRP emerging from a multi-year downtrend, while CryptoSensei underscores the GTreasury acquisition as a watershed moment for institutional adoption. Market capitalization now stands at $142.23 billion, reflecting growing confidence in the asset’s role in the evolving financial infrastructure.

XRP Wallets Hit New High as Price Eyes $2.65 Breakout

XRP accumulation is surging among high-value investors, with wallets holding 10,000+ tokens reaching a record 317,500—a 1.8% monthly increase. Santiment data reveals this bullish on-chain activity coincides with a 5.3% price rebound from recent lows.

Technical indicators suggest growing momentum: the token approaches a critical $2.48 resistance level as RSI and MACD signal weakening bearish pressure. Market watchers anticipate a potential rally toward $2.65 if the breakout holds.

The expanding cohort of mid-to-large holders reflects enduring confidence in XRP's ecosystem. Historically, such accumulation phases precede both short-term recoveries and sustained trend reversals—a pattern now unfolding amid broader market optimism.

Ripple Labs to Lead $1 Billion Fundraise via SPAC for XRP Treasury

Ripple Labs is orchestrating a $1 billion fundraising effort through a special purpose acquisition company (SPAC) to accumulate XRP for a new digital asset treasury. The company, which already holds 4.5 billion XRP tokens and has 37 billion more in escrow, aims to bolster its reserves with freshly purchased tokens. Terms of the deal remain under negotiation.

In a parallel move, Ripple announced its acquisition of GTreasury, a Chicago-based corporate treasury management firm, for $1 billion. This marks Ripple's third major acquisition in 2025 and equips the company with tools to manage yield-generating digital assets for institutional clients.

XRP Price Rebounds from Key Support Level Amid Market Uncertainty

XRP demonstrated resilience in volatile trading, bouncing from an early low of $2.19 to reclaim $2.37 as institutional buyers defended the $2.20 support zone. Trading volume spiked to 246.7 million during the morning sell-off—triple the 24-hour average—before stabilizing at $2.33.

Market sentiment remains cautiously optimistic despite macroeconomic headwinds, including U.S.-China tariff tensions. Analysts note the $2.20 level has emerged as a critical accumulation area, with buy programs actively absorbing selling pressure.

Investors are positioning ahead of potential regulatory developments, including speculation about a Grayscale XRP ETF. The token's defensive recovery suggests waning bearish momentum, with technical strength building near current levels.

XRP Price Must Hold This Support to Reclaim $3: Details

XRP surged nearly 7% to $2.35 today, recovering from a weekly low of $1.53 amid broader crypto market volatility. The rebound follows dovish comments from former US President Donald Trump regarding China tariffs, easing trade war concerns that had triggered the selloff.

Ripple CEO Brad Garlinghouse's recent social media post highlighting a major company development has bolstered trader confidence. Despite the price increase, trading volume dropped 41% to $5.23 billion, suggesting cautious market participation.

Analysts are now watching key support levels as traders eye a potential $3 price target. The cryptocurrency's performance remains tied to both macroeconomic factors and Ripple-specific developments, creating a complex trading environment.

Will XRP Price Hit 3?

Based on current technical indicators and market developments, reaching $3 appears challenging in the immediate term but remains possible with sustained bullish momentum.

William from BTCC emphasizes that 'While the African banking partnerships and SWIFT integration provide strong long-term fundamentals, XRP needs to consolidate above $2.65 and overcome the death cross pattern before a sustained move toward $3 becomes likely. The $2.13 support level must hold to prevent further declines.'