XRP Setup: Symmetrical Triangle and Neutral RSI Point to Potential $3.30 Move

XRP saw a volatile session, trading between $2.76 and $2.86, amid ongoing geopolitical tensions and monetary policy uncertainty. Whales accumulated roughly 340 million XRP ($960M) near the $2.76 lows, signaling continued institutional interest despite broader market weakness.

Analysts are split: some caution that a break below $2.76 could drive prices toward $2.50, while others see upside potential above $4.00 if $3.30 resistance is breached.

Price Action: XRP opened around $2.79 and closed near $2.82, up 2% on the session. The intraday low at $2.76 was defended with volume spikes exceeding 180M XRP, well above the 24-hour average. The token rallied to $2.86 in early afternoon trading, marking near-term resistance. High-volume trades continued into the final hour, confirming institutional participation.

Technical Overview:

• Support: $2.76–$2.78; next levels at $2.70 and $2.50.
• Resistance: $2.86 near-term, with key breakout levels at $3.00 and $3.30.
• Momentum: RSI in mid-50s, neutral-to-bullish.
• MACD: Histogram trending toward bullish crossover.
• Patterns: Symmetrical triangle below $3.00 intact; higher lows indicate growing breakout pressure.

Traders Are Watching:

• Whether $2.76 can hold under repeated tests or a breakdown targets $2.50.
• Sustained closes above $2.86 and $3.00 as momentum confirmation.
• Whale and ETF-related flows, including potential catalysts from October spot ETF rulings.
• Volume trends to gauge breakout strength.

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