- XRP is trading at $2.82, stuck between support at $2.74 and resistance near $3.00.
- A breakout above $2.95–$3.05 could trigger moves toward $3.30, while a breakdown risks $2.65–$2.50.
- Ripple’s bigger vision points to long-term growth, with speculation of XRP capturing a share of the $10T custody market by 2030.
XRP is sitting at $2.82 right now, logging a modest 0.78% daily gain. The coin has been stuck in a tight range ever since it failed to hold that late-July rally above $3.00. Market data shows a clear battlefield forming: buyers defending support between $2.74 and $2.78, while sellers keep stacking orders around $2.92 to $3.05. Until one side cracks, XRP looks like it’s drifting sideways.
The 9-day DEMA rests near $2.80, and XRP is hovering slightly above it. Staying there could set up another test at $2.95, though the repeated rejections around $3.00 show just how heavy the selling pressure is. Indicators aren’t giving much away either—the RSI sits at 43.9, tilted neutral-to-bearish, and the MACD is still under zero. For bulls to really gain traction, XRP needs a daily close above $2.95, backed by stronger trading volume.
Short- and Medium-Term XRP Scenarios
If buyers manage to push through $2.95, the next pivot lands at $3.05. Clearing that zone could open a shot at $3.15, maybe even $3.30, marking a breakout from this dull range. On the flip side, a drop under $2.74 would drag the token back to $2.65, with weaker momentum possibly sliding further toward $2.50. Right now the market feels stagnant—neither side pressing hard enough for a decisive trend.
Sentiment is split. Sellers keep hammering the $3.00 ceiling, while buyers reload around $2.74. It’s a tug-of-war with no clear winner yet, meaning XRP could stay locked in this range until a strong catalyst arrives.
Ripple’s Long-Term Vision for XRP
While traders obsess over whether XRP breaks $3, Ripple’s leadership keeps talking about the bigger game. CEO Brad Garlinghouse recently highlighted how the digital asset custody market could swell to nearly $10 trillion by 2030. He hinted that XRP might capture a slice of that pie—enough to justify valuations far beyond today’s prices.
Some long-term forecasts even float numbers as high as $100 for XRP, based on Ripple’s expanding partnerships with central banks and global finance institutions. That’s obviously speculative, but it frames XRP as more than just a short-term trade. For now though, traders are stuck tracking the technical levels, while the broader narrative builds quietly in the background.
