### Ripple (XRP-USD) Price Forecast – Trading at $2.77 With Support at $2.70 and Targets Toward $5
Ripple’s **XRP-USD** is currently trading at **$2.77**, down 1.8% in the last 24 hours, with a daily turnover exceeding **$6.3 billion** and a market cap nearing **$165 billion**. This positions it among the top five cryptocurrencies. The recent price decline can be attributed to several factors, including technical breakdowns in the short term, heavy institutional liquidations, and ongoing regulatory uncertainties. After reaching its summer peak of **$3.66**, XRP’s price has faced downward pressure, but whale accumulation and speculation surrounding ETFs continue to offer long-term support for the token.
### Technical Pressure: $2.70 Emerges as Key Line in the Sand
Technical analysis reveals that XRP has been consolidating within a descending triangle formation since hitting July’s highs. The key support level is currently at **$2.70**, while resistance lies between **$2.88 and $2.97**, where the 50-day and 200-day Exponential Moving Averages (EMAs) converge. With the Relative Strength Index (RSI) sitting at 37, indicating oversold conditions, and a negative MACD confirming bearish momentum, the outlook appears cautious. Should XRP fail to maintain support at **$2.70**, it could see a drop to the **$2.60–$2.50** range. A more substantial decline might expose prices around **$2.08**, representing a potential downside of 25%. Conversely, breaking through the resistance level of **$2.97–$3.10** could lead to a rally back toward the **$3.60–$3.70** zone, setting the stage for **$5** as a medium-term target.
### Institutional Liquidations Versus Whale Accumulation
Despite the recent price weakness, institutional behavior shows a stark contrast. Data indicates that large wallets have added a remarkable **340 million XRP** over the past two weeks, pushing their total holdings to **7.84 billion XRP**. This surge in accumulation comes at a time when institutions have liquidated about **$1.9 billion** in XRP since July, contributing to the downward pressure below **$2.80**. This divergence between short-term institutional hedging and long-term whale conviction highlights two distinct market dynamics. Analysis from Glassnode indicates a crucial support cluster at **$2.81–$2.82**, where **1.71 billion XRP** were acquired, positioning this area as a significant battleground for investors.
### Elliott Wave and Fibonacci Signals Point to $2.20–$2.50 Accumulation Zone
Technical analysts suggest that XRP is undergoing a “double three” Elliott Wave correction. This implies a probable pullback into the **$2.20–$2.50** accumulation range before a potential rally. Fibonacci retracement levels bolster this prediction, with the 61.8% retracement coinciding with the aforementioned support band. Historically, 61.8% retracements tend to trigger rebounds in over 70% of crypto cases. A dip into this zone could provide a compelling accumulation opportunity, setting the stage for the next upward leg.
### Regulatory Risks and ETF Delay Pressure Price Action
Recent developments from the U.S. SEC regarding spot XRP ETFs have added uncertainty to near-term price movements. The decision on these ETFs has been postponed to **October 24, 2025**, causing anxiety among investors. Historical analysis suggests that such delays often correlate with average declines of **15%** in altcoins, which accounts for XRP’s struggle to regain momentum. Meanwhile, the ongoing legal battle between Ripple and the SEC continues to loom large, albeit many analysts believe that regulatory clarity can pave the way for increased institutional adoption. The tug-of-war between short-term ETF delays and long-term utility considerations contributes to ongoing volatility in XRP trading.
### Macro Sentiment and Fed Policy Influence Crypto Flows
Global liquidity trends significantly impact XRP’s prospects. Currently, markets are pricing in a **90% chance of a Fed rate cut in September**, which typically benefits risk assets like cryptocurrencies. Historically, September has been volatile—Bitcoin’s “Red September” trend extends to altcoins, including XRP, which has frequently undergone wide price fluctuations during the month. If support at **$2.70** holds, increased liquidity due to Fed easing could enable XRP to rebound into the **$3.00–$3.50** range.
### Corporate and ETF Adoption Expand Ripple’s Reach
Despite facing near-term selling pressure, adoption of XRP continues to grow. ProShares’ leveraged XRP ETF has drawn **$1.2 billion** in its first month, while CME XRP futures have garnered over **$1 billion** in contracts, marking it as one of the fastest-growing derivative products. Additionally, Japanese gaming company **Gumi** has invested **$17 million** into XRP holdings, and **Hyperscale Data** announced plans to allocate funds from a **$125 million** raise into XRP. These developments signify a growing recognition of XRP as a preferred asset for payments and liquidity in both corporate treasury management and institutional investment vehicles.
### Medium- to Long-Term Forecast: Range $2.50–$5, With 2028 Targets at $10
In the immediate term, the risk remains that XRP could slide into the **$2.50–$2.60** support range if the **$2.70** support level fails to hold. However, in a medium-term view, breaking above the **$3.00–$3.10** thresholds could pave the way for a rally toward **$3.60–$5.00**. Looking further ahead, analysts project that XRP could reach **$10 by 2028**, driven by factors such as regulatory clarity, ETF approvals, and expanding RippleNet partnerships in cross-border payments. The ongoing whale accumulation and substantial on-chain liquidity around **$2.80** suggest that even amid downward trends, XRP maintains robust structural support. Current market conditions appear to have factored in regulatory uncertainty but may be underestimating the long-term drivers for adoption and growth.
### That’s TradingNEWS
