News View Non-AMP

XRP Price Breaks $3, Analysts Say $5 Possible

Published by
Anjali Belgaumkar

XRP price is currently trading above the important $3 mark after gaining more than 3% in the last 24 hours. The move comes after weeks of steady accumulation by whales.

Strong Support and Whale Accumulation

Market data shows $2.80 has acted as firm support, preventing deeper declines and creating a base for recovery. In the past 48 hours alone, whales purchased more than 250 million XRP, with another 120 million acquired over three days.

These transactions, worth hundreds of millions of dollars, hint that institutional players are taking advantage of retail fear and uncertainty.

Historical Parallels With 2017

XRP’s current setup resembles its 2017 bull run. Back then, skepticism turned into a parabolic rally that caught many by surprise. Today, XRP is showing a similar structure, with $3.40 emerging as the next resistance. 

If this level is broken, analysts see a path toward $5 in this cycle. The $2.65 level remains the macro floor, keeping the broader uptrend intact.

ETF Decision Could Be a Catalyst

The U.S. Securities and Exchange Commission is expected to rule on several XRP ETF applications in October. Approval could trigger significant institutional inflows, similar to Bitcoin’s surge when ETF excitement grew. Even without ETF approval, the fourth quarter has historically favored crypto rallies, giving whales another reason to build positions.

What’s Next for XRP

At present, XRP is consolidating near $3. Short-term volatility is likely, but long-term buyers continue to show confidence. If price clears $3.65 and later $4.50, XRP could enter a new phase of price discovery. Analysts say that such a move would open the door to higher targets, reinforcing the view that XRP’s rally may only be getting started.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Top Reasons Why Bitcoin Price Rallied Above $121K Today; What Are Experts’ Insights for Midterm Targets?

After starting the first day of October 2025 in a bullish outlook, Bitcoin (BTC) price…

October 3, 2025

Analyst Identifies The PEPE Of This Month That Can Turn $200 Into $2,500,000 In Weeks

In 2023, PEPE, a meme token virtually worthless at inception, transformed ordinary bets into millions.…

October 2, 2025

Most Undervalued DeFi Crypto? Analysts Favor This Utility Token For 1500% Upside, Here’s Why

In a market where many tokens trade on hype rather than function, the real gems…

October 2, 2025

TRON Developers Impressed by XRP Tundra: Presale Offers Revolutionary Dual Token Acquisition Opportunity

Since its launch in 2017, TRON has become one of the most widely used blockchains…

October 2, 2025

Spanish Bank BBVA Introduces Bitcoin and Ethereum Trading for Retail Clients in Europe

Spanish bank BBVA has teamed up with Singapore’s SGX FX to launch retail crypto trading…

October 2, 2025

Top Coins To Buy This Month Veteran Analyst Reveals

October has traditionally been one of the strongest months for crypto, and this year looks…

October 2, 2025