- XRP price today trades at $2.87, holding above $2.83 support but capped by $2.95–$3.08 EMA resistance.
- Ripple’s BlackRock and VanEck integration boosts optimism, reinforcing XRP’s role in institutional liquidity.
- On-chain flows show $7.6M in outflows on September 24, signaling cautious sentiment despite bullish headlines.
XRP price today is trading near $2.87, staging a modest rebound after testing lows of $2.79 earlier in the week. The recovery comes as buyers attempt to defend the $2.83–$2.80 zone, but heavy resistance remains overhead at $2.95 and $3.08, where key exponential moving averages (EMAs) converge. The standoff reflects the clash between cautious technical signals and fresh bullish sentiment after Ripple’s latest institutional announcement.
XRP Price Holds Critical Support
The daily chart highlights XRP consolidating inside a wide Fibonacci range. Immediate resistance sits at $2.95–$3.08, aligned with the 20- and 50-day EMAs. Above this, the $3.19 and $3.30 levels from the 0.5 and 0.618 retracements mark the next hurdles before buyers can regain momentum.
Support remains layered between $2.83 and $2.60, with the 200-day EMA at $2.59 providing a critical floor. Momentum has cooled, as the Parabolic SAR flipped bearish last week and the RSI slipped below 50. Unless XRP price today clears $3.08, sellers will retain near-term control.
Ripple’s BlackRock Partnership Sparks Optimism
Ripple and XRP drew headlines after Brad Garlinghouse confirmed that BlackRock’s $BUIDL and VanEck’s $VBILL funds will gain instant redemption through RLUSD and eventually RLUSD/XRPL. Market commentators framed this as a major breakthrough, positioning XRP as a bridge for institutional liquidity flows.
Analyst Armando Pantoja argued the move could “send XRP to $8–$12 quickly,” with long-term potential toward three-digit valuations. While such projections remain speculative, the news reinforces XRP’s utility narrative at a time when investors are seeking tokens with institutional relevance. This catalyst provides a counterweight to weak technical momentum and keeps buyers engaged at current levels.
On-Chain Flows Show Persistent Outflows
Spot flow data shows a $7.6 million net outflow on September 24, extending a multi-week pattern of selling pressure. Netflows have remained negative for much of September, reflecting profit-taking and reduced conviction among traders.
Although institutional headlines boosted sentiment, the lack of consistent inflows suggests retail and speculative players remain hesitant. Futures open interest has also flattened, reinforcing the view that capital allocation into XRP price action remains cautious rather than aggressive. Until flows turn positive, upside moves could struggle to sustain follow-through.
Technical Outlook For XRP Price
Key levels for XRP price prediction are as follows:
- Upside: $2.95, $3.08, $3.19, and $3.30 as near-term breakout zones. Clearing these would open the door to $3.46 and $3.65.
- Downside: $2.83 and $2.60 as primary support. Losing $2.60 would expose $2.40 and potentially unwind summer gains.
- Trend levels: 200-day EMA at $2.59 as the last major defense for bulls.
Outlook: Will XRP Go Up?
The immediate path for XRP hinges on whether Ripple’s BlackRock and VanEck integration can spark sustained demand. Technical momentum remains fragile, with EMAs capping rallies and on-chain flows still negative. Yet the institutional liquidity narrative provides a compelling backdrop that could trigger renewed accumulation if price reclaims $3.08.
As long as XRP defends the $2.80 zone, analysts see room for a rebound toward $3.19–$3.30. A decisive close above this cluster would validate bullish continuation. Failure to hold support, however, risks extending the correction back to the $2.60 area. For now, XRP remains in consolidation mode, balancing between strong fundamentals and weak near-term flows.
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