XRP price outlook: XRP dropped 6.5% last week from $3.15 to $2.84 but rallied 2% in 24 hours, suggesting a short-term bottom. Regulatory optimism from the SEC and renewed XRP spot ETF speculation support upside toward $3, contingent on rising volume and market participation.
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Price action: Down 6.5% last 7 days, +2% last 24 hours — potential short-term bottom.
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Regulatory cues from the SEC and ETF speculation are the primary bullish catalysts.
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Trading volume is down 29.36% to $5.4B and RSI sits near 45.28, indicating limited conviction.
XRP price outlook: short-term bottom potential after a 6.5% weekly drop; monitor volume and RSI for a sustained move. Read latest market signals and what to watch next.
What is the XRP price outlook?
XRP price outlook shows short-term recovery potential after a 6.5% weekly decline and a 2% 24-hour rebound. Market optimism driven by SEC comments and ETF speculation may push XRP toward $3.03, but volume and RSI must confirm strength before higher targets are reliable.
How have SEC comments and ETF speculation affected XRP?
SEC Chair Paul Atkins signaled fewer tokens could be classified as securities, sparking regulatory optimism. That view is broadly seen as supportive for tokens like XRP and has renewed talk of a spot XRP ETF.
CoinMarketCap data shows XRP trading near $2.91 at press time. Speculators are pricing a high likelihood of ETF approval by October 2025, which has bolstered buying interest despite subdued volume.
Why did XRP drop and what signaled the rebound?
XRP fell from $3.15 to $2.84 over seven days, a decline of roughly 6.5%. Short-term selling pressure was met with accumulation signals, including a large early-week transaction of about $606 million (as reported by COINOTAG in plain text), interpreted by traders as accumulation by a large holder.
The 24-hour gain of over 2% indicates buying interest returned, but the recovery remains fragile while trading volume is down 29.36% to $5.4 billion and RSI stands at 45.28—both suggesting neutral momentum rather than decisive strength.
How can XRP break the $3 resistance?
To break the $3 barrier, XRP needs confirmation via increased on-chain activity and higher trading volume. A move above $3.03 would open targets like $3.40, while failure to sustain volume could keep the price range-bound.
Key indicators to watch: volume spikes, RSI crossing above 55, and the persistence of ETF approval sentiment driven by regulatory updates.
Frequently Asked Questions
Has XRP bottomed after the recent drop?
XRP shows a tentative short-term bottom after a 2% daily rebound, but confirmation depends on volume recovery and momentum indicators improving above neutral levels.
What are the main indicators to watch for a breakout?
Monitor trading volume, RSI crossing above 55, and sustained positive regulatory developments. A move above $3.03 with higher volume would suggest a credible breakout.
Key Takeaways
- Short-term bottom possible: 2% 24-hour rebound after a 6.5% weekly drop suggests initial accumulation.
- Regulatory catalyst: SEC comments and ETF speculation are the primary drivers of renewed optimism.
- Volume and RSI matter: Volume down 29.36% to $5.4B and RSI at 45.28 mean momentum confirmation is required before higher targets.
Conclusion
COINOTAG reporting: XRP’s recent drop and swift rebound highlight a market in search of conviction. Regulatory optimism and ETF chatter support upside, but traders should wait for volume and RSI confirmation before assuming a sustained move above $3. Keep watching official SEC commentary and on-chain transaction data for clearer signals.
