XRP Holds $3 Support, Bullish Breakout Eyes $3.50

According to technical analysis from Trading View, XRP is demonstrating a mixed but ultimately promising technical picture. The price is currently holding resistance around $3.08, having been tested multiple times without significant drops. Crucially, XRP maintains its position above the 200-day moving average at $2.51, indicating strong long-term foundation and investor confidence. However, the cryptocurrency continues to struggle under its 50-day moving average, reflecting the ongoing consolidation phase between $2.98 and $3.10.

The most significant technical development comes from the MACD indicator, which has recently turned bullish according to Trading View data. This shift suggests that momentum may be building for an upside push, particularly if buying pressure increases. While trading volume remains moderate—indicating that buyers are present but not yet in full force—the technical alignment points toward potential strength in the coming weeks. Support levels are firmly established at $2.74 with deeper support near $2.51, providing a safety net against significant downside movement.

Data from CryptoRank reveals that XRP has posted a 9.55% gain in September 2025, effectively reversing August’s 8.15% decline and signaling a potential exit from the extended consolidation phase. This positive monthly performance suggests that the cryptocurrency is slowly building momentum despite the sideways price action around the $3.00 mark. The fact that XRP has maintained this key support level indicates that bulls are defending critical price zones, increasing the probability of upside continuation rather than deeper decline.

Market sentiment data from CoinMarketCap presents an overwhelmingly bullish picture, with 88% of 1.5 million voters expecting further upside movement. Only 12% of traders maintain a bearish outlook, creating a stark contrast between community optimism and the current sideways price predictions. This divergence suggests that traders view the consolidation as temporary and are positioning for a significant breakout. The strong sentiment, combined with the technical indicators turning positive, creates a compelling case for potential bullish momentum in the near term.

According to data curated from CoinCodex, XRP’s price is expected to hold near the $3.00 mark over the coming days, with predictions suggesting a minor dip toward $2.98 before a recovery attempt. The platform indicates potential returns ranging from 0.8% to 2.5% for short positions in the next week, reflecting the limited downside risk currently perceived by analysts. This cautious optimism aligns with the broader technical picture that shows XRP in a recovery zone but not yet in full rally mode.

The trading outlook remains cautiously optimistic, with the $3.10 level serving as the critical resistance point to watch. A successful breakout above this threshold could open the path toward $3.50, representing a significant move that would validate the current bullish sentiment and technical indicators. Conversely, failure to hold the $3.00 support could see XRP retreat toward the $2.74 support level. The current consolidation phase, while testing trader patience, appears to be setting the stage for the next significant price movement, with the balance leaning toward upward momentum given the combination of technical strength, positive September performance, and overwhelming market optimism.