Summary
- XRP is hovering around $2.85, struggling to gain traction as macroeconomic uncertainty weighs across crypto.
- Institutional demand is igniting optimism—CME XRP futures have topped $1 billion in open interest, signaling renewed faith from institutional players.
- However, bullish momentum remains fragile as the U.S. Federal Reserve’s shifting outlook on interest rates dampens sentiment.
XRP is trading just below the $2.85 mark after slipping in line with a broader crypto pullback. The token is consolidating inside a narrow range, caught between surging institutional demand and persistent macroeconomic headwinds.
Whether futures-led optimism can outweigh the dampening effect of U.S. Federal Reserve uncertainty will likely decide XRP’s next move.
Because the pattern’s resolution might decide whether XRP’s next significant move is toward new highs or back into deeper correction territory, traders and investors are keeping a careful eye on this setup.
Table of Contents
XRP price prediction: current market conditions
At the time of writing, Ripple (XRP) is priced around $2.95, down roughly 5% over the past 24 hours. The token has been consolidating for several sessions within a well-defined band, with support at $2.85 and resistance at $3.05–$3.10.
This tight trading zone reflects a classic setup: buyers have repeatedly defended the lower boundary, while sellers continue to reject upward pushes near $3.10. Volume has cooled, indicating that traders are in a wait-and-see mode ahead of a decisive breakout.
Institutional support keeps bulls engaged
A surge of institutional activity has strengthened the bullish case for XRP. CME’s XRP fut
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Author: Hassan Shafiq
