XRP is quoted at $ 2.99 after falling 1.38% in the last 24 hours with $ 4 billion in negotiation volume. He touched $ 3.10 earlier this week before retiring, despite the positive news that includes an XRP ETF that appears in US. Analysts say that XRP could try again $ 2.90, with short -term graphics that show caution and opportunity.
Eye $ 2.90 analysts as a key support for XRP
The Casitrades market strategist says that $ 2.98 is the immediate support that XRP must maintain to avoid below. See a jump to $ 2.92- $ 2.94 as a “basic zone” that could stabilize the price action and establish a rebound.
XRP facing critical support. Seeing $ 2.98 compared to the lowest $ 2.90!
$ XRP is receiving a blow together #BitcoinAnd because he could not make a new local maximum, the door is open for deeper correction. The pattern is configuring an ABC with wave targets in low $ 2.90, … pic.twitter.com/zpuj2min2u
– Casitrades
(@Casitrades) Other merchants echo this opinion, noting that repeated XRP tests around the $ 3 brand reflect the healthy interest of the market. Instead of a breakdown, they argue that consolidation could be creating a basis for recovery. This optimism is based on keeping the $ 2.90 corridor– $ 2.98, which has now become the battlefield for bulls and bears.
- The divergence suggests short -term rise potential.
- The Casitrades analyst warns $ 2.90 if $ 2.98 is broken.
- $ 2.92– $ 2.94 seen as a solid recovery zone.
The XRP and Dogecoin ETFs register $ 54 million on the first day
Despite short -term caution, XRP continues to benefit from the growing institutional recognition. The debut of the first XRP and Dogecoin ETFs that quote in the United States obtained a remarkable demand, registering $ 54.7 million in commercial volume on the day of the launch.
The XRP ETF (Ticker XRPR) captured $ 37.7 million, marking the highest volume of day one of any ETF launched in 2025. The ETF of Dogecoin (Doje) also impressed with $ 17 million, placing it among the five main artists of more than 700 new ETF listings this year.
The strong response emphasizes deepening the appetite of investors by Altcoin -based financial products. Historically, most ETF debuts with only $ 1 million in daily operations. That XRP ETF exceeded the expectations of such a broad margin reinforces its status as one of the most established digital assets in the market.
ETF Demand highlights investors confidence
Despite short -term pressure, XRP continues to attract institutional attention. The debut of the first XRP and Dogecoin ETFs that quote in the United States obtained a strong demand, with a combined negotiation volume of day one that reached $ 54.7 million.
The ETF XRP (XRPR) led with $ 37.7 million, the largest opening volume of any ETF launched in 2025.
The ETF of Dogecoin (Doje) also impressed with $ 17 million, classifying among the five best artists of more than 700 new ETF this year.
As a comparison, most ETFs are launched with only around $ 1 million in initial operations. The exceptional debut of XRP underlines the growing appetite of investors by Altcoin -based financial products and reinforces its position as one of the most established digital assets in the market.
XRP technical perspectives and future price route
Technically, the XRP table shows a descending triangle, a structure formed by lower maximums pressing against the firm horizontal support. The 50 -day EMA is at $ 3.00, resistance, while the 200 -day EMA is well below $ 2.15, reinforcing the long -term trend.
The fibonacci retouches of the July rally have $ 2.99 as the level of 0.382 now under pressure, $ 2.79 the setback 0.5.
The impulse is mixed. The RSI is in 50, neutral. The candle patterns show rejection in the line of trend, the impulse is fading. Above $ 3.25 and is bullish, $ 3.43 and $ 3.66. Below $ 2.90 and is bassist, $ 2.79 or $ 2.58 before buyers intervene.
For merchants, $ 2.79- $ 3.25 is the range. Holding the support and is a measured movement at $ 3.60 and more, in line with the ETF inputs.
Looking towards the future, if liquidity and institutional participation continue to grow, XRP’s long -term trend is intact and $ 5 in the next great cycle is not out of discussion.
Bitcoin Hyper presale ($ Hyper) combines BTC safety with solar speed
Bitcoin Hyper ($ Hyper) is being positioned as the first native Bitcoin layer fed by the Solana virtual machine (SVM). Its objective is to expand the BTC ecosystem by allowing low -cost intelligent contracts, decentralized applications and even the creation of meme coins.
By combining the unparalleled security of BTC with the Solana High Performance frame, the project opens the door to completely new cases, including the BTC bridge without seams and the development of scalable DAPP.
The team has put a strong emphasis on trust and scalability, with the project audited by consultation to provide confidence to investors in their foundations.
The impulse is being built quickly. The presale has already crossed $ 17.2 million, leaving only a limited allocation still available. In today’s stage, Hyper Tokens have a price of only $ 0.012945, but that figure will increase as the presale progresses.
You can buy Hyper Tokens on the official Bitcoin Hyper website using Crypto or a bank card.
Click here to participate in the presale
Post XRP price prediction: why an analyst sees a deeper correction at $ 2.90 first appeared in Cryptonews.
