Quick Takeaways:
- XRP is bouncing between $2.99 support and heavy resistance near $3.20.
- Ripple’s new partnership with BDACS Korea could spark fresh institutional interest.
- A breakout above $3.20 may trigger a rally to $3.30 and beyond.
XRP Price Prediction: What’s Holding It Back Near $3.00?
Right now, XRP is stuck in a bit of a waiting game. It’s trading just under $3.00, showing strength but not quite enough to break out yet.
After briefly touching $3.10, the price slipped back toward the familiar $2.99 support zone. It’s been moving sideways ever since.
Why does this matter? Because this tight range between $2.99 and $3.20 has held XRP back for most of September. Traders are watching closely to see if it can finally break through that $3.08–$3.20 zone, which has acted like a ceiling lately.
The good news? XRP is still sitting above key technical levels. The 20-day moving average at $2.99 is holding strong, and the 50-day average at $2.95 is offering backup.
If XRP stays above these levels, bulls still have a shot. But if it dips below, $2.83 could be next.
XRP Price Prediction: Ripple’s South Korea Deal Could Be a Game-Changer
Here’s something that’s got XRP fans excited: Ripple just partnered with BDACS Korea, a government-licensed crypto custodian in South Korea.
This opens the door for institutional investors to easily access XRP and tokenized assets in one of Asia’s most active crypto markets.
Why does this matter for the price? Institutions tend to buy big. If South Korean demand grows, that could fuel a fresh wave of buying pressure.
There’s also growing chatter from analysts like Dr. Jim Willie, who believes big banks may be holding XRP’s price down intentionally, trying to scoop up large amounts at a discount before its role in global payments becomes more central.
Whether or not that theory holds water, it reflects a growing belief that institutional demand is building behind the scenes.
XRP Price Prediction: Signs Point to a Breakout, But Timing Is Everything
If you zoom into the 4-hour chart, things are getting tight literally. XRP is pressing against the lower Bollinger Band near $2.96 while holding above a support line at $2.98.
The bands are squeezing, which usually means one thing: a big move is coming.
So, what would a breakout look like?
If XRP can climb above $3.05, it’s likely to face resistance around $3.12. But the real test is $3.20.
A clean break above that could send XRP flying toward $3.30 or even $3.46 if momentum kicks in.
On the flip side, if it loses $2.95 support, we could see a pullback to $2.83.
That’s where the 100-day EMA sits, acting as a “last line of defense” before deeper dips.
XRP Price Prediction: What Comes Next?
It all comes down to this: Can XRP break out of its current range?
If it pushes past $3.20, there’s a good chance we’ll see bulls take control and drive it toward $3.30.
But if that resistance holds firm, we might be in for more sideways movement… or even a dip if key supports break.
The setup isn’t perfect, but it’s promising. Strong fundamentals like the BDACS partnership and solid support around $2.99 give XRP a decent base to work from. Now, it’s a waiting game to see if buyers step up.
