XRP is trading just under $3 after recovering from its recent pullback. On the weekly chart, the token still carries a bearish divergence that first appeared in July near $3.40. That pattern has weighed on the price for several months. Even so, the market has now stabilized, with strong support holding between $2.70 and $2.80.
Support and Resistance Levels
The $2.70–$2.80 area has proven critical. Each time XRP has tested this zone, buyers have stepped in, preventing deeper losses. The token is now challenging resistance near $2.93 to $2.94. If momentum continues, the next target is the $3 mark, followed by a stronger resistance band at $3.10 to $3.15. Beyond that, the $3.30 to $3.35 region shows the next key ceiling where sellers have historically defended.
Role of Bitcoin and Market Conditions
XRP’s path will depend heavily on Bitcoin’s trend. If Bitcoin holds above $118,000 and confirms strength, analysts see higher odds of XRP advancing toward these upper resistance zones. However, if Bitcoin dominance rises at the same time, altcoins such as XRP may lag behind the market leader. A breakout in Bitcoin often sparks wider momentum, but capital rotation patterns determine whether XRP can outperform.
Outlook
For now, XRP’s bullish case rests on keeping support intact and clearing the $3 resistance. A confirmed move through $3.15 would open the door to a run toward $3.30 and higher. As long as Bitcoin continues to build strength, XRP is likely to maintain its recovery and may test fresh highs into Q4.
At the time of writing, XRP is trading at $2.97 and is up by more than 5.5% in the last 24 hours.