Ripple (XRP) is trading near $3, around 18% below its all-time high of $3.65. After reaching a recent peak of $3.07, the price pulled back slightly but remains stable. The trading volume over the last 24 hours is approximately $4.92 billion. While price action was negative in the short term, XRP has gained 5% in the past week. Analysts are watching key levels and patterns that could shape the next move. Resistance Forms Near $3.07 The early push to $3.07 saw significant selling activity. This area now acts as short-term resistance. Volume increased sharply at that level, suggesting strong profit-taking. XRP then dropped back to $3.00, where buyers have stepped in. The $2.98 level has been tested multiple times and continues to hold. CRYPTOWZRD noted that a move above $3.01 would open the way to $3.13, with $3.15 being the next area to watch. He added, XRP Daily Technical Outlook: $XRP closed with a gravestone doji. However, XRPBTC should be pushing up soon, which will help XRP to become more bullish. Moving above the $3.0100 resistance in the intraday chart will trigger a long pic.twitter.com/2WKAgxByPu — CRYPTOWZRD (@cryptoWZRD_) October 6, 2025 Until then, traders remain focused on short-term price setups. Price Pattern Suggests Breakout Phase A longer-term view shows a repeating four-phase structure. XRP has followed a similar path in the past: a strong rally, long correction, tight consolidation, then breakout. Based on current price behavior, XRP appears to be in the final phase again. Analyst CW pointed out that only an 18% move is needed to retest the previous high. The same setup appeared before XRP’s major run in 2017. If momentum builds above $3.30, historical price targets suggest $22 could come into view. This is based on Fibonacci levels often used by technical traders. On the XRP/BTC chart, price is compressing inside a symmetrical triangle that started forming in 2018. The chart now shows price near the upper boundary of that pattern. A breakout from this zone could shift momentum in XRP’s favor. CW stated: A breakout of the convergence on the $XRP /BTC chart is imminent. The first real rally in 8 years is about to begin. pic.twitter.com/hvBQbndXBY — CW (@CW8900) October 5, 2025 Remarkably, the last time this pair broke from a similar setup, XRP outperformed Bitcoin for several months. Traders are now watching volume closely for signs of follow-through. Exchange Inflows Raise Questions Data from Glassnode confirms that more than 320 million XRP — worth about $950 million — were moved to exchanges between September 26 and October 5. Balances on exchanges rose from 3.45 billion to 3.85 billion XRP in that time. Source: Steph Is Crypto/X Despite this increase, XRP’s price remained stable. This suggests the market either absorbed the added supply or the tokens have yet to be sold. Analyst Steph Is Crypto posted , “OVER 320 MILLION $XRP ($950 MILLION) TRANSFERRED TO EXCHANGES IN JUST 7 DAYS. SHOULD WE BE WORRIED?” Large inflows to exchanges are often viewed as a signal that selling may follow. Whether this happens will depend on how price and volume behave in the days ahead. The post Is Ripple’s (XRP) Price About to Explode to $22 this Bull Run? appeared first on CryptoPotato .
