XRP retreated on the psychological level of $ 3.00 in the morning trade of Sunday Asia, reversing the breakdown of Saturday that saw the minimums of Token about $ 2.95. The rebound followed a heavy volume frusmout that cleared the leverage, with gangs and whales hunters intervening aggressively. The operators now see the range of $ 3.10– $ 3.30 as the key battlefield, with rupture projections aimed at $ 4.00– $ 4.20.
News history
• Presentations of ETF XRP – seven still live – They carry October decision windows that merchants frame as “binary” events for the action of the fourth quarter.
• The Japanese partner of Ripple, SBI, deepened his loan program linked to XRP last week, feeding the institutional integration narratives in Asia.
• The largest cryptographic markets remain volatile after $ 1.7 billion in derivatives liquidations, although XRP wallet tickets exceeded the 160 million tokens last week.
Summary of the price action
• The rejection of $ 3.0 on October 4 confirmed the short -term resistance.
• Displosed at $ 2.95 between 13: 00–15: 00 arrived in volume of 122 m – 3x average.
• Closing stabilization at $ 2.96– $ 2.97 establishes the scenario for the recovery of the Asia session.
• For Sunday morning, XRP decisively pushed to $ 3.00, returning the level to the support.
• Impulse merchants are now marking $ 3.30 as the next test, with $ 4.00+ as the rupture projection.
Technical analysis
• Support: fresh base at $ 2.95– $ 3.00 defended by high volume accumulation.
• Resistance: $ 3.03 in the short term, with a breakdown zone identified at $ 3.30.
• Trend: Inverse head and shoulder pattern of greater intact time frame, looking at $ 4.20– $ 4.80 if $ 3.30 is erased.
• Volume: discharge volumes at 122 m indicate a strong rotation, while Asian hours show accumulation of renewed whales.
• Moment: Middle of the 50s suggests a neutral bias to 9 of antenna; MACD Trend towards the Crossover Alcista.
What merchants are seeing
• Can XRP hold closed above $ 3.00 and build a base for execution at $ 3.30– $ 3.50?
• The ETF decision window of October 18 of the SEC and the spill in the approvals of Altcoin ETF.
• Ballena whale flows and reserve changes in exchange as positioning controllers.
• Macro Gate: Fed stick pivot and Asian liquidity flows that shape the risk appetite.
