The XRP pushed back over the psychological $ 3.00 level in the early Sunday Asia trade and turned Saturday’s collapse, which saw Token Hit made near $ 2.95. Rebound followed a heavy volume flushing that cleared geared lengths, with dealers and whales that stepped aggressively. Dealers now consider the $ 3.10- $ 3.30 series as the main battlefield, with breakout projections targeting $ 4.00- $ 4.20.
News Background
• XRP ETF archives – seven still live – berries October decision windows that dealers hit as “binary” events for the 4th quarter.
• Ripple’s Japanese partner SBI elaborated on his lending program tied to XRP last week, which fuel for institutional integration narratives in Asia.
• Wider crypto markets remain unstable after $ 1.7 billion in derivatives, although influx to XRP cartoons exceeded 160 million tokens in the last week.
Summary of Price Action
• Rejection to $ 3.03 on October 4th confirmed the resistance in the short term.
• Division to $ 2.95 between 13: 00–15: 00 Come on 122m volume – 3x average.
• Closing stabilization to $ 2.96- $ 2.97 Set the stage for recovery of the Asia session.
• At Sunday morning, the XRP pushed out resolutely through $ 3.00 and returned the level for support.
• Momentum dealers are now marking $ 3.30 as the next test with $ 4.00+ as a breakout projection.
Technical analysis
• Support: Fresh base for $ 2.95- $ 3.00 defense at high volume accumulation.
• Resistance: $ 3.03 short -term cap, with breakout zone identified at $ 3.30.
• Trend: Higher-Timeframe Inverse Head-and-Scrowder-pattern intact and looks $ 4.20- $ 4.80 if $ 3.30 clears.
• Volume: rinsing quantities at 122 m signal strong rotation, while Asian hours show renewed whale accumulation.
• Momentum: RSI in the mid-50s suggests neutral-to-Bullish bias; MACD trends against Bullish Crossover.
Which dealers are looking at
• Can the XRP maintain close over $ 3.00 and build a base for a race of $ 3.30- $ 3.50?
• SECS 18 October ETF decision window and waste to ALTCOIN ETF approvals.
• The whale wallet currents and changes in the exchange reserve are changed as location drivers.
• Macro background: Fed’s Dovish Pivot and Asian Liquidity Flowing Forms the Risk appendix.
