Overview
- XRP trades near $2.62–$2.66 as it retests a zone that has flipped between support and resistance through October.
- Analysts say a confirmed daily close above roughly $2.70 could clear a path toward $3, with $3.60 cited as a follow‑on target if momentum persists.
- A failure to break $2.68–$2.70 risks a pullback toward $2.50–$2.45, with $2.60 and $2.565 highlighted as near‑term supports on intraday charts.
- Institutional gauges include a spot XRP ETF at about $100 million in assets and multi‑month highs in CME futures open interest.
- CoinCentral reports Evernorth bought roughly $1 billion of XRP as Glassnode‑cited exchange net outflows reached about 2.78 million tokens on Oct. 19–20, and leverage clustered near $2.68 could amplify the next move.