Here’s Where Ripple’s XRP Price Is Headed This Week

As Bitcoin price hits a new all-time high, traders are shifting focus to altcoins, and XRP is once again near a key decision point. After weeks of sideways movement, XRP price is hovering around the $2.90–$3.00 area, trying to find direction while the broader market heats up.

It’s been a mixed picture lately. On one hand, whale wallets are unloading massive amounts of XRP, signaling short-term caution

On the other, ETF speculation is back, and institutional players seem to be quietly positioning ahead of potential SEC decisions. The balance between these two forces could define how XRP performs this week.

What the XRP Chart Is Showing

Looking at the 4H chart, XRP price is clearly coiling up for its next move. After rallying to $3.66, the price retraced and has been trading in a wide consolidation range between $2.80 and $3.10.

This setup is typical of a market preparing for a breakout. The $3.03–$3.10 region remains tough resistance; a neat close above it would drive XRP quickly to $3.30–$3.40. But if the bulls lose momentum and the price falls below $2.80, the next important support remains down at $2.20.

Image Source: Coinank

Momentum indicators are showing a neutral tone. The RSI is near 40, suggesting there’s room for a move in either direction, and the MACD is flattening, which usually means the market is catching its breath. Overall, the chart shows consolidation rather than weakness, XRP is waiting for a trigger.

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Market Indicators

On-chain data shows that both long and short positions are balanced, with net longs around $1.27 billion and shorts just below that. Traders are clearly cautious, unwilling to overcommit ahead of the ETF headlines expected in mid-October.

Open Interest also fell slightly to $315 million, which is something that typically happens when profit-taking comes in

Momentum stays steady, volatility is subdued, and that kind of calm never lasts for long in crypto. The minute a catalyst triggers, volatility comes to life, and that could happen sooner than later with XRP.

XRP Price Short-Term Outlook for the Week

At writing, XRP is sitting in a tight range around $2.90–$3.00. The key level to watch is $3.03. If the bulls manage to break through that zone with strong volume, the stock can retest $3.40 quite quickly and even $3.66.

But if ETF optimism fades or whale selling intensifies, a drop back toward $2.70–$2.80 wouldn’t be surprising fpr XRP price. Until then, the market seems content to wait, calm before what could be XRP’s next big move.

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The post Here’s Where Ripple’s XRP Price Is Headed This Week appeared first on CaptainAltcoin.