From $2.70 support to $3 breakout: Why traders keep an eye on XRP
Source: CoinWorld
Time: 2025-09-09 13:32:17
XRP has tested the $3 support level several times, with $2.70 becoming a strong demand area. XRPL Network recently introduced on-chain compliance tools, including KYC/AML capabilities, which enhance its appeal to institutional adoption. The market’s expectations for upcoming XRP ETF applications from companies such as Grayscale and Bitwise, coupled with technical support from key Fibonacci levels, are driving XRP upward momentum. XRP rose 6% this week, outperforming Bitcoin and Ethereum, heralding the potential to break through $3.