XRP recently failed to break a key resistance level, with analysts pointing to possible short-term weakness under broader market pressures. Despite this, the asset is holding firm support, suggesting medium-term stability. On the hourly chart, XRPUSD has rebounded from support and is trading above $3, showing signs of further upside.

According to a recent technical analysis on the YouTube channel Cilinix Crypto, XRP is expected to move within the $2.50 to $3.40 range. The token tested resistance between $3.30 and $3.40 but failed to break higher. Momentum into the level was strong but insufficient to confirm a breakout.

XRPUSD, H1 Chart, Source: TradingView

Short-Term Outlook

The analyst highlighted broader market fundamentals, including expected remarks from Federal Reserve Chair Jerome Powell, as potential pressure points.

You may find it interesting at FinanceMagnates.com: BTC and ETH Likely to Trade in Ranges, Analyst Says as Futures Leverage Remains High.

XRP could test support around $2.70, with a deeper drop to $2.50$2.60 possible in a worst-case scenario.

Medium-Term View

Despite short-term risks, XRP is holding major support levels on higher timeframes, indicating potential stability. A dovish signal from the Federal Reserve could lift sentiment and trigger a rebound toward $3.15.

After short-term volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instruments fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instruments fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term , XRP is expected to enter a period of consolidation, maintaining stability in the medium term.

SEC Extends Review of XRP ETFs

Meanwhile, the US Securities and Exchange Commission has extended its review of several proposed XRP exchange-traded funds, including applications from CoinShares, 21Shares, Canary Capital, and Grayscale.

The SEC had previously postponed these filings, citing the need for additional assessment. The delays follow a broader pattern affecting digital asset ETFs, including Solana and Litecoin.

Market reactions are mixed, with some traders expressing frustration while others view the extensions as part of the normal review process. Analysts remain optimistic, pointing to the conclusion of the SECs Ripple Ripple Ripple was co-founded by Jed McCaleb and Chris Larsen and was debuted in 2012 as both a digital disbursement network and a pre-mined digital coin denoted as XRP. Possessing less market cap than both Bitcoin and Ethereum, Ripple ranks as the third-largest cryptocurrency.Its dual open-source and peer-to-peer (P2P) decentralized platform whose network is capable of working with any form of money such as GBP, Ethereum, Yen, etc. What is Ripple Used For? Known as a gateway, participants of Ripple may Ripple was co-founded by Jed McCaleb and Chris Larsen and was debuted in 2012 as both a digital disbursement network and a pre-mined digital coin denoted as XRP. Possessing less market cap than both Bitcoin and Ethereum, Ripple ranks as the third-largest cryptocurrency.Its dual open-source and peer-to-peer (P2P) decentralized platform whose network is capable of working with any form of money such as GBP, Ethereum, Yen, etc. What is Ripple Used For? Known as a gateway, participants of Ripple may Read this Term case and prediction markets indicating a strong likelihood of approval before year-end.

XRP recently failed to break a key resistance level, with analysts pointing to possible short-term weakness under broader market pressures. Despite this, the asset is holding firm support, suggesting medium-term stability. On the hourly chart, XRPUSD has rebounded from support and is trading above $3, showing signs of further upside.

According to a recent technical analysis on the YouTube channel Cilinix Crypto, XRP is expected to move within the $2.50 to $3.40 range. The token tested resistance between $3.30 and $3.40 but failed to break higher. Momentum into the level was strong but insufficient to confirm a breakout.

XRPUSD, H1 Chart, Source: TradingView

Short-Term Outlook

The analyst highlighted broader market fundamentals, including expected remarks from Federal Reserve Chair Jerome Powell, as potential pressure points.

You may find it interesting at FinanceMagnates.com: BTC and ETH Likely to Trade in Ranges, Analyst Says as Futures Leverage Remains High.

XRP could test support around $2.70, with a deeper drop to $2.50$2.60 possible in a worst-case scenario.

Medium-Term View

Despite short-term risks, XRP is holding major support levels on higher timeframes, indicating potential stability. A dovish signal from the Federal Reserve could lift sentiment and trigger a rebound toward $3.15.

After short-term volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instruments fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instruments fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term , XRP is expected to enter a period of consolidation, maintaining stability in the medium term.

SEC Extends Review of XRP ETFs

Meanwhile, the US Securities and Exchange Commission has extended its review of several proposed XRP exchange-traded funds, including applications from CoinShares, 21Shares, Canary Capital, and Grayscale.

The SEC had previously postponed these filings, citing the need for additional assessment. The delays follow a broader pattern affecting digital asset ETFs, including Solana and Litecoin.

Market reactions are mixed, with some traders expressing frustration while others view the extensions as part of the normal review process. Analysts remain optimistic, pointing to the conclusion of the SECs Ripple Ripple Ripple was co-founded by Jed McCaleb and Chris Larsen and was debuted in 2012 as both a digital disbursement network and a pre-mined digital coin denoted as XRP. Possessing less market cap than both Bitcoin and Ethereum, Ripple ranks as the third-largest cryptocurrency.Its dual open-source and peer-to-peer (P2P) decentralized platform whose network is capable of working with any form of money such as GBP, Ethereum, Yen, etc. What is Ripple Used For? Known as a gateway, participants of Ripple may Ripple was co-founded by Jed McCaleb and Chris Larsen and was debuted in 2012 as both a digital disbursement network and a pre-mined digital coin denoted as XRP. Possessing less market cap than both Bitcoin and Ethereum, Ripple ranks as the third-largest cryptocurrency.Its dual open-source and peer-to-peer (P2P) decentralized platform whose network is capable of working with any form of money such as GBP, Ethereum, Yen, etc. What is Ripple Used For? Known as a gateway, participants of Ripple may Read this Term case and prediction markets indicating a strong likelihood of approval before year-end.