XRP Price Prediction: XRP Ready for a Breakout This Week — Will It Hit $3.50 Before Friday?

XRP, the native cryptocurrency of XRP Ledger, is showing a downtrend today, and the experts believe that the US government shutdown fears and the delay in the XRP spot ETF approval could be the reasons. XRP price today is $2.96 at the time of writing, which is 2.22% lower than yesterday’s price. According to the latest information, $5.16 billion of cryptocurrency was traded in the last 24 hours, 9.48% more than the previous day. 

Our XRP price prediction states that the token could recover from the current downtrend soon and regain the $3 price point, which was previously recorded on October 5, 2025. XRP reached its all-time high of $ 3.92 in 2018, and a possible new all-time high after seven years is on the board because the catalystic factors like Ripple’s bank license decision and XRP-spot ETF approvals are pushing the token beyond its limit. 

XRP Price Today: Can it Hit the $3 Point Once Again After 24 Hours?

XRP started today’s trading at $2.9746 with a $5.04 billion daily trading volume. The cryptocurrency is near the $3.00 psychological point, but is failing to stay at the level and has been continuously subject to market turbulence. The experts believe that XRP has already shown multiple attempts to break the $3.00 price point and even tried to hold above it, but strong selling pressure forced the token to stabilize around $2.98. Our experts stated that the support level at around $2.98 was being steadily defended by buyers, suggesting accumulation and readiness for another breakout attempt.

Our prediction analysts claim that the positive factors, like Ripple’s bank license news or anticipated ETF approvals, will play a major role in setting today’s price high. The market speculation suggests that XRP will hit the $3 point today and regain the market momentum. For instance, documents like the WisdomTree XRP Fund Registration Statement and CoinShares XRP ETF Filing outline regulatory compliance and investment strategies that impact market perception.

XRP’s average trading details today are given below;

• Price: $2.98 (Possible Average Price on Oct 6) 
• Market Cap: $ 178.83 Billion
• 24 Hour Volume: $5.22 Billion
• Diluted Market Cap: $298.61 Billion
• Supply Inflation: 5.85% (High)
• Price Volatility: 3.34% (Medium) 
• Community Sentiment: Bullish
• Market Dominance: 4.25%
• Fear and Greed Index: 72 (Greed)

Today’s XRP prediction concludes that XRP appears to be on the attempts to reach $3 once again within the next 24 hours, but our experts say that the token might need to overcome the current resistance zone to reach that particular and ambitious price point. 

XRP Is Set for a Breakout This Week: Will XRP Hit $3.50 Before Friday?

XRP has managed to display a 461% increase in the last 1 year, so when it comes to XRP, anything is possible. The heated debate in the crypto arena is whether XRP can break the $3 price point today and reach $3.50 by the end of this week. The upcoming 30-day period will be crucial for XRP as it nears decisions on the ETF and Ripple’s bank license. Our prediction analysts claim that the XRP downtrend is likely to continue this month as well. According to them, the price of XRP is predicted to drop by -0.74% and reach $ 2.96 by November 5.

Our experts stay strong in their opinion, and at the same time, some other experts have posted on Binance Square that XRP might trade at $3.10 – $3.15 resistance level this week. They stated that XRP was trading near $2.99, holding above the 20-day Bollinger midpoint at $2.93 and comfortably above the Parabolic SAR baseline at $2.74. They mentioned that momentum had picked up again, too, with volume delta flipping positive after a week of heavy divergence. They noted that the resistance to watch sat around $3.10 to $3.15, where the upper Bollinger band capped price action. 

Here is our price prediction analysis table that helped our experts conclude that XRP might not hit the $3.50 point at least till this weekend.

According to our XRP Price forecast, the token can only reach a maximum price of $ 3.01 this week, and the scenario of XRP breaking the $3.50 is unlikely but not impossible. As per our experts, to reach $3.50 by Friday, XRP might need a significant break above the $3.30 resistance on strong volume, and this would be a difficult challenge for XRP, especially in this short period of time.

Also Read: Why did XRP Prices Drop? Can XRP hit $20 in 2025?

Disclaimer: This is not investment advice. Cryptocurrency markets are highly volatile, and you should perform your own research before making any investment decisions.