XRP Nears $3 Amid Market Volatility, Support Levels and Institutional Interest Under Review

Key Points

1. XRP is currently trading at $2.97 after a 6.27% weekly decline, rebounding from a low of $2.89 amid market volatility.

2. Crypto markets faced $900 million in liquidations, impacting major assets like Bitcoin and Ethereum.

3. Analysts identify $2.55-$2.40 as a critical support zone for XRP, with resistance noted between $3.02 and $3.05.

4. The XRP Ledger has surpassed 7 million total accounts, with over 1 million new users joining in 2025, averaging 3,000 daily signups.

5. BlackRock’s Director of Digital Assets, Maxwell Stein, confirmed attendance at Ripple’s Swell 2025 conference, signaling institutional interest in XRP.