After several weeks of excitement in the crypto market, XRP tried once again to move above the key resistance level of $3. For a moment, it looked like the token was ready for a major breakout. But instead of pushing higher, it faced strong selling pressure that pulled the price back down leaving many wondering if this is just a small pause before another rally, or the start of a deeper correction. This rejection is more than just a price movement; it highlights how traders and institutions view XRP’s position in the market right now, especially as attention builds around possible XRP spot ETF approvals in the coming months.
On October 5, 2025, XRP reached a daily high of $3.02, a level it hasn’t seen in months. However, sellers quickly stepped in, increasing trading volume to 64.3 million tokens, which was about 17% higher than the daily average. By the end of the day, XRP closed at $2.98, slightly below the important $3 level. During the trading session, XRP fluctuated between $2.98 (support) and $3.07 (resistance) a narrow but critical range. The late-session sell orders pushed prices down temporarily, but buyers absorbed much of the pressure, suggesting that there’s still demand even as sellers take control near the top.
No major news caused this rejection. Instead, the move seems linked to a broader risk-off mood across the crypto market, where investors are becoming cautious ahead of regulatory decisions and ETF announcements. Despite this setback, XRP’s ability to stay above $2.95 shows resilience and signals that buyers are still defending the lower levels.
Summary of Key Market Data
Metric | Value | Observation |
---|---|---|
Highest Price (Sept 26, 2025) | $3.07 | Faced heavy resistance |
Lowest Price (Intraday) | $2.98 | Strong buying support |
Daily Trading Volume | 64.3 million XRP | 17% above average |
Closing Price | $2.98 | Sellers dominant, but defense strong |
ETF Filings Awaiting Decision | 7 | Expected verdict between Oct–Nov 2025 |
The $3 resistance level has become a psychological barrier for XRP traders. Every time the price gets close, sellers tend to take profits, pushing it lower again. If XRP manages to close above $3 for several days in a row, it could attract new buyers and open the door to $3.5 or even $4 in the short term. However, if sellers maintain control and the price slips below $2.9, the next strong support is near $2.5 a level that has acted as a floor during previous corrections. The current trading behavior shows that bears controlled most of the session, but bulls are not giving up. The pattern suggests accumulation meaning some investors might be using the dip to buy more tokens quietly.
What Could Happen Next For XRP
The next few weeks will be critical for XRP. Seven spot ETF applications related to the token are awaiting SEC decisions between October and November 2025. If any of these are approved, it could create renewed buying interest, possibly pushing XRP above the stubborn $3 barrier. On the other hand, if the SEC delays or rejects the filings, short-term investors might lose confidence, which could trigger another wave of selling pressure. For now, the focus remains on whether buyers can defend the $2.9 zone and push the price back toward $3.05 and above. A clean breakout could mark the start of a stronger rally but if that fails, traders might prepare for a drop closer to $2.5.
XRP’s recent rejection at $3 shows how important this price level has become for the token’s future direction. The strong selling volume signals caution, but the steady defense near $2.98 shows that not all momentum is lost. The upcoming ETF decisions could decide the next big move either fueling a rally to $4 or pulling XRP back toward $2.5. For now, the market remains in a tense balance between cautious optimism and defensive selling. XRP’s story isn’t over yet it’s just entering its next critical chapter.
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