XRP traded near $2.98 at press time, gaining 2% in the last 24 hours and 6% across the 0 point to $2.80 as a key level that could determine whether the token continues its rebound. $2.80 Holds as Key Support Crypto analyst Ali Martinez said XRP defended $2.80, which has become a realized cost basis for a large number of 1 from Glassnode shows that about 2.18 billion tokens, equal to over 3% of the circulating supply, last moved at this price point. $XRP held $2.80 as 2 long as it does, there are no major supply walls to block a 3 — Ali (@ali_charts) October 2, 2025 Below this level, realized distribution is much thinner, meaning fewer holders are positioned to 4 reduces immediate selling pressure, leaving the token more room to rise if demand 5 Watch Near $3.18 Analyst CoinsKid pointed to a descending triangle pattern where XRP has compressed between falling resistance and horizontal 6 price is again testing resistance below $3.00, while $2.80 remains the 7 said , “If we can see #xrp take out the red upper red line we could begin to target an impulsive move up to at least $4.13.” They also warned that a rejection could roll price back toward the ascending white trendline below $2.8.
This structure, they explained, could form an “expanding leading diagonal setup” that still leaves scope for a larger advance over time.), we could reach a minimum of $4.40. However, if we get rejected at that level, we might drop down to $2.65 or even $2.40. It’s up to… 8 — EGRAG CRYPTO (@egragcrypto) October 2, 2025 These downside levels align with the broader channel, keeping the longer-term structure intact even if corrections 9 addition, the technical setup comes as XRP adoption 10 giant SBI Holdings recently launched an XRP lending program aimed at institutional payments. Meanwhile, Ripple CTO David Schwartz has stepped into an emeritus 11 CryptoPotato reported , several spot XRP ETF filings await SEC decisions starting 12 developments, alongside XRP’s test of resistance levels, make the coming weeks critical for both price action and adoption trends.
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