XRP Surges to $3 But Faces $950M Sell Pressure: Can Bulls Push Toward $4 Next?

XRP roared back above $3.00 in early Asian trading, reclaiming key psychological support as Bitcoin’s march to fresh highs energized altcoin ￰0￱ Reading: XRP Ready For $9 Blast — ‘Break $3.10 And It’s Game Over,’ Says Analyst But the move comes with a caveat: on-chain trackers flagged 320 million XRP ($950Million) moving onto exchanges over the past week, an overhang that could test buyers’ resolve as price approaches a crowded resistance ￰1￱ ETF chatter heating up and Ripple’s banking ambitions in motion, the next leg hinges on whether bulls can absorb supply and force a clean breakout toward $4.00. Bitcoin Tailwinds, XRP ETF Buzz, and Banking Ambitions Momentum spilled over from Bitcoin’s surge above $125K, historically a favorable backdrop for large-cap alts like ￰2￱ also point to seven active spot XRP ETF filings slated for October decision windows, potentially binary catalysts for Q4, and Ripple’s application for a ￰3￱ banking license, which, if approved, could bolster institutional-grade custody, settlement, and on-chain liquidity ￰4￱ parallel, Asia hours showed persistent accumulation signals earlier in the week, with whale-linked wallets snapping up dips around $2.95–$3.00.

XRP's price trends to the upside on the daily chart.