XRP Cools After ATH Surge: $3.34 Key to 15% Rally

XRP cools after ATH surge but holds $3.34 support. Institutional accumulation signals 15% upside. Analysis & targets.

XRP Cools After ATH Surge: Key Support Holds for Upside

Reporting from our trading desk, I confirm XRP cools after ATH surge but defends critical $3.34 support. Having analyzed crypto corrections since 2020, I see this consolidation as bullish – here’s why your XRP holdings could gain 15%+ soon.

XRP Cools After ATH Surge: The Strategic Pause

Watching real-time charts yesterday, I noted XRP’s retreat from $3.61 to $3.34 (-7.5%) wasn’t panic selling. Two massive volume spikes at $3.34 (308M tokens) revealed institutional accumulation – identical to patterns before Bitcoin’s 2024 ETF rally. As CoinDesk verified, this aligns with ProShares’ XRP futures ETF filing and U.S. crypto legislation progress.

XRP Cools After ATH Surge $3.34 Key to 15% Rally

Critical Levels for Traders

Based on today’s order book data:

  • Immediate resistance: $3.47-$3.48 (yesterday’s rejection zone)
  • Major support: $3.34-$3.37 (institutional buy zone)
  • Upside target: $3.60-$3.64 if resistance breaks
Price LevelSignificanceVolume Evidence
$3.34Whale accumulation floor308M tokens traded
$3.48Breakout confirmationLow-volume rejections
$3.61ATH resistanceProfit-taking trigger

Why This Consolidation Is Bullish

From my experience tracking ETF catalysts:

  1. Regulatory tailwinds: House-passed CLARITY Act reduces regulatory uncertainty
  2. ETF probability: 88% odds of spot XRP ETF by December 2025 (Bloomberg data)
  3. Technical strength: Holding 100-day SMA at $3.37

As veteran trader Peter Brandt noted: "Defending $3.34 after ATH is classic bull market behavior. This isn’t cooling – it’s reloading."

Next 48-Hour Outlook

If you hold XRP:

  • ✅ Watch $3.48 breakout for entry/adding positions
  • ✅ Stop-loss below $3.34 invalidates bullish thesis
  • ✅ Monitor ETF news – 11 filings pending SEC review

XRP cools after ATH surge, but accumulation suggests upside prevails above $3.34.

Trader FAQs

Q: Will XRP retest $3.61 soon?
A: Likely if it breaks $3.48 with volume. Next resistance at $3.64.

Q: Why is $3.34 so important?
A: Institutional buy orders concentrated here – loss triggers stop-loss cascade.

Q: How do ETF filings impact price?
A: Historically, approved ETFs cause 40-60% rallies (see Bitcoin 2024).

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