Anticipated Price Movement for XRP: Ripple May Re-test Support Levels at $2.80-$2.76 Before Resurging Towards $3.00

In the cryptocurrency market today (August 29, 2025), XRP, the third-largest digital asset by market capitalization, experienced a 5.35% drop, trading near $2.82. This dip comes amidst a market caught between technical compression and strong fundamentals.

The immediate XRP price prediction hinges on defending the $2.80-$2.76 cluster. If bulls can manage to hold this zone, there's a possibility of another push toward $3.00. However, failure to defend this zone could expose XRP to deeper retracements around $2.60.

On-chain flows suggest a tilt toward bearish sentiment, with net exchange outflows of nearly $49.3 million on August 29. Despite this, daily trading volume surged nearly 79% to $6.7 billion for XRP, indicating a high level of trading activity.

From a technical perspective, XRP remains locked within a tightening symmetrical triangle, which could potentially lead to a significant breakout or breakdown in the near future.

Looking beyond the short-term, the XRP price prediction for 2030 envisions significantly higher valuations as Ripple's payment infrastructure expands globally. Meanwhile, the XRP price prediction for 2025 ranges between $3.50 and $5.00 if institutional adoption accelerates.

Notably, the resolution of the Ripple vs SEC lawsuit confirmed that XRP sales on public exchanges are not securities and imposed a reduced $50 million penalty. This decision could pave the way for increased institutional adoption, particularly with analysts estimating an approval probability above 80% for a possible spot XRP ETF by the end of the year.

Ripple's cross-chain partnership with Cardano is expected to enhance interoperability and drive institutional adoption. Meanwhile, specific market analysts, though not publicly named in widely available sources, are predicting a rebound above $3.00 for Ripple's XRP.

However, a recent transfer of 50 million XRP, worth approximately $140 million, by Ripple co-founder Chris Larsen has sparked algorithmic selling, potentially adding to the current downward pressure on the XRP price.

At press time, XRP was trading at around $2.82, down 5.35% in the last 24 hours. The coin currently holds a market capitalization of around $178 billion. The weekly performance of XRP shows resilience, with XRP up over 3%.

As always, investors are advised to conduct their own research and consider their risk appetite when investing in cryptocurrencies.

Anticipated Price Movement for XRP: Ripple May Re-test Support Levels at $2.80-$2.76 Before Resurging Towards $3.00