XRP Price Forecast: XRP-USD Tests $2.70 Floor After 10% Slide as Ripple ETF Demand and Remittix Rivalry Shape Outlook

XRP Price Forecast - Ripple (XRP-USD) Struggles at $2.70 Support as Market Pressure Mounts

Ripple’s native token XRP-USD has entered a critical trading zone after sliding nearly 10% in the past week, now hovering around $2.74. The coin has been repeatedly testing the $2.70 support, a level that has acted as a lifeline since early September. Technical compression in the descending triangle suggests volatility is imminent. If bulls defend this threshold, XRP could rally back toward $3.20–$3.60, but a breakdown would expose deeper losses at $2.48–$2.20.

Technical Breakdown: Key Levels and Market Compression

XRP’s chart structure has narrowed into a wedge, with sellers consistently capping rallies under $2.97 and buyers defending the $2.70 floor. Analysts note a liquidity gap between $2.73 and $2.51, creating a magnet for price action. The 200-day moving average near $2.54 adds weight to this support, while the 50-day average at $2.97 caps near-term upside. RSI indicators hover near oversold territory at 40, hinting at accumulation, but trading volume remains subdued. On-chain data from Glassnode highlights a buyer cluster between $2.45 and $2.55, suggesting heavy defense if the correction deepens.

Institutional Flows and ETF Catalysts for XRP

Institutional adoption continues to shape sentiment. The REX/Osprey Spot XRP ETF attracted over $38 million in early trade, while Franklin Templeton’s ETF decision, now postponed to November 14, could redefine liquidity conditions. Analysts argue that further ETF approvals would elevate XRP’s legitimacy in traditional finance and broaden capital inflows. Current open interest in XRP futures hovers near $1 billion, reflecting ongoing speculative positioning despite price weakness.

Macro Headwinds Weigh on Ripple

Broader crypto market turbulence has amplified XRP’s decline. Bitcoin (BTC-USD) slipped under $110,000, triggering $275 million in long liquidations during a $22 billion options expiry, while Ethereum (ETH-USD) hit a seven-week low. This systemic pressure dragged XRP down 2.9% in Friday’s session to $2.74. At the macro level, the U.S. PCE inflation print held steady at 2.9% YoY, keeping Fed rate cut expectations alive. A dovish monetary shift could restore liquidity and aid XRP’s recovery, but for now, risk-off flows continue to dominate.

Competitive Threats: Remittix Gains Momentum

As XRP battles to hold support, attention is shifting toward emerging rivals like Remittix (RTX), dubbed by some as “XRP 2.0.” RTX has raised $26.7 million in presale funding at $0.1130 per token, secured BitMart and LBank listings, and launched a beta wallet supporting 40 cryptos and 30 fiat currencies. With staking rewards and a 15% USDT referral program, Remittix is positioning itself as a direct player in cross-border payments—traditionally Ripple’s domain. While XRP consolidates under $3, RTX’s early-stage traction is drawing investor rotation.

XRP vs. Bitcoin Pairing: Signs of Resilience

On the XRP/BTC chart, the asset has shown underlying strength despite dollar weakness. A recent golden cross, with the 100-day MA pushing above the 200-day MA, reinforces structural support near 2,400 SAT. A breakout above 2,800 SAT could reignite bullish momentum, targeting 3,000 SAT, while losing the floor risks a retrace toward 2,000 SAT. This technical divergence shows that XRP maintains resilience when paired against Bitcoin, even as its USD price battles bearish compression.

Ripple’s Fundamentals: Payments, Regulation, and Liquidity

Ripple’s payment network continues to expand. On-demand liquidity volumes have grown steadily, and tokenized assets are beginning to integrate with RippleNet. Regulatory headwinds with the SEC are easing, with settlement talks reducing uncertainty around XRP’s classification. Additionally, DeFi integrations via FXRP on Flare and staking through mXRP provide yield opportunities up to 10%, broadening utility beyond simple transfers. This combination of compliance, liquidity, and product expansion remains a cornerstone for long-term relevance.

Price Scenarios: Bearish Breakdown or Bullish Reversal

If $2.70 holds, traders expect a rebound toward $2.95–$3.25, with an extended target at $3.60. A decisive breakout above $3.25 would confirm bullish continuation and could pave the way toward the psychological $5 level in 2025. In contrast, failure to defend $2.70 risks a drop toward $2.45–$2.20, with on-chain buyers expected to mount resistance. Liquidity compression suggests a violent move is approaching, with ETF catalysts and macro flows set to dictate direction.

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