XRP Pulls Back from $3.60—Will Key Support at $2.80 Trigger a Rebound?
- XRP reversed near $3.60 after a TD Sequential 9-count flagged trend exhaustion, leading to a multi-day correction toward $2.80.
- Price now holds above critical support at $2.80, with strong accumulation zones below between $1.95 and $2.50 backing buyer interest.
- Global catalysts like Japan’s XRP ETF proposals and Ripple’s 100+ institutional integrations could fuel the next leg higher.
XRP has pulled back sharply from its recent $3.60 peak, but strong support at $2.80 and growing global catalysts—including ETF developments—are keeping bulls optimistic about a potential breakout in the coming days.
TD Sequential Flash Hints at Trend Exhaustion
XRP surged from $2.20 to over $3.50 in just days, posting a major breakout across key resistance zones. However, the rally paused near $3.60 where a TD Sequential 9-count appeared on the 3-day chart—a tool known to identify possible market tops. What followed was a two-candle bearish correction that sent XRP down to $2.98
As highlighted by Ali Charts on X, this signal marked a textbook pullback setup on a 3 day chart.
Price is now consolidating between $2.80 support and $3.40 resistance, suggesting a temporary cooling period. Below $2.80 lies a major accumulation zone between $1.95 and $2.50, validated by heavy volume activity.
Liquidity Divergence Points to Undervalued Opportunity
According to Bull Bear Spot, a comparative chart between XRP and the M2 Global Liquidity Index shows XRP underperforming broader liquidity trends. While the yellow line representing M2 climbed steadily, XRP lagged and became more volatile in recent phases.
This growing divergence could indicate a delayed but strong catch-up rally. With global liquidity on the rise, assets like XRP may soon reflect the macro momentum—especially those with real-world utility and deep infrastructure ties like Ripple.
ETF Developments and Institutional Use Deepen Bullish Case
X Finance Bull recently spotlighted Japan’s SBI Holdings push for XRP-linked ETFs on the Tokyo Stock Exchange. This bold move aims to bring XRP into regulated investment circles, increasing exposure and credibility in Asian markets.
Meanwhile, Ripple’s RLUSD stablecoin and payment systems are gaining traction across borders, now integrated with over 100 institutions in 55+ countries.
John Squire noted XRP’s appearance in the U.S. Crypto Strategic Reserve graphic aired by Fox News.
The token stood alongside Bitcoin, Ethereum, and Cardano, highlighting XRP’s growing relevance in financial infrastructure and national-level recognition.XRP’s recent correction may look severe on the surface, but deep support levels and strong fundamentals continue to fuel optimism among long-term investors.
