TLDR

• XRP price fell below $3 after SEC delayed ETF decisions until October 2025
• Exchange supply dropped to 5.66% monthly low as investors move to self-custody
• Technical analysis shows RSI at 32 indicating oversold conditions
• Key support levels at $2.85 and $2.74 while resistance sits at $2.92 and $3.00
• XRP adoption continues expanding despite regulatory uncertainty

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XRP price crashed below the critical $3 level today following news that SEC commissioners have pushed back decisions on spot cryptocurrency ETF applications until October 2025. The delay has created fresh uncertainty for XRP investors who have been waiting for regulatory clarity.

The XRP token declined 2% in the past 24 hours, testing support near $2.85. This price action comes despite positive developments in the token’s fundamentals and adoption metrics.

Data from Glassnode reveals XRP supply held on centralized exchanges has fallen to just 5.66%. This represents the lowest level in a month and marks a 3% decrease since August 9, 2025.

The reduction in exchange holdings typically signals reduced selling pressure. When investors move tokens to self-custody wallets, it often indicates confidence in holding rather than selling.

XRP price analysis shows the token trading below its 100-hourly Simple Moving Average. The cryptocurrency tested a low of $2.850 after breaking down from previous highs around $3.095.

XRP Price Prediction

The Relative Strength Index (RSI) currently reads 32, placing XRP in oversold territory. This technical metric suggests the token may be due for a bounce from current levels.

However, the MACD indicator shows bearish momentum continues to build. The hourly MACD is gaining pace in the bearish zone, indicating potential for further downside.

Key resistance levels include $2.920 and $3.00 for any recovery attempt. A clear break above $2.920 could open the path toward the psychological $3 level.

Support levels sit at $2.850 and $2.740. A breakdown below $2.80 could trigger additional selling toward the $2.720 zone.

XRP Adoption Grows Despite Regulatory Delays

While regulatory approval remains pending, XRP adoption continues expanding across multiple sectors. The token can now be used for booking flights, hotels, and various other services.

Ripple recently launched an XRP Rewards Event for community members. This initiative has generated enthusiasm despite the current price weakness.

The company continues pursuing its U.S. bank license application alongside waiting for ETF approval. These regulatory processes remain key catalysts for future XRP price movement.

Mass adoption metrics show growing utility for XRP in real-world payment applications. This fundamental strength contrasts with the current technical weakness in price action.

XRP faces immediate resistance at $2.92 with the next major hurdle at $3.050. The cryptocurrency needs to reclaim $3 support to avoid testing lower levels in coming sessions.