XRP Price Prediction: Analysts Watch $3.20 Breakout As Korean Custody News Fuels Speculation

XRP price today is trading near $3.00, showing resilience after retesting the $2.99 support. The token is consolidating within a tight range as traders monitor whether buyers can reclaim $3.08–$3.20, a Fibonacci cluster that has capped upside attempts through September.

XRP Price Holds Fibonacci Pivot

On the daily chart, XRP has been oscillating between the 0.382 retracement at $3.08 and the 0.5 retracement at $3.19. Price briefly tested the $3.10 region but failed to sustain momentum, retreating back toward the $2.99 support.

The 20-day EMA at $2.99 is providing immediate defense, while the 50-day EMA at $2.95 acts as deeper reinforcement. A break below this confluence could expose $2.83, but momentum remains neutral to bullish, with the Parabolic SAR sitting above $3.17, marking that as the confirmation level for upside continu…

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