Latest XRP News: Whales Signal a Key Move to $3.20, While the Community Flocks to a New Token, Zexpire (ZX)
The post Latest XRP News: Whales Signal a Key Move to $3.20, While the Community Flocks to a New Token, Zexpire (ZX) appeared on BitcoinEthereumNews.com.
On-chain data reveals significant XRP whale activity, sparking speculation of an imminent rally toward the $3.20 mark. Concurrently, a new contender, Zexpire (ZX), is gaining major traction as a segment of the community diverts its attention to the emerging token. This dynamic between an established giant’s technical signals and a newcomer’s community momentum is creating a pivotal moment for investors. XRP (XRP) TradingView XRP trades between $2.67 and $2.98 following a volatile week that declined 4.12%. The token retreated 3.96% over the past month, yet maintains a solid 22.26% advance during the six-month period. This mixed performance reflects near-term uncertainty within a broader upward trajectory, as the market weighs regulatory developments against technical resistance. Price action remains near the 10-day and 100-day averages at approximately $2.83, indicating consolidation within an established range. RSI at 57.79 signals neutral momentum without extreme sentiment in either direction, while Stochastic readings at 91.80 suggest overbought conditions. MACD maintains a marginally positive stance, with overall momentum appearing measured yet constructively biased. Fundamental catalysts could drive the next significant move. Ripple’s banking license application filed September 4, 2025, seeks federal oversight for its RLUSD stablecoin and direct Fed reserve custody access. Additionally, XRP ETF approval odds have risen to 85-87%, with SEC decisions expected by October 2025. These regulatory milestones could unlock billions in institutional demand, though recent whale movements totaling 500M XRP ($1.38B) signal potential distribution risks. Bulls target the $3.19 resistance level, where a breakthrough could generate approximately 13% upside and open pathways toward $3.51, representing an additional 10% advance. Failure to clear $3.19 may pressure XRP back toward $2.56 support, implying a 9% decline. A break below that floor could target $2.24, representing roughly 20% downside exposure. Given the substantial six-month gains and stable moving averages, buyers appear to maintain control, suggesting higher…