Veteran analyst Austin Hilton, who has over 340,000 subscribers, shared a new video breaking down what’s happening with XRP’s price and why traders might want to keep a close eye on it. Despite all the noise around crypto, Hilton says the market isn’t crashing; it’s just quiet. Investors aren’t panicking; they’re waiting. And while retail interest is low, big institutions are still quietly loading up on assets like XRP.
According to Hilton, the market is mostly stuck in neutral. XRP trading volume has dipped from around $4.5 billion to $4 billion. That drop reflects a wider lack of activity, with many investors pulling back until a clear signal appears. Still, that doesn’t mean no one’s paying attention. Institutions are reportedly buying hundreds of millions of dollars’ worth of XRP daily, showing confidence in the token despite the flat action.
Hilton also mentioned market manipulation, something he believes is present in crypto and stocks, but says that the bigger issue right now is simple: low liquidity and a lack of fresh capital entering the market.
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XRP Support and Resistance Levels Are Key Right Now
Hilton shared a realistic XRP price prediction, emphasizing that this isn’t about the token shooting to $5 overnight. He pointed out key resistance around $2.60-$2.80 and support at $2.24-$2.30. XRP will probably stay in this range unless something significant happens – like regulatory changes, positive Ripple news, or major Bitcoin movements.
He stressed that the current period isn’t a crash; it’s more of a calm phase. Price action is quiet because the market is waiting for direction.
Summer Slowdown Could Stretch Until Q4
Looking ahead, Hilton says the next few months might not bring much excitement. Historically, summer is slow for crypto. Many traders step back during this time, and volume tends to drop. That means any real momentum may not come until October or later.
He compared the market to a boat stuck in the ocean with no wind, not sinking, just sitting still. For traders, the strategy now might be to wait and look for select entry points rather than trying to chase short-term moves.
Finally, Austin predicts that the XRP price will likely stay between $2.24 and $2.80 for now. But if the overall market picks up or something big happens, we could see a breakout sometime in Q4.
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