XRP Price Prediction: XRP Bulls Target $3 Breakout Amid Surging Momentum
Recent developments in the broader crypto market, coupled with favorable technical indicators and institutional shifts, are feeding optimism among XRP traders and investors. Bulls Defend Key Levels as XRP Gains Strength...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Recent developments in the broader crypto market, coupled with favorable technical indicators and institutional shifts, are feeding optimism among XRP traders and investors.
Bulls Defend Key Levels as XRP Gains StrengthXRP price action has remained positive in recent days, holding steady around the $2.14 level during early European trading hours on Monday. This stability follows a week of notable gains that saw XRP reclaim the crucial $2.00 support zone after a period of consolidation. Despite a brief pullback from $2.24, the digital asset is still showing signs of a strong uptrend.
A bullish breakout of the $2.21-$2.25 resistance zone will offer a major boost for XRP’s ongoing bullish momentum. Source: TradingView
Technical indicators are reinforcing this bullish narrative. The 200-day Exponential Moving Average (EMA) at $1.95 continues to provide a solid support base. Meanwhile, resistance remains near the 50-day and 100-day EMAs at $2.25. A breakout above this confluence zone could set the stage for XRP to revisit the $2.75 and $3.00 levels in the near term.
A buy signal on the Moving Average Convergence Divergence (MACD) indicator further supports the bullish outlook, while the Relative Strength Index (RSI), currently neutral at 49.95 but trending higher, suggests growing momentum.
Trump’s Tariff Pause Spurs Renewed Market OptimismMore global macroeconomic events have also contributed to the XRP sentiment. Donald Trump’s 90-day suspension of new tariffs brought a welcome short-term relief to risk assets, including cryptocurrencies. Though hardline against China—imposing a 145% tariff on Chinese imports and leading to retaliations—Trump exempted many tech-related imports like smartphones and semiconductors, triggering new demand for digital currencies.
This shift in tone triggered a wave of XRP accumulation. On-chain data from Santiment shows a clear increase in holdings by large wallets. Addresses holding between 1 million and 10 million XRP now account for 9.27% of the total supply, while those with 10 million to 100 million tokens hold 11.61%. This quiet but consistent growth in whale activity suggests a rising appetite for risk and long-term confidence in Ripple crypto.
Ripple’s Legal Wins and Institutional Moves Support XRP PriceConcurrently, the price of XRP is also sustained by significant news about Ripple Labs. One is the U.S. Securities and Exchange Commission (SEC) action to dismiss its four-year case against the company—a massive achievement that has precipitated bullish mood among the XRP community.
XRP was trading at around $2.14 at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
Ripple’s recent acquisition of multi-asset prime broker Hidden Road is also expected to create additional utility for XRP along with its RLUSD stablecoin. Moreover, President Trump’s mention of XRP as one of five assets to be included in a proposed Federal Strategic Cryptocurrency Reserve adds institutional credibility to the Ripple ledger and the broader Ripple market.
“The SEC’s case withdrawal has lifted a major cloud hanging over Ripple XRP news,” noted one analyst. “Institutional confidence is gradually returning, and Ripple’s proactive expansion strategy is playing a vital role.”
ETF applications for XRP are also on the table, with analysts speculating that the SEC could approve them by late 2025—paving the way for increased institutional inflows and a stronger long-term price foundation.
Technical Analysis: Breakout Zone ApproachingFrom a technical standpoint, XRP appears primed for another leg up. The price has established a bullish trend line with support at $2.10 on the hourly chart, and is now trading above the 100-hourly Simple Moving Average. A close above the $2.20 resistance zone could open the door to further gains, with additional hurdles at $2.25, $2.32, and $2.45.
If XRP holds above $2, it could rally 30% toward $2.60. Source: Ali Martinez via X
Analysts like Ali Martinez have suggested that maintaining support above $2 could drive a 30% rally toward $2.60. Some even foresee a breakout toward $3 and beyond—possibly as high as $5.50 by the end of 2025, a target once echoed by Standard Chartered.
Still, caution remains. Open interest in XRP derivatives fell by 2.75% to $3.29 billion, and a 40% drop in trading volume hints at reduced market participation. Liquidations over the past 24 hours totaled $13.86 million, with long positions accounting for $8.2 million—suggesting that some traders are locking in profits.
XRP Price Prediction: $3 in Sight, But Not GuaranteedWith the Ripple lawsuit coming to an end, institutional demand increasing, and macro conditions temporarily positive, XRP bulls are clearly on the ascendancy. Provided that XRP holds support at $2.08 and breaks through the $2.25 resistance, the argument for a breakout to $3 remains valid.
However, traders must remain mindful of short-term volatility. A breakdown to below $2.08 can signal a pullback to $2.00 or even to the $1.92 support, potentially halting any advance.
Whether this bullish action will carry through to a solid breakout or hit resistance at close current levels will depend on sustained market activity and overall sentiment. Meanwhile, XRP remains one of the most closely watched assets in the crypto world.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
XRP Price Prediction: XRP Duo Turn Bullish, $1,000 Dream Lives On
XRP is trading at $1.34, up more than 1% after a brutal Wednesday. Ripple CEO Brad Garlinghouse says XRP has legal clarity despite...
Ripple Prime Opens 24/7 Swaps on Stocks, Metals and Currencies, With Virtu Already Trading
Ripple Prime, Ripple’s institutional prime brokerage, now lets clients hold positions on stocks, indices, commodities and currenci...
Google Gemini AI Predicts Bitcoin to Hit $175K by 2027
When prompted, Google Gemini AI predicts that by January 1, 2027, Bitcoin could be trading for $175,000. It gives a hypothetical c...
Ripple Brings RLUSD to Cross River Bank as Garlinghouse Backs Evernorth’s XRP Strategy
Announced on October 15, the Cross River partnership integrates Ripple USD (RLUSD) into the bank’s proprietary Core Operating Syst...
Claude AI Predicts that Chainlink (LINK) Could Hit Triple Digits in 2026
Claude AI predicts a wildly bullish price target for Chainlink (LINK), claiming it could reach $100 by January 1, 2027, if a near-...
XRP Price Could Surge 145% as 2023 Rally Pattern Returns
XRP price traded near $1.34 on October 16, about 4% below the 200-day simple moving average (SMA) at $1.36. The immediate test is...