Featured News Headlines
XRP Price Nears Critical Point: $3.00 Support in Focus
XRP is once again drawing attention in the crypto market after outperforming Bitcoin and Ethereum in recent sessions. Despite a brief pullback, the price action suggests that bulls are still in control, and a fresh attempt to push higher may be just around the corner—if the $3.00 support holds firm.
XRP Outperforms Major Peers
Over the past few days, XRP managed to climb above several important resistance levels, including $3.050 and $3.120. The move came after the price held strongly above the psychological $3.00 barrier. At its recent peak, XRP hit $3.1865, before retracing slightly to consolidate gains.
This rally allowed XRP to briefly outperform both Bitcoin and Ethereum, reflecting renewed bullish interest in the asset—possibly linked to broader sentiment shifts and trader rotation.
Key Support and Resistance Zones
As with any fast-paced market move, pullbacks are natural. After reaching the $3.1865 high, XRP corrected lower and dipped below the 50% Fibonacci retracement of the upward move from the $2.9365 low to the $3.1865 high.
Additionally, a break occurred below a short-term bullish trend line, which had been offering support near the $3.080 level on the hourly chart of XRP/USD. This technical breach initially raised concerns of a deeper pullback.
However, bulls appear to be defending the $3.00 support area, suggesting that buyers are not giving up easily. As of writing, XRP trades below $3.060 and the 100-hour Simple Moving Average (SMA)—two key technical markers that could dictate the next directional move.
What Needs to Happen for a Fresh Leg Higher?
To reignite bullish momentum, XRP needs to break back above the $3.0620 resistance. This level currently caps upward attempts in the short term. A successful close above this area could open the door to the next resistance levels at:
- $3.080 – A pivotal zone and recent breakdown area
- $3.120 – The next hurdle, closely aligned with the previous local high
- $3.180 – $3.1865 – The recent swing high, and likely a profit-taking level
- $3.250 – A potential upside extension target if momentum accelerates
Traders will likely watch for volume confirmation and RSI behavior on lower time frames to gauge the strength of any breakout.
“If XRP can hold above $3.00 and reclaim $3.080, the bullish trend remains technically valid,” analysts note, citing ongoing market structure support.
Risks: What If XRP Fails to Break Resistance?
If XRP fails to push above the $3.0620 resistance zone in the coming hours or days, downside risks may begin to build again. Immediate support remains at:
- $3.00 – A key psychological and structural level
- $2.9350 – The 76.4% Fibonacci retracement level of the recent swing
- $2.90 – $2.88 – A broader support zone that could act as the final defense for bulls
A confirmed break below $2.9350—especially if accompanied by rising volume—could lead to accelerated bearish momentum, driving the price toward the $2.88 region and possibly lower in the near term.
“A close below $2.9350 might shift momentum in favor of the bears,” some chart watchers suggest, though no major capitulation signals are yet present.
Market Sentiment Remains Cautiously Optimistic
Despite short-term volatility, overall sentiment around XRP has remained relatively stable. While Open Interest and trading volume have picked up, there’s no evidence of excessive leverage, indicating a market environment that may still support gradual upward movement rather than speculative spikes.
The Relative Strength Index (RSI) on hourly and 4-hour charts is cooling off from overbought territory, while the MACD is flattening, showing a wait-and-see attitude from market participants.
Meanwhile, broader market signals—such as Bitcoin’s consolidation and Ethereum’s sideways action—could continue to influence XRP’s behavior in the near term.
