XRP News Today: XRP Bulls Target $3 As Crypto Market Surges

XRP, the cryptocurrency associated with Ripple, has been garnering significant attention as the broader crypto market experiences an upward trend. The enthusiasm surrounding XRP is particularly pronounced among its dedicated community, with some members making bold predictions about its potential price surge.

On social media platforms, particularly Twitter, users are sharing a variety of claims and rumors about XRP. These include speculations about major investments, such as BlackRock allegedly investing billions, and the adoption of XRP by SWIFT. Additionally, there are whispers about secret dark pool trades targeting a price of $10,000 and frequent giveaways. However, many of these claims lack credible sources and are often dismissed as baseless hype.

One user highlighted the chaotic nature of the "What’s happening" feed for XRP, noting that the quickest way to gain traction on Crypto Twitter is to make outlandish claims. For instance, suggesting that Apple secretly bought XRP escrow seven years ago is an example of the type of sensationalism that garners thousands of likes.

Bill Morgan, a prominent XRP supporter and lawyer, also weighed in on the matter. He pointed out that while serious legal discussions about Ripple’s ongoing case with the SEC are important, they often take a backseat to tweets promising massive price spikes. Morgan noted that explaining complex legal terms, such as the settlement terms between Ripple and the SEC, is less engaging than simply tweeting "XRP to $1,000."

Currently, XRP is trading below $2.60, and bulls are attempting to push the price above $3. Key support levels are identified at $1.79–$2.26, with $2.15 being particularly crucial. A break below this level could signal a short-term top, while staying above these zones would maintain the bullish trend, potentially targeting previous all-time highs.