XRP News Today: "XRP's $3 Hurdle Could Unlock $5—Or Trigger a Deep Correction"

XRP, the cryptocurrency associated with Ripple, is currently navigating a pivotal phase amid technical uncertainty and diverging market expectations. As the token trades near $2.84, analysts and traders are closely observing whether it can break above $3 to signal a potential bullish reversal or fall below $2.7, which would likely prolong its downward trend. The price action is currently confined within a descending triangle pattern, with $2.7 acting as a key support level and resistance forming around $3. A successful breakout above $3 could set XRP on a path toward $3.40, $3.80, and eventually the $4.40–$5.00 range, while a breakdown would likely push the token toward $2.50 and $2.21, critical thresholds for further correction [1].

Technical indicators underscore the challenges facing XRP. The Moving Average Convergence Divergence (MACD) on the weekly chart is trending lower and nearing a bearish cross, a classic sign of potential further downside movement. Additionally, trading volume over the past several weeks has favored sellers, indicating bearish dominance. For bulls to reclaim control, a surge in buy-side volume is necessary to break through resistance zones and invalidate the bearish structure [1].

Despite short-term volatility, long-term fundamentals for XRP remain relatively positive. Ripple continues to expand its cross-border payments network, and speculation surrounding a potential XRP ETF approval and Ripple’s planned initial public offering (IPO) has generated optimism among long-term investors. Analysts highlight that XRP must first reclaim and hold $3 as a critical threshold before any sustained rally toward $5 can materialize. The token’s ability to form higher lows above $2.72 suggests a possible push toward $3.00–$3.20, with further momentum potentially leading to $3.53 and beyond [1].

Traders are advised to monitor key price levels in the coming week. A decisive move above $2.7 could stabilize the price and allow for a retest of the $3 level, while a breakdown below $2.5 would likely trigger another wave of selling. The broader cryptocurrency market’s performance also plays a role, as XRP often mirrors trends set by Bitcoin and Ethereum. A strong recovery in the crypto market could provide the necessary tailwinds for XRP to regain bullish momentum [1].

Looking ahead, the resolution of the ongoing Ripple vs. SEC lawsuit remains a pivotal factor. A favorable ruling could provide a significant catalyst for price appreciation, but until then, regulatory uncertainty continues to weigh on investor sentiment. In the absence of a legal resolution, XRP’s price trajectory will depend on its ability to maintain strong support levels and generate conviction in its next directional move.

The market is currently in a state of consolidation, with investors waiting for clear signals from technical levels and volume dynamics. If bulls manage to break through resistance with strong volume, XRP could enter a new uptrend. However, if bears continue to hold the upper hand, the token may face a prolonged correction before regaining its footing. The coming days will be critical in determining whether XRP enters a bullish reversal or continues to correct.

Source:

[1] XRP Price Prediction: XRP Poised for Apex Breakout—Will the Next Move Send It to $5? (https://bravenewcoin.com/insights/xrp-price-prediction-xrp-poised-for-apex-breakout-will-the-next-move-send-it-to-5)

[2] XRP Price Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond (https://www.litefinance.org/blog/analysts-opinions/ripple-price-prediction-forecast/)