XRP News Today: XRP Approaches $3.30 Threshold as Analysts Signal Bullish Outlook Amid Regulatory Clarity

XRP has re-entered the spotlight as leading analyst Egrag Crypto highlights a critical price threshold that could validate a bullish trend for the asset. The analyst’s latest analysis underscores that a daily close above $3.30 would serve as a “Bullish Strong Signal,” signaling a potential continuation of XRP’s upward trajectory. At the time of reporting, XRP was trading at $3.26, just below this key resistance level [1]. The price has recently breached several critical resistance levels, with market participants closely monitoring the $3.30 zone for confirmation of a breakout.

Egrag Crypto’s chart analysis reveals that XRP has broken out of a descending channel that constrained the asset from late 2023 to mid-2025. This breakout, which occurred in early July, marks a significant shift in XRP’s long-term trend. The analyst identifies the $2.07 level, referred to as the “Macro GO-GO Level,” as a pivotal springboard for the current rally [1]. If XRP sustains above $3.30, the chart structure suggests potential price targets at $3.65, $3.82, and $4.43, with a long-term vision extending toward $12.80 as an all-time high projection [1]. These price levels align with Fibonacci extensions and horizontal resistance zones, reinforcing the technical significance of the $3.30 threshold.

Technical indicators further support the bullish case. The 50-day moving average has crossed above the 200-day line, forming a golden cross typically associated with the start of a long-term uptrend. Trading volume has surged alongside the price increase, suggesting possible institutional participation. XRP’s price remains above the 20-day exponential moving average, which now acts as dynamic support. Momentum metrics such as the Relative Strength Index (RSI) remain in bullish territory without reaching overbought levels, indicating room for further upward movement. The MACD, while flattening slightly, remains positive, reflecting consolidation ahead of a potential breakout [1].

Regulatory developments in the United States also contribute to growing optimism for XRP. Legislative progress, including the Genius Act and renewed support for the Clarity Act, is fostering greater institutional confidence in the crypto market. XRP’s unique legal status, bolstered by partial victories in the Ripple vs. SEC case, positions it as a beneficiary of this regulatory clarity. Market sentiment has increasingly favored large-cap altcoins, with XRP gaining traction due to its network utility and improving on-chain metrics [1].

The convergence of technical strength, regulatory tailwinds, and rising institutional interest creates a compelling case for XRP’s next phase. A confirmed breakout above $3.30 would not only validate the current bullish structure but also align with broader market dynamics. However, traders and investors are advised to remain cautious, as consolidation periods often precede significant moves. The price action around $3.30 will be a key barometer for whether XRP can sustain its momentum and transition into a sustained rally.

Source: [1] [Here’s Bullish Strong Signal As XRP Kickstarts Rally](https://timestabloid.com/heres-bullish-strong-signal-as-xrp-kickstarts-rally/)