XRP News Today: XRP Surges 26% Approaching $3 Resistance Level

XRP, the cryptocurrency associated with Ripple, has been under intense market focus as it approaches the $3 resistance level. Currently trading at $2.87, XRP has seen a 26% increase from the previous week, fueling speculation about its immediate future. Crypto expert Edoardo Farina has made a bold projection, stating that XRP could reach a new all-time high within 48 hours.

Farina's prediction comes at a critical juncture for XRP, which has been on a sustained rally amid a broader crypto resurgence. XRP reached its all-time high of $3.84 in January 2018 and came close to this level again in January 2025 when it hit $3.35. Farina is confident that XRP will surpass $3.84 over the next 48 hours, adding urgency to the outlook and implying that a major milestone may be closer than many anticipated.

The asset’s recent strength follows a series of technical confirmations, and Farina’s prediction has sparked optimism within the XRP community. Many community members express confidence that Farina’s prediction will come true, citing the rapid evolution of the market environment and XRP’s historical tendency to move quickly once key resistance levels are broken. Some community members remain reserved, adopting a wait-and-see approach, while others confidently state that XRP could climb even higher.

Supporters of XRP point to fundamental drivers backing the price movement, including regulatory clarity, global partnerships, and real-world utility. These factors have maintained strong conviction in XRP over the years, and the upcoming days could serve as validation for this stance if Farina’s prediction materializes. A well-known crypto millionaire recently highlighted $3 as the neckline for a cup-and-handle pattern that could push XRP to $5.2 once the breakout is confirmed. As XRP approaches the $3 threshold, all eyes are on whether it can sustain momentum and surpass its previous high.

Farina has consistently advised against selling XRP early, and the next two days could prove to be defining ones for the digital asset and those who took his advice to hold their tokens. The ongoing rally of XRP coincides with Bitcoin hitting a new all-time high, reigniting risk appetite across crypto markets. As Bitcoin leads the charge, altcoins like XRP are following suit, benefitting from renewed liquidity and investor optimism. This bullish sentiment is further fueled by several pro-XRP developments in recent months, including Ripple's expanding operations through a partnership and advocacy for RLUSD adoption.

Analysts have been closely monitoring XRP's price movements, noting that the cryptocurrency has broken out of a massive symmetrical triangle that has been forming since 2018. This long-term chart shows a consolidation structure narrowing over the past seven years, culminating in a recent upward breakout that began in November 2024. During this period, XRP experienced a 7X price surge, followed by a brief ranging period. The chart now suggests that the coin is set for the next breakout phase.

According to seasoned analyst Ali Martinez, if XRP manages to close above $3 on the weekly chart, it would confirm the breakout and could pave the way for a potential rally toward $6 or beyond. As of the latest data, XRP is already testing this resistance level, having reached an intraday high of $2.96, its highest level in four months. Martinez's chart features key Fibonacci extension levels confirming XRP’s next potential targets beyond $3. The 1.272 level points to $5.96, which becomes the next immediate target once the $3 resistance falls. Further bullish momentum could push XRP to $8.96 and $16.17, aligning with the 1.411 and 1.618 Fibonacci levels. The chart identifies $26.24 as the most promising long-term target based on historical Fibonacci projections.

Another notable market analyst believes XRP might be on track to reach double digits after a 12-month price struggle led to the November 2024 breakout. This prediction is based on the "Three Candle Formation" pattern, which suggests that XRP could push prices to $50. Additionally, according to the analyst's forecast, XRP could hit $6 if the weekly close stays above the $3 level. This bullish setup is confirmed by strong RSI and Fibonacci breakout signals.

The outlook for the crypto market remains fundamentally optimistic, underpinned by robust institutional demand via ETFs fuels price discovery. As of July 2025, the market is expected to continue its bullish trend, with XRP being one of the key beneficiaries. Over the next several years, XRP is projected to increase, with prices potentially reaching $8.84 by 2030. This represents a 200.15% gain from today's value.