XRP News Today: XRP Surpasses $3.03 Threshold Nears Second-Highest Weekly Close

XRP is approaching its second-highest weekly close in history, trading at $3.24 and surpassing the critical $3.03 threshold identified by market observers [1]. This development has intensified optimism among investors, particularly given the asset’s significant milestones in 2025, including a record high of $3.65 and a 16-day period of stability above $3. The current price action underscores XRP’s resilience, with weekly candlestick patterns showing strength above both short-term and long-term moving averages [2]. Abs Nassif, host of Good Morning Crypto, emphasized the significance of the $3.03 level, stating “anything above $3.03 is golden,” highlighting its potential to confirm a historic weekly close [1].

The digital asset’s technical indicators further reinforce its momentum. The 7-week moving average stands at $2.60, while the 50-week and 100-week averages remain significantly lower at $1.89 and $1.22, respectively [3]. This divergence suggests sustained investor interest and upward pressure. Analysts note that maintaining a close above $3.03 would solidify XRP’s position as a key performer in 2025, potentially setting the stage for a retest of the $3.65 level. If successful, this could drive the asset toward new all-time highs, though such projections are speculative and hinge on market dynamics [3].

XRP’s trajectory has been marked by consistent progress this year. It first crossed the $3 threshold in January 2025, closing above that level for 16 consecutive days—a pivotal shift in its market behavior [2]. More recently, it achieved its highest quarterly close on record, further cementing its role in the broader cryptocurrency ecosystem [2]. The current weekly performance builds on this momentum, with traders and analysts closely monitoring its ability to sustain above $3.03 as a benchmark for future gains.

The price action reflects broader confidence in XRP’s long-term prospects, validated by its 2025 performance. However, market volatility remains a risk, as rapid shifts are inherent to crypto markets. The asset’s ability to maintain key support levels will be critical in shaping its next phase of growth. For now, the focus remains on whether XRP can replicate or surpass its all-time high of $3.65, with technical indicators suggesting the potential for further upside if bullish momentum persists [3].

Source:

[1] [title: XRP Goes for 2nd Highest Weekly Close in History. Here’s What It Means for Price] [url: https://coinmarketcap.com/community/articles/688765033c1f324d51532eca/]

[2] [title: XRP Goes for 2nd Highest Weekly Close in History. Here’s What It Means for Price] [url: https://coinmarketcap.com/community/articles/688765033c1f324d51532eca/]

[3] [title: XRP Goes for 2nd Highest Weekly Close in History. Here’s What It Means for Price] [url: https://coinmarketcap.com/community/articles/688765033c1f324d51532eca/]