Can XRP Price Break $3? Here's the Analysis!

Bittime - XRP, the fourth largest crypto asset by market capitalization, is back in the spotlight because of its quite dynamic price movements. 

Currently, the XRP price is still below its all-time high. So, is there a chance for XRP to reach $3 in the near future? Read this article for the analysis!

Current XRP Price

Source: Bittime.com

Based on market Bittime, XRP price is trading at $2.29, down 2.28% in the last 24 hours as of writing. 

The price of XRP fluctuates within a range $2.29 to $2.38, and still are 31.1% below the all-time high of $3.40.

In the last 24 hours, XRP's daily trading volume reached $3.01 billion and market capitalization reached $136 billion, which shows quite active market activity. 

Read Also: XRP ETF: If Approved, New York Stock Exchange Will List 

XRP Price Technical Analysis

One Hour Chart: Short Term Bearish Trend

On one hour graphic, XRP price experienced rejection at $2.44 level, which causes the price movement to be slightly bearish. Currently, level resistance is in the $2.38–$2.40 range, temporary major support is forming at $2.27.

An increase in selling volume indicates short-term bearish pressure. If the price of XRP unable to break $2.38–$2.40, the downtrend may continue. On the contrary, if the price falls below $2.30, there is a possibility of further decline towards $2.25–$2.27.

Four Hour Chart: Recovery from Bearish Trend

On the four-hour chart, the price of XRP has retreated recovery from $1.89 to $2.47, but faces resistance at that level. The buyers are active in the range $2.10–$2.20 so that it becomes a strong support zone.

Increased trading volume during an uptrend indicates fairly solid momentum. If XRP manages to break through $2.47, there is an opportunity to test the level $2.60–$2.70. 

On the other hand, if it goes below $2.30, XRP price will most likely return to the support zone $2.10–$2.20.

Daily Chart: Potential Bullish Trend

In the long term, the price of XRP is still downtrend, but is starting to show signs of recovery. Level $3.20 becomes the main resistance, temporary major support is at $1.78.

An increase in buying volume is an indicator that accumulation is occurring. If the price works out broke the $2.50–$2.60 level on strong volume, there is a chance that XRP will move towards $3.00. 

However, if the price of XRP falls below $2.20, then a deeper correction could occur $2.00–$1.80.

XRP Price Technical Indicators

XRP price technical indicator shows neutral to slightly bullish sentiment.

1. RSI is at 48.74, indicates neutral conditions.

2. Stochastic is at 46.83 and CCI is at 7.05, indicating weak momentum.

3. ADX at 19.11, indicating that the trend is still weak.

4. MACD at -0.058, giving a signal of a potential price increase.

Meanwhile, indicators moving average shows mixed signals.

1. EMA and SMA period 10 shows a bullish sign.

2. EMA period 20 indicates selling pressure.

3. SMA periods 30, 50, and 100 still tends to be bearish.

4. EMA and SMA 200 period show a long-term bullish trend.

Read Also: 4 Ripple Strategies: RLUSD, Asset Tokenization, Impact on XRP Price 

XRP Price Fibonacci Key Levels

Fibonacci analysis for XRP price shows several important levels.

1. On an hourly chart, $2.30–$2.38 become a major area of ​​resistance.

2. On the four-hour chart, strong resistance is at $2.32–$2.39.

3. On the daily chart, The 38.2% retracement is at $2.45, while the 50% level is at $2.69.

If the price of XRP managed to stay above $2.69, the bullish trend is likely to continue towards $3.00. On the contrary, if the price falls below $2.16, there is a possibility that XRP will be back in a bearish trend.

Read Also: XRP Price Analysis is Stable Even though the Crypto Market is Crashing 

XRP Price Prediction: Bullish vs Bearish

Based on the analysis above, here are the XRP price predictions.

Bullish Scenario

If the price of XRP can afford it broke through the $2.45 and $2.69 levels on heavy volume, then there is strong potential to rise towards $3.00. 

Increasing buying volume and technical indicators starting to show positive sentiment could be an impetus for XRP to move higher.

Bearish Scenario

Although there is a sign to recovery, the XRP price is still deep long-term downtrend. If it fails to penetrate $2.45 and $2.69, selling pressure may increase. 

Besides that, if the price drops below $2.20, XRP could fall deeper into $2.00 or even lower.

Read Also: XRP Price Prediction to Increase in 2025, Here's the Reason! 

Conclusion: Can XRP Price Break $3?

Even though the XRP price is showing signs of recovery, there are still challenges to face before stamping outeat $3.00. Level $2.45 and $2.69 are key to determine whether XRP will move up or down again.

Traders and investors should remain closely monitor XRP price movements, as well as considering technical factors and market sentiment before making investment decisions.

Read Also: Ripple Plans to Launch XRP Depository Receipts, What Are They? 

XRP FAQs

What is XRP and what is its use?

XRP is a digital asset created by Ripple Labs and designed to facilitate cross-border payments. XRP blockchain technology enables transactions in just a few seconds with very low fees making it ideal for international money transfers and micropayments.

What is the Difference Between XRP and Other Cryptocurrencies Like Bitcoin?

XRP supports a cross-border payment system with a focus on speed and cost efficiency, different from Bitcoin which functions more as a store of value and investment tool. In addition, XRP uses a consensus mechanism that does not require mining so it is more energy efficient.

How much is 1 XRP USD?

Currently, 1 XRP is worth $2.29. 

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Reference

Bitcoin.com News, XRP Price Watch: Is a Breakout Toward $3.00 on the Horizon?, accessed March 18, 2025.

Coinmarketcap, Coinmarketcap XRP Currency, accessed March 18, 2025.

Author: IPR