Ripple Price Prediction: Can XRP Reach $3 with Futures Momentum?

Ripple price prediction is gaining significant attention as multiple bullish indicators emerge, including growth in open interest, technical buy signals, and fresh backing from Coinbase Derivatives. These developments have raised discussions about whether XRP could rally back to the psychological $3 level — a figure last seen during the previous bull cycle.

XRP, Ripple’s native token, has experienced a notable uptick in market engagement, fueled by a confluence of technical and fundamental catalysts. Recent trends suggest a renewed optimism among investors and traders alike. With the support of a Coinbase-affiliated futures offering on the horizon, a strong case is building for XRP’s potential breakout.

Open interest in XRP rising steadily

Open interest, which reflects the total number of active derivative contracts in the market, has been climbing across major exchanges. This metric signals an increase in trader participation and heightened market activity. Consistent rises in open interest typically indicate growing confidence, especially from institutional investors. Market observers are aligning this data with past bullish phases where similar surges occurred ahead of a significant price rally.

Data suggests that traders are betting in favor of XRP’s upside potential, pointing to a shift in sentiment buoyed by market structure improvements and macro tailwinds favoring digital assets.

Technical indicators flashing green

Alongside rising open interest, multiple technical analyses have revealed pronounced buy signals on XRP’s trading charts. Popular indicators such as the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) suggest a strengthening bullish trend. Price action has been consolidating above key support levels, creating a strong foundation for upward movement.

Market analysts argue that the current chart formations bear resemblance to setups historically associated with explosive gains. These patterns often result in breakouts when volume supports the momentum, which appears to be gradually building for XRP.

Coinbase Derivatives introduces XRP futures

A new development that could significantly impact XRP’s price trajectory is the introduction of futures contracts by Coinbase Derivatives. Slated for launch in July, these contracts provide institutional investors a streamlined avenue to gain exposure to XRP through regulated financial instruments.

Coinbase’s move signals growing mainstream acceptance of XRP and its utility within the crypto ecosystem. Analysts believe this addition could lead to increased volume, liquidity, and stability in XRP trading, all of which are ingredients for sustained price growth. If widely adopted, the derivatives launch might align with a fresh influx of capital, pushing prices closer to the highly anticipated $3 mark.

Psychological and historical significance of the $3 level

XRP’s all-time high sits just above $3, achieved during the 2017-2018 explosion in crypto valuations. That level remains a psychological barrier, with many investors eagerly watching for signs the asset may retest those highs. The combination of improved technical outlook, regulatory clarity, and institutional integration now adds a fundamental basis to this aspiration.

Given the strong technical underpinnings, surging derivatives interest, and a favorable macro landscape, some analysts are cautiously optimistic about XRP reclaiming the $3 milestone — though many emphasize that bearish retracements remain a possibility should momentum stall.

Related: Expert Advice: Sell XRP If You’re Confused

Conclusion

With the rise in open interest, supportive technical indicators, and Coinbase Derivatives preparing to roll out XRP futures, there is a notable alignment of bullish elements in Ripple’s favor. While past performance provides an optimistic backdrop, traders should watch for continued volume support and regulatory developments. If trends remain favorable, the $3 target might move from speculation to a realistic short-term objective.