XRP Price Analysis: What Needs to Happen Before $3 Breakout

XRP price analysis reveals signs of a potential rebound, as Ripple begins to recover against both USDT and BTC. The asset has recently shown renewed strength, but certain key levels must still be cleared before a significant upward move can materialize.

The USDT Chart: XRP Faces Crucial Mid-Range Resistance

Ripple (XRP) has managed to bounce back from an important support level around $2.00, which aligns closely with its 200-day moving average—a historically reliable indicator of long-term trends. The positive momentum was confirmed by a bullish engulfing candlestick, indicating a resurgence of buyer interest following a period of sideways consolidation near the bottom of its trading range.

Currently, XRP is advancing toward the $2.50 price level, identified as a major mid-range resistance. This zone has consistently served as a short-term ceiling, blocking further gains. A strong breakout above this level is essential for XRP to aim for the psychologically significant $3 target. Without a clear move past $2.50, the rally may lose momentum near current levels.

The BTC Pair: Struggling Around the 200-Day Moving Average

In the XRP/BTC trading pair, price action is relatively stable above the 200-day moving average, hovering near the 2,100 SAT mark. Although downward pressure has eased, the asset has yet to breach the key resistance zone around 2,800 SAT—a level that has consistently rejected bullish attempts since the beginning of the year.

A breakout above this barrier would indicate a true shift in XRP’s performance relative to Bitcoin, signifying growing strength and possibly leading to intensified bullish sentiment. Without this breakout, XRP’s growth could remain limited, even if its USDT pair rallies further.

Market participants should watch for synchronized moves in both trading pairs. If XRP’s dollar value continues to rise while its bitcoin value stagnates or declines, there could be downside pressure or divergent signals that may disrupt the bullish momentum. A coordinated breakout on both charts would lend greater credibility to a long-term upward trajectory.

For traders and investors, the immediate focus remains on a clean breakout above $2.50 and 2,800 SAT. Achieving both would likely open the path toward the coveted $3 territory, a level last reached during previous bullish cycles.

Related: $2.3 Trillion Liquidity Shock: Franklin Templeton Says XRP Is Next in Line for Massive Inflows

By Edris Derakhshi