XRP token price continues to rise steadily, overcoming key resistance levels and attracting trader attention.
Current Situation Overview for XRP
The price of XRP did not slow down after breaking the 0.382 Fibonacci level at $3.18 and surged straight to $3.27, reaching the 0.618 level. Currently, XRP is trading near $3.25, maintaining positions above the breakout zone.
Expectations at $3.40
$3.40 represents a significant resistance and marks the asset's previous all-time high. Breaking above this level would open a new phase for XRP, as noted by analyst CasiTrades, who referred to it as "the gateway to macro wave 3."
Short-Term Structure of XRP Price
XRP remains within the boundaries of a well-defined ascending channel. Support is visible at $3.18, while resistance is at $3.27 and $3.40. A clean close above $3.40 would confirm breakout conditions and pave the way for further growth.
Thus, XRP maintains its upward momentum, and if the token holds its current structure, further growth toward the all-time high appears likely.
