After years of anticipation, XRP has finally surpassed the $3 threshold, marking a significant surge.
A Remarkable Journey
XRP's performance over the past few months has been extraordinary. Its upward trajectory began with Donald Trump's election victory last November, leading to a 480% increase. Starting from $0.50, XRP peaked at $2.90 in December 2024.
Breaking Through $3
Despite strong bullish momentum allowing XRP to surpass $1 and $2, the asset encountered resistance at $3, leading to a consolidation phase. After six weeks of sideways trading, XRP reclaimed $3, a notable achievement since its 2018 correction. FOX Business reporter Eleanor Terrett highlighted this milestone in a post on X.
Potential Support and Resistance Levels
At this pivotal moment, XRP may face a pullback to the $2.50 support level if demand doesn't increase. Should the bulls secure the $3 level, XRP could aim for $3.70, based on the Fibonacci 1.272 extension.
XRP's return to the $3 mark is a historic achievement that could shape the future of the cryptocurrency.
