- XRP changes at $2.67, facing resistance between $2.75 and $3.00, matching previous record highs.
- A monthly close above $3.00 could activate targets at $4.30, $6.40, with long-term forecasts reaching up to $60.00.
- Failure to smash $3.00 may lead to a retracement toward $1.90, with further downside risks advancing to the $1.00 scope.
XRP is trading at $2.67, showing strong bullish momentum while encountering significant resistance at the $2.75 to $3.00 range. The asset’s recent upward trajectory places focus on a critical resistance zone that has previously capped price rallies.
Short-term Price Outlook and Key Resistance Levels
XRP encounters obstacle points at both $2.75 and $3.00 at present. Market analysts consider the $3.00 price point especially significant because it matches previous record highs in XRP history.
XRP will confirm a breakout when it successfully closes above this resistance level for one month. A monthly close above $3.00 would create new upwards price targets at $4.30 followed by $6.40, which demonstrates the potential for high gains over the next few months.
According to an observation done by Egrag Crypto, The XRP shows significant price movements from 2014 to 2025 with key resistance and Fibonacci levels. Three bullish waves are marked, with the latest surge nearing the $2.00 resistance zone.
However, neglect to break the $3.00 resistance could lead to a retracement. In this scenario, XRP may pull back toward the $1.90 to $2.00 support range. A break below $1.90 would introduce downside risks, potentially sending prices to the $0.90 to $1.00 range.
Long-Term Projections And Potential Upside Targets
XRP’s long-term outlook suggests a parabolic ARC formation comprising three phases. The projection channels indicate potential price targets between $33.00 and $60.00. If XRP surpasses the $3.00 resistance and maintains momentum, the next significant level to watch is the Fibonacci 1.618 extension at $6.40. Beyond this, extended targets could reach $8.00, $13.00, $27.00, and potentially $67.00.
The price will continue its bullish push once it breaches $6.40, while market volume and sentiment play essential roles in the momentum. XRP’s rejection at the $3.00 resistance will trigger a price decline which may extend to the $2.00 range if its bullish momentum does not remain sustained. A descent below the $1.90 price point would boost bearish momentum to push XRP downwards toward $1.00 levels.