XRP Price Surge Targets $3 Breakout as Ripple Update Ignites Bulls

XRP has staged a powerful recovery after weeks of sideways movement, but it now faces its toughest hurdle yet. XRP token is hovering just below the $3.00 resistance level, where sellers have repeatedly stepped in.

Many traders are asking: Will we see an XRP price breakout target 3 dollars, or will bulls face rejection once again?

As of now, XRP trades near $2.938, marking a nearly 2% gain in 24 hours with an active market cap above $168 billion.

Source: Bitrue Platform

The trading volume of $5.14 billion reflects growing interest from both retail investors and institutions, fueled by the latest Ripple update that boosts XRP price momentum.

Read Also: Is XRP a Good Investment in 2025? Here's the Outlook!

Technical Setup: Ripple XRP Resistance and Support Levels

On the 4-hour XRP/USDT chart, a battle is unfolding. XRP is caught between $2.95–$3.00 resistance, reinforced by the 200 EMA. This double ceiling makes it difficult for bulls to push higher.

1. If rejected: Nearest support is $2.89, with stronger backing around $2.65.

2. If bullish breakout succeeds: A daily close above $3.12 could clear the way for a run toward $3.35–$3.50 levels.

The XRP price analysis bullish trend shows strong upside potential, but short-term pullbacks remain possible as momentum indicators suggest the token is slightly overheated.

Why XRP Is Surging Today

Several catalysts are fueling XRP’s latest rally:

1. Ripple Ledger Upgrade: Ripple recently rolled out its credentials initiative, embedding native KYC/AML attestations into the XRP Ledger. This compliance feature positions XRPL as a critical infrastructure for tokenized assets, expected to exceed $16 trillion in value by 2030.

2. ETF Hopes: Betting markets are now pricing a 95% chance of a U.S. spot XRP ETF approval by October 2025. Leading asset managers like Grayscale and VanEck are already positioning for regulatory greenlights.

3. Macroeconomic Factors: Speculation around a Federal Reserve interest rate cut has added tailwinds, as lower rates often benefit risk assets like crypto.

Together, these developments explain why XRP is surging today, with both short-term traders and long-term investors seeing opportunity.

Read Also: XRP Price Explosion Ahead? $1B Futures Boom Signals Breakout to New ATH

XRP Price Forecast After Ripple Update

Looking ahead, there are two key scenarios in play:

1. Bullish case: If bulls break through $3.12 convincingly, XRP could rally towards $3.35–$3.50 in the near term. This would validate the broader uptrend and open the door for higher targets into 2025.

2. Bearish case: Failure to break resistance may lead to a pullback toward $2.89 or even $2.65, where strong support levels exist.

In the longer view, many analysts remain optimistic. The XRP price prediction 2025 includes bullish targets above $5, driven by potential ETF approval, Ripple’s institutional adoption, and tokenized asset integration.

XRP Price Rally Towards $3.10: Near-Term Watch Levels

Source: TradingView

The 38.2% Fibonacci retracement near $3.10 is the immediate upside target. A daily close above it would confirm strength and potentially trigger the next leg higher. On the downside, the $2.84–$2.75 support range remains critical to watch.

Overall, XRP crypto price prediction news continues to highlight the token’s resilience and its potential to outperform peers if broader market conditions turn favorable.

Read Also: XRP October Breakout: Could $4 Be Closer Than You Think?

Conclusion

The coming days will be critical for XRP. Whether bulls break through $3 resistance or bears defend it, volatility is almost guaranteed. With Ripple’s upgrades, ETF anticipation, and macroeconomic shifts, the stage is set for XRP’s next big move.

Stay ahead of every major update and market forecast, keep following the Bitrue blog for the latest insights on XRP and the crypto market.

FAQ

What is the current XRP resistance level?

XRP faces strong resistance between $2.95 and $3.12, with the 200 EMA reinforcing this ceiling.

Why is XRP price going up right now?

The price is rising due to Ripple Ledger upgrades, increased ETF speculation, and expectations of lower U.S. interest rates.

What happens if XRP breaks $3.12?

A successful breakout could send XRP toward $3.35–$3.50, igniting a stronger bullish trend.

What is the XRP price prediction for 2025?

Analysts project that XRP could trade above $5 in 2025, supported by institutional adoption and potential ETF approval.

What support levels should traders watch?

Key supports lie at $2.89, $2.75, and $2.65, offering potential buy zones if pullbacks occur.