The price of XRP could approach $3 this weekend. Currently valued at around $2.48, XRP has increased by 7% in the last 24 hours. Technical indicators support this rise. As many cryptocurrencies begin to recover, XRP has also surpassed a significant price level. This development indicates that the price of XRP could enter a larger uptrend. While Ripple has attracted attention as one of the assets that gained the most at $2.5 in the last 24 hours, investors are curious about whether this momentum will carry XRP to $3. XRP reaching $3 this weekend is considered a very possible and realistic target. The 7% increase in the last 24 hours and Bitcoin trading above the $100,000 level provide positive signals for this target to be realized.
Weekends are often associated with low trading volume and liquidity, which can lead to large price swings. The 20% increase required for XRP to reach $3 is a common move in volatile crypto markets, and reaching that level could be a regular occurrence.
XRP has successfully broken through the downtrend line, ending the previous downtrend. Currently trading at $2.48, XRP is up 7% in the last 24 hours. The Relative Strength Index (RSI) is currently at 63, suggesting that the price is close to the overbought territory, meaning a potential rally could continue. The Awesome Oscillator (AO) indicator is also in a positive trend and is expected to remain above the midpoint. However, a break below these indicators could weaken the current bullish momentum and cause the price to pull back.
XRP’s ability to maintain the support level at $2.23 increases its potential to reach $3. A drop below this level could weaken the momentum of buyers and cause the price to drop by as much as 15%. XRP’s targeting of $3 could happen depending on the current uptrend and market conditions. In particular, Bitcoin continuing to stay above the $100,000 level will play an important role in XRP reaching this target.
Ripple’s native token XRP reaching $3 seems quite possible, both in terms of technical indicators and market trends. For investors, this target could be an indicator to consider in the cryptocurrency market. Monitoring market dynamics will increase XRP’s chances of reaching this level.
