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Mind-Blowing XRP Recovery: $3 Target Again? Solana (SOL) on Verge of Breakthrough, Ethereum (ETH)...

XRP is off to a great start in 2025 showing a strong comeback as it advances toward its next possible milestone. The price performance of XRP indicates that it is gaining momentum for a bigger move after breaking through the descending wedge pattern and rising back above the $2.18 support level.

As a result of the recent rally, XRP is now well above the 50 EMA, a critical technical indicator that may indicate a move into bullish territory. Following a significant correction in late 2024 that saw the asset lose almost 30% of its value, this recovery has occurred. The increased trading volume and resurgence of buying interest, however, highlight the faith that investors have in XRP's long-term prospects.

Why is $3 the new target? XRP has had trouble holding price levels above $3 in the past; the last notable attempt was during the 2018 bull run. Reaching this goal would strengthen the asset's position as a significant participant in the cryptocurrency market in addition to representing a psychological win for it. For XRP to rise to $3 it would need to overcome significant resistance levels, especially those that have previously served as barriers, at $2.50 and $2.75.

Additionally, there are indications of recovery in XRP's on-chain metrics. Positive sentiment among holders and higher transaction volumes support the asset's potential for upward momentum even more. Should these patterns persist, XRP may lay a solid basis for long-term expansion in 2025.

Solana breakthrough potential

As 2025 approaches, Solana's indications of a possible breakthrough are encouraging. SOL has risen steadily following weeks of consolidation, breaking important levels and settling just below a major resistance zone at $220. The reason this resistance has been so important is that it represents the upper limit of the descending trendline that has dominated Solana's price action since.