• After a 5% gain, XRP is priced at $2.27.
  • The 24-hour trading volume has increased by over 52%.

The global crypto market opened the trading day with mixed sentiment, as several digital assets oscillated between green and red candles. PENGU is the top gainer on the list, and Ripple’s XRP is the trending token. The asset has surged by over 5.12%.  

The recovery made XRP at press time, trading around the $2.27 range, with a market cap of $133 billion. Its daily trading volume has increased by 52.38%, reaching $4.15 billion. Furthermore, the XRP market has witnessed a $6.17 million liquidation during this period.

The asset has broken the key resistance level at $2.23 after the bulls have been in command. The asset traded at the bottom of $2.16, and the bullish sentiment eventually sent the price to a high of $2.29.

Over the past seven and thirty days, XRP’s performance has remained steady , posting a 6.70% gain in each timeframe.

Will XRP Bulls Defend or Break Down?

The four-hour chart of XRP exhibits a bullish pattern, signalling a trend reversal. After multiple recovery attempts, the green candle has formed. The asset could climb to the $2.32 level. The emergence of a golden cross might propel the price to hit $2.50.

On the condition that the price chart develops a cautious graph, typically it invites the bearish signal. Assuming XRP plummeted below $2.22 and eventually $2.15, the mighty downtrend could continue and wake the death cross to bring in more losses.

Will XRP Hit $3 Soon? Bulls Could Be Key to Reaching the Peak image 0 XRP chart (Source: TradingView )

Notably, the MACD line has crossed above the signal line, indicating a bullish market condition. Also, there could be potential upward price movement. Besides, XRP’s CMF value of 0.10 suggests an accumulation of money in the market with mild buying pressure.

Will XRP Hit $3 Soon? Bulls Could Be Key to Reaching the Peak image 1 XRP chart (Source: TradingView )

Moreover, the RSI of 65.17 implies that the asset is neutral, approaching the overbought territory. The asset’s BBP reading of 0.0847 signals the bulls are slightly dominant over bears, supporting the upward momentum. For more in-depth analysis of the asset’s price trajectory, check the XRP Price Prediction 2025, 2026-2030.

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