Following a tumultuous few weeks that tried investor patience, XRP is displaying signs of renewed strength. The asset swiftly found support near the 100-day EMA, which has so far served as a crucial lifeline after breaking out of a symmetrical triangle. With bullish momentum returning to the market, XRP is now recovering, which begs the question: Will $3 be the next target?
XRP is ready
With a powerful candlestick reversal forming just above support, XRP has already started to regain ground on the daily chart. The volume is increasing, giving the recovery effort more weight. If XRP can maintain this upward trend, the next challenge is between $2.95 and $3.00, which corresponds to the breakdown zone from the previous consolidation as well as psychological resistance. Above this region, a clear break would probably reveal the route to the upper end of the previous triangle pattern, which is $3.10-$3.20.
The bullish argument is reinforced by on-chain data. With over 215 billion XRP transferred in a single 24-hour period, XRP Ledger’s payment volume recently experienced a sharp increase, marking the biggest spike of 2025 to date. An increase in utility-based transactions of this magnitude points to expanding adoption and actual network demand, which may support additional price increases.
What happens without $3?
Investors need to exercise caution. If $3 is not recovered, XRP may be range-bound between $2.70 and $2.95, with a chance of reentering the 200-day EMA at $2.50 if bearish pressure returns. However, for the time being, momentum indicators are pointing upward, and XRP has managed to avoid a more severe collapse, which is encouraging in and of itself.
The main conclusion is that, at least in terms of sentiment, XRP currently has the strength for a 10x-style recovery push. The $3 level is a real target, given the robust on-chain activity and ongoing technical rebound. The next course of events will be determined by whether buyers can convert this rebound into long-term momentum or if the rally stalls at resistance once more.
