XRP Price Eyes Rebound After $3 Retest
After a sharp correction last week, XRP adjusted down to test the key $3.00 support level, where it found temporary stability. As of now, the token is back up slightly, trading near $3.20, signaling early signs of strength.
XRP/USD 4-hours chart – TradingView
The 4-hour chart shows XRP reclaiming the 21 EMA and attempting to build momentum after dipping below the short-term moving average. The RSI sits at 47.89, suggesting neutral territory with upside potential. If XRP continues holding above the $3 mark, we could see bulls return aggressively.
📊 Live XRP price chart here
Bullish Scenario: XRP Price Push Toward $3.50 and Beyond?
The chart structure suggests the correction may be complete. If the current momentum holds and XRP manages to break back above the $3.50 resistance zone, the next logical target becomes the previous high of $3.61. A breakout above that could open the door for further upside, especially if Bitcoin also regains strength.
The reclaim of the EMA, stable RSI, and reduced selling pressure from large holders point toward a potentially bullish short-term move.
Bearish Scenario: Danger for XRP Coin if Bitcoin Slips
However, a lot hinges on Bitcoin’s price stability. If $BTC drops again, $XRP could lose its $3 support and slide toward $2.80, the next key support level. Below that, $2.50 and $2.20 act as strong demand zones — but a move that low would confirm a much deeper correction.
Related: MicroStrategy Bitcoin & XRP Whale Dump News
BTC/USD 4-hours chart – TradingView
We already saw Ripple’s co-founder dump $140M worth of XRP last week — a move that led to an 11% crash in the token. If fear returns, those same levels could be tested again.
XRP Price Prediction: XRP at a Crossroads
XRP’s bounce off $3 is encouraging — but caution is still warranted. As long as Bitcoin remains volatile, XRP’s next big move could go either way. Bulls need to reclaim $3.50 to stay in control. Bears, meanwhile, will be watching for a failure below $3 as a short signal.
Read the full XRP prediction and targets
Source: https://cryptoticker.io/en/xrp-price-prediction-bullish-rebound-or-bearish-breakdown/