XRP Reclaims $3: A Psychological Milestone Ignites Investor Optimism
XRP has officially reclaimed the $3 level, a milestone that carries heavy psychological weight for both retail and institutional investors.
After weeks of consolidation and gradual upward momentum, this breakthrough is being hailed as a pivotal turning point that could reshape market sentiment around the digital asset.
Technical indicators underscore the breakout’s strength: surging volume confirms heavy participation, RSI stays bullish without signs of exhaustion, and analysts flag $3 as a pivotal level where resistance may flip to support, potentially triggering a short squeeze toward $3.18.
Notably, market psychology plays an equally important role. Round numbers like $3 often serve as mental anchors for traders, shaping perception and influencing decision-making.
Therefore, a reclaim of such a level doesn’t just alter technical setups, it sparks renewed optimism, attracting sidelined investors and reigniting media coverage, which in turn amplifies momentum.
At the time of this writing, XRP was up by 2.1% in the past 24 hours to trade at $3.01, according to CoinGecko data.
Apple Rumored to Announce $1.5B XRP Purchase, Says Analyst John Squire
According to market analyst John Squire, strong rumors are circulating that Apple may announce a massive $1.5 billion purchase of XRP today.
If confirmed, this would mark one of the most significant corporate cryptocurrency acquisitions to date, potentially reshaping both Apple’s financial strategy and the broader digital asset landscape.
Apple has historically taken a cautious approach to cryptocurrency, focusing primarily on enabling payments through Apple Pay and supporting limited crypto-related features on its platforms. A direct purchase of XRP, however, would signal a bold shift. XRP’s utility in cross-border settlements and real-time payments aligns with Apple’s long-standing emphasis on seamless, frictionless financial technology.
By integrating XRP into its ecosystem, or even holding it as a reserve asset, Apple could strengthen its positioning in the digital payments sector.
The rumored $1.5 billion figure is particularly noteworthy. Such a purchase would not only boost Apple’s exposure to blockchain but also serve as a signal of corporate confidence in XRP at a time when institutional adoption is accelerating.
Analysts suggest the move could spark renewed interest among other tech giants, potentially triggering a wave of corporate digital asset acquisitions.
Conclusion
If the rumor proves true, Apple’s announcement could drive XRP’s price sharply higher, attract institutional inflows, and further legitimize crypto in mainstream finance.
Meanwhile, XRP reclaiming the $3 milestone represents more than just a price point, it is a statement of resilience. For many, it marks the beginning of a new chapter where XRP seeks not only to revisit its past glory but also to surpass it in the evolving crypto landscape.
Source: https://coinpaper.com/10947/xrp-smashes-3-as-apple-s-1-5-b-buy-in-rumors-spark-frenzy