Momentum Builds After Strong 50% Rebound

Over the past month, XRP has gained considerable traction, climbing from a low of $1.65 in early April to around $2.45 as of Friday.

Technical indicators are pointing toward continued strength in XRP, which could be setting up for a run toward the psychologically significant $3 mark. Analysts say the token is showing signs of resilience despite recent market turbulence.

After a strong rebound of nearly 50% from its April lows of $1.65 to highs around $2.45 on Friday, XRP is now testing a key resistance zone between $2.48 and $2.61. If the asset decisively breaks above $2.62, technical analysts believe a move toward $3—and possibly higher—is increasingly likely.

“There’s enough momentum in XRP’s chart to suggest more gains are ahead,” said one analyst. “With the RSI climbing and the MACD on the verge of a bullish crossover, the setup is there.”

Technical Outlook: $3 Within Reach

From a technical perspective, XRP is showing clear signs of strength. The relative strength index (RSI) has climbed to 58 on the daily chart, suggesting bullish momentum without being overbought. Moreover, XRP continues to hold above its 50-day exponential moving average (EMA), currently acting as dynamic support around $2.30.

XRP must break the $2.90 resistance level to clear the path toward $3 and potentially challenge its all-time high of $3.40 this summer. Source: Mindfullylost on TradingView

Short-term analysis suggests the next resistance zone is at $2.72. A break above that could propel Ripple’s token toward its March high of $2.90. Beyond that, analysts eye the $3 level, with some even pointing to a retest of the all-time high near $3.40 if favorable conditions persist.

However, traders are advised to monitor XRP closely. A close below $2.31 could suggest weakening momentum and possibly send the token back to the $1.79–$2.23 range, where it may seek fresh support.

Ripple Expansion Supports Bullish Sentiment

XRP’s rise is not happening in isolation. Ripple, the company behind the token, continues to make forward-looking business moves that are building optimism among investors. Ripple recently signed new UAE partnerships, aiming to expand its Middle East presence—increasingly important as a region for cross-border payments and blockchain adoption.

This expansion is one of the rising positivity within Ripple XRP news circles. “Ripple’s aggressive international expansion and ongoing cooperation with banks are driving long-term value,” offered one market analyst.

Ripple’s technology, for example, the XRP Ledger, continues to expand into international payment channels, offering low-cost, efficient transaction abilities that compete with traditional banking systems.

XRP Lawsuit Update: Resolution Could Be a Game-Changer

Among the most compelling elements in the XRP price prediction is the ongoing legal fight between Ripple and the U.S. Securities and Exchange Commission (SEC). The case, now in its final stages, has been a drag on the Ripple market since late 2020.

The U.S. SEC has delayed decisions on XRP and Litecoin spot ETFs, while officially accepting Canary Capital’s application for a TRX pledge ETF. Source: Mini Lab via X

Current news on the XRP lawsuit is that legal winds may be turning in favor of Ripple, with many procedural victories boosting sentiment among holders of the token. A favorable outcome would be a massive trigger for XRP, which could lead the way toward listing on top U.S. exchanges and institutional funds.

“Traders are considering the end of regulatory uncertainty,” said one legal source familiar with SEC Ripple news. “If Ripple succeeds or settles amicably, XRP could be sharply repriced.”

Broader Market Tailwinds

The macroeconomic environment is also driving crypto assets. A declining U.S. dollar and demand for crypto ETFs are driving risk-on sentiment throughout cryptocurrency markets. Bitcoin’s price action has raised the tide for most altcoins, including XRP, which typically benefits from greater market rallies.

With Ripple news still enjoying institutional buy pressure and XRP value still appreciating steadily, the token’s fundamentals appear healthier than in previous cycles.

Final Thoughts: XRP’s Path to $3 Looks Clearer

While XRP remains vulnerable to market volatility and regulatory risk, its current price action and underlying fundamentals present a promising setup. A close above $2.72 could set the stage for a test of the $3 level—a salient psychological and technical level. In the event that Ripple prevails in the XRP SEC lawsuit, analysts are bullish that the Ripple currency price will see fresh highs.

As always, traders are encouraged to pay close attention to technical cues along with Ripple lawsuit news because they are now the two most influential drivers for short- to mid-term XRP price behavior.