#AirdropSafetyGuide XRP continues to show resilience in the face of market uncertainty, holding firm above the pivotal $2.20 support level and eyeing further gains.

Now trading near $2.28 after rebounding from a monthly low of $1.61, the token is attracting fresh bullish attention. A breakout above $2.40 could set the stage for a push toward the $3.00 mark, as technical indicators point to a potential trend reversal within the current descending channel.

Technical Indicators Show Mixed Signals

Technical indicators present a blend of optimism and caution. The 50-day and 100-day Exponential Moving Averages (EMAs), positioned at $2.20 and $2.22, respectively, have acted as solid support zones. XRP also remains above its 200-day EMA at $1.98—often a long-term bullish signal. Meanwhile, the Relative Strength Index (RSI) is currently neutral at 58.11, suggesting room for movement in either direction. The MACD (Moving Average Convergence Divergence), a popular momentum indicator, shows its blue line still above the signal line, typically a bullish signal. However, the shrinking MACD histogram hints that upward momentum may be waning. Bollinger Bands analysis adds further complexity. XRP is trading near the upper band, which often suggests overbought conditions. Tightening bands may indicate an imminent period of volatility, possibly leading to a significant move up or down.

What Needs to Happen for XRP to Hit $3?

For XRP to fulfill its breakout potential, it must first decisively clear resistance at $2.40. Beyond that, supply zones at $2.80 and $3.00 could pose additional hurdles. Analysts agree that volume will be key—higher buying volume on upward moves will be necessary to propel the Ripple currency price beyond these psychological barriers.

If XRP fails to hold its current support levels, a retest of the 200-day EMA at $1.98 is possible. In a more bearish scenario, the price could slide further to

Looking Forward: Key Levels and What to Watch

suggest that the token is entering a consolidation phase. Whether this leads to a breakout