The strong rise in the XRP price, which has brought the token close to the most important threshold in recent months — the psychological mark of $3 — has once again attracted the attention of investors and the general public to this cryptocurrency. After overcoming the resistance zone around $2.50–$2.60, market sentiment has shifted towards optimism, and XRP may make a decisive leap in the upcoming trading sessions.
The level just below $3 is of particular importance. In the past, this zone has not undergone a full test. Previous bullish trends lost momentum before reaching this threshold, which is explained by the lack of sustainable trading volume. From a technical standpoint, there is no accumulation of sell orders around $3 that typically cause pullbacks. This increases the chances of successfully overcoming the barrier with rising market momentum.
That’s why the trading session on Monday could be decisive. At the beginning of the week, trading volumes and liquidity typically increase, providing XRP with the necessary momentum to test the $3 level. The market structure maintains a pronounced bullish character.
On daily charts, all major moving averages — 50-day, 100-day, and 200-day — are significantly below the current XRP price. These lines have flattened or have already started to rise, which indicates a transition from a consolidation phase to accelerated growth. However, the relative strength index (RSI) has risen above 80, entering the overbought zone. This may provoke profit-taking by short-term traders and a temporary pullback.
However, in distinctly trending markets, as in this case, sustained buying volumes can keep the RSI at a high level for an extended period. The sharp increase in trading volume accompanying this rise confirms its validity and indicates the participation of institutional players.
One strong green candle can break resistance and open the way to the $3 level — a mark that XRP has not reached since the last significant bullish rally. If Monday starts with a surge of buyers, this could be the trigger. Investors should closely monitor the market's reaction near this previously untested level.
If lagging buyers start to actively join in, a confirmed breakout above the range of $2.90–$3 on increasing volume is highly likely to provide additional momentum. XRP is quickly approaching the last technical obstacle on its path to the important psychological mark, while the overall sentiment of market participants remains extremely positive.
