XRP defended the $3 support twice in two days, showing resilience despite pressure from a death cross on the hourly chart.
A breakout above $3.40 could shift momentum toward $3.66, while a drop under $2.73 may trigger deeper losses.
Nasdaq-listed Wellgistics Health launched an XRP Ledger payment system across U.S. pharmacies, adding utility beyond price action.
XRP slipped during the weekend as broad crypto selling weighed on prices following recent gains and ongoing macroeconomic concerns. The token dropped from $3.35 on Thursday to near $3 on Friday before stabilizing. Market charts showed a death cross forming on the hourly timeframe, a signal that often reflects near-term selling momentum.
XRP has repeatedly tested support at $3, suggesting traders are closely defending this level. Despite pressure, the price rebounded each time it touched this mark. Analysts noted that consolidation appeared likely, with the relative strength index holding slightly above the midpoint, showing room for either side to take control.
Upside Targets in Focus
If XRP maintains its position above $3, momentum could build toward the $3.35 to $3.38 range. A close above $3.40 may strengthen the bullish outlook and open a path toward $3.66. Market watchers expect a decisive move once XRP breaks above $3.66 or falls below $2.73, where fresh selling could intensify.
If selling pressure overcomes support at $3, traders would look at $2.91, the 50-day simple moving average, as the next area to watch. A sharper decline could test $2.73, marking the lower boundary of the ongoing price setup.
Ripple Ecosystem Development
Away from price swings, Nasdaq-listed Wellgistics Health advanced its XRP adoption plans by launching a payment network on the XRP Ledger for thousands of U.S. pharmacies. The healthcare firm had earlier confirmed it would also use XRP as a treasury reserve, supported by a $50 million credit line. The development signals growing real-world use cases for the asset despite recent volatility.
