$XRP

🤔▶️Does XRP have a chance to reach 3 USD? Important date March 26❗◀️

Currently, XRP is experiencing significant changes in the cryptocurrency market. Yesterday, March 19, 2025, Ripple Labs announced that the U.S. Securities and Exchange Commission (SEC) has withdrawn its appeal in the court case regarding the classification of the XRP token as a security. This conclusion of a legal dispute lasting over four years has been recognized as a significant victory for Ripple and the entire cryptocurrency industry. As a result of these events, the price of XRP increased by 13%, reaching nearly 2.56 USD

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❗❗❗Potential for XRP price increase❗❗❗

From a technical perspective, the current price of XRP is within the range of 2057 to 2724 USD. After bouncing off the lower boundary of this range on March 11, the token rose by 30%, reaching a local maximum of 2.47 USD.

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To maintain the upward trend, XRP must hold a higher low above 2057 USD. This could enable a retest of the upper boundary of the range at 2724 USD. In an optimistic scenario, if Bitcoin maintains a value above 90,000 USD, XRP could turn resistance at 2724 USD into support, which would open the way for a price increase to 3 USD. Such a move would indicate an almost 40 percent increase, assuming XRP establishes a new low at 21571 USD.

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It is worth adding that during the scheduled DC Blockchain Summit on Saturday, March 26 in Washington, key figures from the cryptocurrency industry and representatives of the U.S. government will meet. As a company based in the USA, Ripple may play a key role in discussions about the future of blockchain and cryptocurrencies in the American economy.❗❗❗#xrp #BinanceSquareTalks #BinanceFamilly