XRP Price Targets $3 as Bulls Surpass $2.28 Barrier – What's Next?
Summary:
XRP price jumped above the $2.28 level, and analysts are now looking at $3 as the next target. Among the key driving factors:
- Legal Optimism: Expectations for a positive settlement in the ongoing case between Ripple and the U.S. Securities and Exchange Commission (SEC).
- Technical Breakout: XRP broke a resistance level that had persisted for several months, igniting bullish momentum.
- Ecosystem Growth: Increased adoption by payment providers of Ripple's On-Demand Liquidity (ODL) solution.
Analysts warn of potential resistance at $2.50, but sustained buying pressure could push the price towards $3.