Key Insights:
- XRP needs to clear $1.30-$1.60 and $1.96 before a stronger move toward $3 can take shape.
- XRP has lagged Bitcoin, Ethereum, and Solana despite continued ETF demand.
- XRP Ledger RWA value has grown sharply, with $4.06 billion now spread across 373 assets.
XRP price is at a point where a move above key levels could change the market view, according to a recent analysis by EGRAG CRYPTO. The setup points to $3 as a possible target if XRP can clear several resistance levels and confirm a new Wave 3 move. That makes the next moves important for the setup.
XRP Price Bullish Thesis Takes Shape
EGRAG CRYPTO highlighted several levels that could decide whether the XRP price can move into a stronger phase. The first support area sits between $1.00 and $0.95, while $0.75 is another level. Deeper support runs from $0.60 to $0.52.
On the upside, the analysis points to $1.30 to $1.60 as an important area. A sustained close above that range would strengthen the case. The next level is $1.96, followed by $3.00 to $3.60.
However, the clearest confirmation would come if XRP breaks above the high of Wave 1. EGRAG CRYPTO said this would confirm that Wave 3 is underway. That matters because the Wave 3 setup is the reason behind the bullish projection.
For now, the levels show both sides of the market. The lower zones mark support, while the higher levels show where a stronger move must prove itself. Therefore, a run toward $3 depends on XRP first clearing the levels that stand between its current position and that target.
