Technical indicators point to building bullish momentum for XRP, with analysts identifying a potential path toward the $3 threshold if critical resistance levels are overcome. The cryptocurrency has reclaimed its position above the 21-day Exponential Moving Average (EMA) after recent price declines, while its Relative Strength Index (RSI) reading below 46 signaled oversold conditions that attracted renewed buying pressure.
Market observers highlight the $3.20-$3.25 price band as a decisive resistance zone. A confirmed breakthrough above this range could initiate momentum for a retest of the $3.50 level, supported by increasing trading volume and improving technical structure.
Critical support is established between $2.64 and $2.67, where the converging 50-day and 100-day moving averages provide underlying stability. Traders are monitoring volume patterns and RSI momentum shifts to validate the strength of any breakout moves.
Key price thresholds requiring close observation include the immediate resistance near $2.96 and the more significant $3.20-$3.25 corridor. These technical levels, alongside moving average behavior, are expected to dictate near-term price action for the digital asset.