XRP has reached a critical technical juncture as it tests the $3.25 resistance level, with prominent analytics pointing to potential Wave 3 price targets exceeding $13. Market structure remains bullish as weekly and monthly charts establish higher lows with solid support holding above $2.90.
The current valuation analysis indicates Wave 3 targets at $13.13, $18.22, and $36.76 should key resistance be overcome. Technical momentum indicators reveal some weakening buying pressure visible in MACD and RSI readings, though the broader bullish trend remains intact.
On-chain data signals accumulation by long-term holders despite a notable decrease in futures market activity, where open interest fell from $10.94 billion to $9 billion. A decisive break above $3.25 would likely open pathways toward the next resistance zone between $3.80 and $4.30.
Elliott Wave pattern comparisons suggest current price action resembles historical cycles that preceded significant upward movements, reinforcing analyst confidence in the cryptocurrency’s technical trajectory.