XRP’s Make-or-Break Moment: The Key Price Level That Could Spark a Rally Back to $3

All eyes are on XRP as traders hunt for the short-term trigger that could reignite its bullish momentum. The magic number? A decisive close above a critical resistance level—one that’s eluded the token for months.

Break that barrier, and the path to $3 opens up. Fail, and it’s back to sideways purgatory—where most altcoins live anyway, between hype cycles and institutional ‘adoption’ theater.

EGRAG XRP 3-day chart Larger Wave Structure Points to 1,200% Rally EGRAG’s chart also illustrates an Elliott Wave structure, highlighting that XRP has completed a corrective Phase 2 and may now be entering a new impulse Wave 3. Notably, the correction in this wave represents the pullback XRP has experienced since rallying to $3.40 back in January. During the correction, XRP dipped to lows around $1.60 before rebounding above $2. However, its recent price movement has been slow, with growing anticipation for when the coin might resume the kind of dramatic run seen in the final two months of 2024. EGRAG specifically projected a 1,200% rally that could push XRP’s price to $25 via this Elliott Wave breakout.  Meanwhile, analyst XForceGlobal used a similar wave structure to forecast even more bullish targets. He identified $40 as a promising outlook while adding that even $10 is very conservative based on the current technical pattern.