XRP Price Outlook: Bulls Prepare for $3.00 Breakout

XRP price is trading in a tightly contested zone as bulls and bears battle for dominance. The token finds reliable support at the 100-day Exponential Moving Average (EMA) near $2.836, while the 50-day EMA at $2.924 is capping recovery attempts. This tug-of-war is shaping up to be a decisive moment, with buyers eyeing the psychological $3.00 mark as the next critical barrier.

The Relative Strength Index (RSI) has gradually climbed to 48, a sign that bullish momentum is quietly building. A push above the 50 midline would shift sentiment in favor of buyers, adding credibility to the recovery narrative. At the same time, traders are closely watching the MACD indicator for a bullish crossover—when the blue line overtakes the red signal line. Such a development would likely trigger fresh entries, reinforcing upside momentum.

Upside Scenarios

A sustained move above the 50-day EMA ($2.924) could pave the way toward $3.00, a psychological level that doubles as short-term resistance. Beyond this, reclaiming the descending trendline from XRP’s all-time high at $3.66 would be an even stronger bullish signal. If momentum holds, bulls could then target the supply zone between $3.17 and $3.18, a region where selling pressure previously capped advances.

Downside Risks

On the flip side, failure to defend the 100-day EMA ($2.836) could give bears the upper hand. A breakdown at this level might trigger a retreat to $2.70 support. A deeper correction could drag XRP toward the 200-day EMA at $2.61, putting the recovery narrative in jeopardy.

Bottom Line

XRP’s price action is approaching a critical inflection point. If momentum indicators confirm bullish pressure, the path toward $3.00—and potentially higher—remains intact. However, if bears exploit weakness at the 100-day EMA, a retracement toward lower supports cannot be ruled out. Traders should remain alert as volatility builds ahead of a likely breakout.

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