XRP Price Prediction: Bulls Push Past $2.55 as $3 Target Nears

After weeks stuck in a tight range, XRP is finally making a move. Crypto analyst recently announced that “Bulls just smashed through the $2.55 resistance, eyes now on $2.8 and beyond.” The daily chart backs this up—XRP has broken out above its descending trendline, buying volume is picking up, and market sentiment is shifting. If this holds, XRP could be heading toward $3 sooner than expected.

Technical Breakdown: What the Chart Shows

The chart shared by Jack shows XRP breaking cleanly above a descending resistance line that’s been capping price action for months. After bouncing from support around $2.30–$2.35, the token pushed through $2.55 and is now eyeing higher levels. Here’s what stands out:

• $2.55 is now support: What was once resistance could act as a launching pad for the next leg up.
• Next stop: $2.80–$2.85, which lines up with the 50% Fibonacci retracement level.
• Support held strong: Buyers defended the 78.6% Fib level near $2.28 before the breakout.
• Volume is rising: Genuine buying interest is driving this move, not just low-liquidity noise.

If XRP can hold above $2.55, the door is open to test $2.80–$3.00—a critical zone that could determine whether this rally has legs.

This breakout isn’t just technical. Data from major exchanges shows increasing open interest and whale accumulation, both signs that bigger players are getting involved again. Historically, when large holders start buying during early breakouts, it often marks the beginning of a new uptrend. Combined with stronger trading activity, it looks like XRP’s cycle bottom might already be behind us.

What’s Next: Price Targets to Watch

Based on the chart, here’s the roadmap:

• $2.80 — the next major resistance and a psychological level traders are watching closely
• $3.00 — a key horizontal barrier where profit-taking could emerge
• $3.30+ — if momentum stays strong and volume keeps building, this becomes the extended target

A clean move above $2.80 could spark faster gains and bring XRP back to $3 for the first time in months

Ripple’s ongoing work in cross-border payments and CBDC development continues to strengthen the project’s fundamentals, which is boosting investor confidence. At the same time, the broader crypto market is recovering, and liquidity is starting to flow from Bitcoin into large-cap altcoins like XRP. If that trend continues, XRP looks well-positioned to capture upside momentum heading into 2025.