XRP Price Fails $3 Resistance, What’s Next?

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XRP price failed to decisively break above the $3 psychological resistance in the past week, but most analysts are confident about a breakout soon.

XRP bulls are targeting $4.40–$5.80 if $2.95 support holds.

Losing $2.95 risks a deeper correction toward $2.40.

XRP has tumbled more than 20% since peaking near $3.66 in July, including a 4% drop in the past 24 hours that dragged it below the crucial $3 psychological mark.

Can it reclaim $3 as support and continue rallying afterward? Let’s check what XRP analysts are saying.

XRP price eyes rebound toward $4.40
XRP charts suggest that a rebound toward $4.00–$4.40 is possible, provided it can hold support around $2.95, according to Elliott Wave analyst Avi Harkishun.

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The primary cryptocurrency began the trading week on the right foot, with its price surging from $84,000 to over $87,000. Thus, it broke above the upper boundary of its recent consolidation range.

The gains continued in the following days, including a surge past $90,000 on Tuesday, and BTC hasn’t looked back since. It jumped to $93,000 on Wednesday, where it faced minor resistance and was pushed down to $92,000. However, that was short-lived, and the asset started pushing north once again on Thursday and Friday.

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