XRP Price Eyes $3 After Bullish Chart Formation

Krutika Adani

XRP Forms Rounded Bottom Pattern

Despite recent crashes, XRP shows signs of recovery as analysts spot a bullish rounded bottom within a descending channel.

Key Support Holding at $1.6

The altcoin is testing the bottom trendline — a proven support zone — with bulls looking to bounce between $1.70–$1.85.

Next Resistance: $2 to $2.2

If XRP climbs from support, it must break through resistance at $2–$2.2 to confirm a bullish continuation.

Analyst Sets Profit Targets

Price targets include $2.33, $2.81, and $3.30 — levels that could take XRP back to its January 2025 highs.

What Could Go Wrong?

Failure to hold $1.6 support could trigger a drop to $1.3, but rising buy pressure suggests a bullish outcome is more likely.

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