Monthly Close Watch: $3.30 Could Be XRP’s Springboard as eToro CEO Flags Soaring Demand

XRP Eyes Major Breakout as Analyst Highlights $3.30 Threshold

Renowned analyst EGRAG CRYPTO says a monthly close above $3.30 could be XRP’s launch pad, igniting bullish momentum and setting up measured moves to reshape its market trajectory.

This forecast comes as XRP battles bearish pressure, recently slipping to the $2.90 zone. 

Despite this downward momentum, EGRAG CRYPTO remains confident, urging investors to 'be smart and patient' as the bigger setup unfolds.

The $3.30 level carries both symbolic and technical weight for XRP, sitting just below its recent all-time high of $3.65. 

Therefore, EGRAG CRYPTO views it as a pivotal zone where sentiment, liquidity, and market psychology converge. A sustained close above this mark would signal that XRP has reclaimed historic resistance and is primed to establish new support, paving the way for higher targets.

Therefore, the analyst highlights the power of measured moves, price targets derived from historical patterns and breakout structures. 

For XRP, clearing $3.30 could trigger such moves, signaling major upside potential. A breakout at this level would likely draw fresh institutional and retail demand, cementing XRP’s position as a leading asset for payments and cross-border settlement.

eToro CEO Yoni Assia Highlights Rising Investor Demand for XRP

Crypto analyst John Squire has spotlighted eToro CEO Yoni Assia’s remark on rising XRP demand, signaling a major shift in investor sentiment toward a token long shadowed by regulatory hurdles. His tweet suggests XRP is regaining strong market momentum.

This development is particularly noteworthy given XRP's historical legal battles, including a prolonged lawsuit with the U.S. Securities and Exchange Commission (SEC), which came to an end earlier this month. 

Therefore, the rising demand for XRP suggests a growing confidence among investors and traders in its potential, despite past controversies.

XRP’s renewed interest stems from three key drivers, including growing institutional adoption of blockchain, improved regulatory clarity easing legal concerns, and ongoing tech upgrades, such as faster transaction speeds, increased On-Demand Liquidity (ODL), and greater scalability, which strengthen its market appeal.

XRP is currently trading at $2.90, a slight pullback from recent highs. While fluctuations are typical in the volatile crypto market, such dips often create strategic entry points for investors.

Conclusion

Yoni Assia's acknowledgment of rising demand for XRP, as highlighted by John Squire, signals a positive shift in the cryptocurrency's market perception. 

While challenges remain, the growing interest in XRP could pave the way for its broader acceptance and integration into the financial ecosystem.

Meanwhile, EGRAG CRYPTO notes XRP has 11 days to secure a monthly close above $3.30, the key threshold for the 3rd-largest crypto to break free from its current pressure.