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$XRP is currently trading around the $2.00 zone, a level that has repeatedly acted as both support and resistance over the past few months. While some analysts are aggressively calling for $3 XRP by the end of December, the technical picture on the daily chart suggests caution rather than excitement.
Looking at the chart, XRP remains firmly trapped inside a descending channel, defined by a series of lower highs and lower lows since the summer peak. Every attempt to break higher has been rejected at the upper trendline, confirming that sellers are still in control.
From a pure price action perspective, XRP would need to invalidate multiple bearish signals before a $3 move becomes realistic.
XRP/USD 1D chart - TradingView
Momentum indicators, including the Stochastic RSI, are sitting near oversold levels but without a strong bullish crossover yet.
Oversold conditions alone are not enough to trigger a sustained rally. Without volume expansion and a confirmed breakout, bounces are more likely to remain corrective rather than impulsive.
Several bullish analysts argue that XRP could reclaim $3 before year-end, often pointing to historical rallies or broader market optimism. However, those projections largely ignore the current market structure.
For XRP to reach $3:
None of these conditions are currently met.
As long as XRP remains below the channel resistance, any upside move is technically classified as a relief rally, not a trend reversal. Expecting a 50%+ move in a few weeks without a structural breakout is speculative at best.
Based on the current setup, here are the more realistic XRP scenarios:
A move to $3 would only come into play after XRP reclaims higher resistance levels — not before.
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