XRP Stabilizes Above $2.80, Buyers Target $3.00 – Key Resistance Zone Remains

XRP prices are currently hovering near the $2.80 level, showing signs of stabilization after a prolonged downtrend. The market awaits a decisive breakout above the crucial resistance zone around $3.00. Analysts attribute this consolidation to growing DeFi applications and increased interest from institutional investors. 4-hour chart analysis indicates a potential reversal setup, with buyers eyeing the $3.00 threshold as the next target. A clean breakout could fuel further bullish momentum and potentially push prices towards $2.95 and beyond.