Could XRP Reach $3? Breakout Analysis Shows Potential

XRP price is poised for a significant move as traders anticipate a potential rally toward the coveted $3 mark. After breaking free from a prolonged downward wedge pattern, XRP surged past key resistance levels before experiencing a brief correction. The asset’s next trajectory may hinge on the 26-day EMA, currently acting as strong support. This moving average recently crossed above both the 50 and 100-day EMAs, with price action signaling its potential breakout.