Analyst Is Confident: XRP Will Soon Surpass $3

XRP remains at the center of market attention as traders assess whether recent volatility signals exhaustion or opportunity. After a sharp pullback that tested key technical levels, price action has begun to stabilize, prompting renewed discussion about XRP’s next directional move. For many market participants, the current structure suggests preparation rather than weakness.

That outlook aligns with a recent technical assessment shared by market analyst CRYPTO CAPTAIN, who expressed strong confidence that XRP is setting up for a move beyond the $3 mark. His analysis focuses on higher-timeframe structure, confirmed support levels, and emerging reversal behavior.

Price Action Defends a Key Support Level

On the one-day XRP/USD chart from Bitstamp referenced in the analysis, the price recently dipped to the $2.04 region before rebounding. This level has acted as a structurally important support zone, repeatedly attracting buyers during periods of market stress. XRP’s ability to hold this area despite broader crypto volatility strengthens the bullish thesis.

When price respects a well-established support on the daily timeframe, it often signals that selling pressure is weakening. Buyers typically step in at these zones to defend market structure, creating the foundation for a potential trend continuation.

Technical Structure Signals Reversal Potential

CRYPTO CAPTAIN highlighted signs of a developing bullish reversal following the dip. XRP showed a swift response from support, suggesting accumulation rather than panic-driven selling. This type of reaction often precedes a retest of higher resistance levels, especially when no lower lows form.

From a technical standpoint, XRP remains within a broader uptrend as long as price holds above critical daily support. This structure keeps the probability of upward continuation intact while invalidating deeper bearish scenarios.

The $3 Level as the Next Major Target

The $3 price zone represents both a psychological milestone and a technical resistance area. XRP previously faced rejection near this level, making it a natural point of interest for traders. A renewed approach toward $3 would test bullish momentum and market conviction.

If XRP breaks and holds above this level, technical traders often view such a move as confirmation of strength rather than speculation. Volume expansion and follow-through would remain key factors in validating any breakout attempt.

Market Conditions Favor a Bullish Continuation

While short-term volatility persists across the crypto market, XRP’s resilience at support suggests underlying demand remains strong. Combined with improving regulatory clarity and sustained institutional interest, the technical setup appears constructive rather than fragile.

Although no forecast guarantees immediate results, XRP’s current structure supports CRYPTO CAPTAIN’s view that a move toward $3 and potentially beyond remains a realistic near-term scenario.