{"id":360564,"date":"2025-01-28T14:47:05","date_gmt":"2025-01-28T09:17:05","guid":{"rendered":"https:\/\/dripp.zone\/news\/heres-how-high-xrp-price-could-rally-after-crossing-3-crypto-news\/"},"modified":"2025-01-28T14:50:39","modified_gmt":"2025-01-28T09:20:39","slug":"heres-how-high-xrp-price-could-rally-after-crossing-3-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/heres-how-high-xrp-price-could-rally-after-crossing-3-crypto-news\/","title":{"rendered":"Here’s How High XRP Price Could Rally After Crossing $3 – Crypto News"},"content":{"rendered":"

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The XRP has left its bullish price rally and entered a consolidation earlier. Although the Ripple token shows a bullish signal, the fundamental momentum has remained absent. However, if the token surpassed the key resistance, it could achieve a new milestone. Interestingly, many crypto analysts have acknowledged the situation and presented a new Ripple price target after crossing $3. Let\u2019s discuss.<\/p>\n

XRP Price to Target $10 After Crossing $3<\/h2>\n

The Ripple token has significantly recovered after a shallow dip to $2.74 amid the US stock market crash<\/a>. It currently trades at $3.10 after a 6% surge, with high investor interest. Based on this and the technical factors highlighting a bullish outlook, the XRP price can target the $4.6 level, extending as high as $5. The level between $4.6 and $5 represents a critical resistance zone, which could act as a profit zone if the investors act right.<\/p>\n

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According to\u00a0XForceGlobal<\/a>, a bounce from this level and the alignment of bullish factors may lead to the $8 mark.\u00a0Although $8 seems like a big jump considering the historical levels and current performance, the technical chart shows this possibility with the right trend. Moreover, many crypto analysts have anticipated a $8-$10 ATH position for the XRP price.<\/p>\n

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Over a longer timeframe, a $10 valuation remains feasible but would require a 222% rally. This could only be possible under the bull run or Donald Trump approving the XRP reserve.<\/p>\n<\/blockquote>\n

However, consolidation and trend reversal are inevitable due to the changing investor sentiments and global market performance.<\/p>\n

Technicals Suggest Price Could Revisit $3.37<\/h2>\n

Although the Ripple token has significantly recovered today, and technical charts show a rally to $4.6-$5, a trend reversal could occur. Due to massive liquidation in short positions, the XRP price could revisit the $3.37 level. According to the Coinglass derivative data, around $340M shorts may be liquidated on exchanges like Binance, Bybit, and others, disturbing the price rally.<\/p>\n

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However, once the liquidation settles, it could generate substantial buying pressure, eventually pushing the Ripple price higher. This way, $3.37 can act as a pivot or a crucial short-term target where investors can capitalize on the market movements.<\/p>\n

Ripple CEO Wants XRP in Digital Asset Reserve<\/h2>\n

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Along with the Bitcoin reserve, the crypto community also shows interest in the XRP reserve. The polymarket data show 16% odds favoring the approval, which is significant but had grown to as high as 47% on January 21, past Donald Trump\u2019s inauguration day.<\/p>\n

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Interestingly, the Ripple CEO also met Donald Trump, and soon after, Trump approved a national digital asset stockpile <\/a>instead of the Bitcoin reserve. This decision seemed to favor Ripple more, creating suspicion of an inner partnership, primarily due to Ripple\u2019s donations.<\/p>\n

Amid users\u2019 suspicions that these events favor an XRP reserve, CEO Brad Garlinghouse commented <\/a>on the need for one in the future digital asset market. In an X post, he highlighted the need to choose an asset representing the entire crypto industry, not just one token.<\/p>\n

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If a government digital asset reserve is created \u2014 I believe it should be representative of the industry, not just one token.<\/p>\n<\/blockquote>\n

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Although not directly, critics see Ripple\u2019s efforts in positioning XRP as the key component of the global digital financial system. Significant development and partnerships could help make this happen.<\/p>\n

What\u2019s In There For You?<\/h2>\n

XRP has entered a critical phase, where a significant above move of $3 could push the price as high as $8. This will likely happen with the technical indicators showing bullish momentum, where $3.37 is the ideal short-term target. The exact target could pivot to higher highs like $4.6, $5, $8, and $10 in the most optimistic conditions like XRP reserve formation. As Ripple CEO Brad Garlingouse said, only a digital asset representing the entire industry is the ideal placement for reserve. That puts only Bitcoin, XRP, and a few others in the spotlight. Investors should carefully monitor the Ripple token, especially as the bullish momentum is building.<\/p>\n

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