XRP Price Prediction: Will the Bloodbath End as Bulls Eye a Return to $3?

XRP's price action has taken a step back over the past week, with momentum slowing down amid broader market consolidation.

XRP’s price action has taken a step back in the past week as momentum slows down amid broader market consolidation. Starting the previous week around $2.75, XRP has contended with a pullback as sellers largely dictated the just-concluded trading week.

However, crypto analyst Egrag Crypto has outlined an optimistic scenario where the XRP price could enter a bullish trajectory that sets up short-term targets of $4–$6 and long-term projections as high as $60.

Critical Resistance Around $3 Holding Back XRP’s Rally

At the time of Egrag Crypto’s analysis, XRP was trading at $2.67 in a slight extension of its losses from $2.75. As the analyst noted, XRP has faced heavy resistance in the past around the $2.75 to $3.00 range. This zone marks a psychological threshold from the altcoin’s previous all-time highs levels around $3.40. A monthly close above $3.00 would indicate strong bullish momentum, while a rejection could result in a pullback towards support levels.

Should XRP manage to clear $3.00, the next major resistance levels align with Fibonacci extensions at $4.30 and $6.40.

After the Fib 1.618 breakout, there’s another breakout sequence that is planned out in the event of a successful breakout above the Fib 1.618 extension at $6.40. If this level is also broken, XRP could be set up for a long-term price rally to $8, $13, $27, and even $67 based on Fibonacci extension levels.

Rejection At $3 Could Derail XRP’s Price Breakout

Despite the promising setup, there are risks of a rejection at $3. A failure to reclaim $3 could force XRP into an extended period of sideways movement or, worse, a retracement toward $1.90–$2.00. If market sentiment weakens further and XRP breaks below $1.90, it could indicate a shift toward a deeper correction, with $1.00, or even as the next downside risk level. This extreme case is currently unlikely, however, unless there’s something that the analyst calls a ‘Black Swan’ across the entire crypto market.

However, the current market trajectory suggests that the overall bullish structure remains intact, provided XRP holds above key levels, and volume confirms momentum in the coming weeks. At the time of writing, XRP is trading at $2.57.