XRP’s Road to $3: The Three-Step Strategy for a Price Rebound
Following a period of intense selling pressure, XRP bulls are attempting to transform a standard relief bounce into a full-scale macro recovery. Technical indicators now point toward a specific three-part impulsive structure that could see the digital asset climbing back toward its previous heights, provided it can clear key resistance levels established during the recent market downturn.
Mapping the Recovery Path
The proposed recovery is centered on a three-leg structure initiated from a recent low near $1.07. According to technical analysis, the first impulsive move is projected to reach the $1.94 region, followed by a necessary consolidation or "shakeout" back to the $1.46 support zone. This middle phase is critical, as it retests the levels broken during the previous crash, turning old resistance into new support before the final, and potentially strongest, leg of the sequence begins.
Targeting the $3 Range and Beyond
If the momentum holds, the final stage—characterized as a "Wave C" impulsive move—is expected to drive XRP into a primary resistance band between $2.70 and $3.11. Market analysts suggest that a decisive break above the $3.10 mark would confirm that a macro bottom has been established at the $1.05 level, potentially signaling a broader trend reversal toward new all-time highs. However, the path remains fraught with volatility. Should XRP fail to maintain its trajectory or lose momentum at the $2.12 rejection test, experts warn of a possible revisit to the $0.75 to $0.92 range to complete a more extended corrective cycle. For now, the focus remains on whether buyers can force the price through the critical levels that crumbled during the last market flush.