Overview
- XRP hovered near $3.04 late Monday, up about 2% over 24 hours, as traders gauged a tight range just below recent highs.
- Short‑term resistance is clustered around $3.03–$3.05, and analysts say a decisive move above that band could start a new leg higher.
- Failure to clear resistance risks a pullback toward supports near $2.92, $2.85, and potentially $2.80–$2.72 if selling accelerates.
- Price structure remains constructive above the 200‑day moving average and a value‑area high near $2.70–$3.00, which many view as a base.
- Commentary highlights pending spot XRP ETF filings and institutional interest as potential catalysts that could amplify any confirmed breakout.