XRP Latest News Eyes $3.50 Rally as Bulls Defend Critical $3.00 Support Zone

XRP just pulled off a textbook bounce from the $3.00 support level, sparking fresh optimism among traders. With the token holding its bullish channel structure and showing decisive price action, all eyes are now on whether it can break through key resistance toward the $3.50 target.

XRP Price Holds Strong Above $3.00 Support

XRP is currently trading at $3.1487, up 0.618% on the day with an intraday range between $3.1041 and $3.1765. What's got traders excited is the clean bounce off $3.00 support after completing a two-legged pullback.

This textbook price action shows the bulls are defending their territory and keeping the upward channel intact. By holding above $3.00, XRP maintains its bullish structure and higher-low pattern that's been driving this rally.

$3.50 Target in Play if XRP Breaks $3.30

The next major test comes at $3.30 resistance. A clean break above this level would confirm the pullback is over and open a clear path toward the $3.50 target zone.

The technical setup looks compelling, with momentum building behind the move. XRP isn't just grinding higher – it's showing the kind of decisive action that suggests real buying interest, making the $3.50 target increasingly realistic if current pressure continues.