- XRP touched $3 but faced resistance, dipping slightly as long-term holders from 2017 may be looking to exit.
- A potential sell-off could challenge XRP’s ability to break past its all-time high of $3.40.
- Unlike past cycles, today’s market includes institutional backing through ETFs, giving XRP stronger momentum if Bitcoin continues its rally.
XRP just tapped the $3 mark this week—big milestone, no doubt. But not long after that, it slipped a little, dropping to $2.95 midweek, according to CoinGecko. Still, the coin had a heck of a run, jumping up over 26% in just a few days. Investors who got in early definitely caught a nice wave.
So, what’s next? Now that Ripple’s native token hit the big $3, will it keep running, or was that it for now? That’s kinda the golden question, right? Below, we’ll talk through some possibilities, bullish and bearish, that could help you decide whether to hop in—or maybe wait this one out.
Also read: Ripple Signs Crypto Custody Deal With Ctrl Alt in Dubai
Will $3 Hold or Break?
$3 is a weird spot for XRP. Why? Because a whole bunch of folks bought in around that price back in 2017-ish. And since then? Let’s just say, it hasn’t been a fun ride. XRP last hit an all-time high of $3.40 in Jan 2018… then it fell off the radar for a long time. Seven years later, those same holders might finally just want out.
If that crowd decides to dump and run, XRP could take a hit—again. That might be a hard ceiling. Historically, whenever it pokes its head above $3, it tends to slide back down. Not saying history always repeats… but it does rhyme.
But Here’s the Upside…
Now here’s the other side of the coin (literally): things are way different today than back in 2018. This isn’t just retail-driven madness anymore. Institutional players are in the game now—ETFs, ETPs, and all that jazz. Back then, it was just hype and hope. Now? There’s real money behind these moves.
Also read: Your $1K in Ripple (XRP) Could Explode—If It Hits $5 or $10
And let’s not forget what Bitcoin’s doing—blasting past all-time highs like it’s nothing. If BTC keeps flying, altcoins like XRP could follow suit. If XRP can break out clean from here, hitting $3.40 doesn’t sound so crazy. Heck, maybe even $3.50’s in play. Not saying it will, but if you’re into taking calculated risks… this might be one of those window
