BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

XRP Confronts Major Resistance at $3.221: Bullish Breakout or Bearish Reversal?

Gary Ponce by Gary Ponce
February 5, 2025
in CRYPTO, OPINION
Reading Time: 3 mins read
7
SHARES
117
VIEWS
Share on XShare in TelegramShare on Reddit
  • XRP must breach $3.221 to sustain bullish momentum; failure could trigger sideways or downward movement.
  • Analysts warn a dip below key levels may lead to further losses and $1.9622 support testing.
  • Ripple’s partnership with Ondo Finance brings tokenized U.S. Treasuries to XRPL, strengthening institutional adoption.

Market analyst Nebraskangooner has highlighted $3.221 as the critical barrier XRP needs to smash if it’s going to maintain its upward charge. This resistance point has proven stubborn, as XRP hit highs around here before heavy selling kicked in, triggering a sharp reversal.

Interestingly, this rejection corresponded with the 1.337 Fibonacci extension—a level that chart watchers often keep an eye on. Since that setback, XRP’s price has dipped, reaching lows near $3 but clawing its way back just slightly above at the moment.

Analysts anticipate a renewed rally could spark buying activity, but it hinges on breaking through $3.221 resistance. Otherwise, we might see XRP settle into a sideways grind or even sink further.

Analysts Flag Potential $1.9622 Downside

Failure to break key resistance might open the floodgates to bearish momentum. If sellers regain their grip, XRP could plunge toward the next critical support level—$1.9622—a line that could shape the asset’s longer-term fate.

The latest market tremors have rattled leveraged traders, with over $11 million in liquidations recorded in just 24 hours. Of that, long traders have taken a particularly hard hit, racking up $7.4 million in losses.

Should XRP continue struggling at resistance, the ongoing bearish trend may deepen, resulting in further pain for over-leveraged positions.

Whales Accumulate as XRP Defends $3 Support

Despite volatility, XRP has clung to $3 as a crucial support, showing resilience amid market fluctuations. Data reveals that each time the price nears this zone, large investors—or “whales”—swoop in to buy, shoring up demand.

Egrag Crypto, a market observer, noted that bullish forces have repeatedly kept the price afloat above $3 during recent trading sessions. Whenever XRP briefly dips below that level, a surge in buying pressure seems to counteract selling forces.

Still, there’s a cautionary note: If buyers don’t maintain this momentum, the support could crack, potentially accelerating declines.

Ripple and Ondo Finance Team Up for OUSG Launch on XRPL

In a push to expand its institutional appeal, Ripple has partnered with Ondo Finance to bring the tokenized U.S. Treasury fund OUSG to the XRP Ledger (XRPL). Over the next six months, Ondo plans to deploy OUSG—an asset backed by U.S. Treasuries and BlackRock’s BUIDL fund—offering investors a regulated, yield-focused opportunity.

This integration enhances institutional access to real-world asset (RWA) tokens via XRPL’s established regulatory framework, which includes Decentralized Identifiers (DIDs) and on-chain credential tools. Users can directly manage OUSG transactions through Ripple’s RLUSD stablecoin infrastructure, ensuring both security and liquidity.

As of now, XRP trades at $3.14, reflecting a 2.25% uptick in the past 24 hours. Analysts remain hopeful as bulls continue defending the $3 level, setting the stage for a potential breakout.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: blackrockEGRAG CRYPTONebraskangoonerOndo FinancerippleRLUSDXRPL
Tweet2ShareShare
Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

DON'T MISS THESE! HOT OFF THE PRESS

OpenSea and Binance “Ape In” — Why Both Switched to Bored Ape Yacht Club Profile Pictures on X
BINANCE BNB

OpenSea and Binance “Ape In” — Why Both Switched to Bored Ape Yacht Club Profile Pictures on X

October 15, 2025
Coinbase Adds BNB to Its Listing Roadmap — Here Is What It Means for the Market
BINANCE BNB

Coinbase Adds BNB to Its Listing Roadmap — Here Is What It Means for the Market

October 15, 2025
What Happened in Crypto Today? – October 15: Huge Binance and Trump-China News
BINANCE BNB

What Happened in Crypto Today? – October 15: Huge Binance and Trump-China News

October 15, 2025
3 Reasons Why Bitcoin and Crypto Are Dumping Today
BITCOIN

3 Reasons Why Bitcoin and Crypto Are Dumping Today

October 15, 2025
Sony Aims to Become a Crypto Banking Power With Stablecoin Ambitions: What You Need to Know
BUSINESS

Sony Aims to Become a Crypto Banking Power With Stablecoin Ambitions: What You Need to Know

October 15, 2025
Why is Ethereum Dumping Today? Here is What You Missed
CRYPTO

Why is Ethereum Dumping Today? Here is What You Missed

October 15, 2025
Load More

Related News

OpenSea and Binance “Ape In” — Why Both Switched to Bored Ape Yacht Club Profile Pictures on X

OpenSea and Binance “Ape In” — Why Both Switched to Bored Ape Yacht Club Profile Pictures on X

October 15, 2025
Coinbase Adds BNB to Its Listing Roadmap — Here Is What It Means for the Market

Coinbase Adds BNB to Its Listing Roadmap — Here Is What It Means for the Market

October 15, 2025
What Happened in Crypto Today? – October 15: Huge Binance and Trump-China News

What Happened in Crypto Today? – October 15: Huge Binance and Trump-China News

October 15, 2025
3 Reasons Why Bitcoin and Crypto Are Dumping Today

3 Reasons Why Bitcoin and Crypto Are Dumping Today

October 15, 2025
Sony Aims to Become a Crypto Banking Power With Stablecoin Ambitions: What You Need to Know

Sony Aims to Become a Crypto Banking Power With Stablecoin Ambitions: What You Need to Know

October 15, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews