XRP price must break this key level to reclaim $3

Key takeaways:

• XRP price needs to break above the $2.20-$2.30 range and 200-day SMA at $2.36 to clear the path to $3.
• XRP/BTC breaks multimonth downtrend as RSI shows a bullish divergence.

XRP (XRP) price remained unchanged on Tuesday, down 0.1% over the last 24 hours to trade at $2.26. Analysts now highlight the key resistance levels that must be broken on the path toward $3

XRP must reclaim the 200-day SMA

XRP must close above the $2.20-$2.30 range on the daily chart. The 50-day simple moving average (SMA) is at $2.22, and the 100-day SMA is at $2.20. After that, bulls are required to overcome the resistance at $2.36, the 200-day SMA, to target higher highs above $3

Related: The XRP signal that preceded 25% average drops in 2025 flashes again

Historically, flipping the 200-day SMA into support has always preceded a massive rally in XRP price. For example, the last time the XRP/USD pair crossed above the 200-day SMA in November 2024 was followed by a 430% rally in price to a multiyear high of $2.90 reached on Dec. 3, 2024.

XRP/USD daily chart. Source: Cointelegraph/**TradingViewThe “momentum is building, and XRP’s breakout is close!” said crypto analyst CasiTrades in a Monday post on X.

According to the analyst, multiple higher lows, followed by a reclaim of the $2.25 support, were “classic bullish continuation signals.” CasiTrades explained that this level was where the apex of the multimonth trendline and the 50-day and $100-day SMAs appeared to converge

“We’re now sitting just below $2.30, our local resistance. Once this level breaks, the next likely targets are $2.69 and $3.04.”

XRP/USD hourly chart. Source: CasiTradesMaking similar observations, pseudonymous analyst Dom said that the price is trading above a key “breakout zone” above $2.25, the convergence of all major VWAPs, or Volume Weighted Average Prices, and the 160-day downtrend line

“This is the exact momentum bulls need to aggressively show up and it can send to $2.40s.”

XRP/USD daily chart. Source: Dom## XRP/BTC looks to snap multimonth downtrend

XRP is also showing bullish signs against Bitcoin (BTC). On July 6, the XRP/BTC pair broke above a multimonth descending trendline at 0.00002065. This line has acted as resistance for the pair since March.

A retest of the trendline will confirm the end of the downward trend, clearing the path for the XRP/BTC pair to break out higher.

XRP/BTC daily chart. Source: Cointelegraph/**TradingViewXRP’s upside is supported by a growing bullish divergence between its XRP/BTC pair and the relative strength index (RSI). The chart above shows that the XRP/BTC pair dropped between May and July, forming lower lows, while the daily RSI ascended to 55 from 28, forming higher lows.

A divergence between falling prices and a rising RSI usually indicates weakness in the prevailing downtrend, prompting traders to buy more on the dips as investor interest increases and seller exhaustion sets in

Market analysts expect continued outperformance of XRP against BTC, with Mikybull Crypto saying that the pair needed to overcome the resistance at 0.000022 to confirm the upside.

“Break this trendline resistance and XRP will rally strong.”

XRP/BTC daily chart. Source: Mikybull CryptoAs Cointelegraph reported, an XRP/BTC breakout from a symmetrical triangle could lead to 70% gains, which will also likely send XRP price above $3.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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