XRP Smashes Past USDT—Now Gunning for $3 as Market Cap Soars
The sleeping giant wakes. XRP just bulldozed Tether’s USDT to claim third place by market cap—and traders are betting this rally has legs.
From courtroom chaos to top-tier crypto
Remember when regulators treated Ripple like a piñata? Today’s 40% monthly surge proves the ’unregistered security’ FUD has expired. With the SEC lawsuit dust settling, institutions are finally playing ball.
The $3 target isn’t fantasy
Technical charts show a clean breakout from a 6-year accumulation zone. If Bitcoin holds steady, XRP could retest its 2018 ATH by Q3—because nothing fuels crypto rallies like FOMO and hedge funds chasing ’undervalued’ assets (read: late to the party).
Watch the $0.75 level this week. Hold there, and this becomes more than a dead-cat bounce. Lose it? Well, even stablecoins yield 5% these days—not that anyone’s in crypto for *stability*.
XRP Market Cues Are Yet To Gain Strength
XRP’s relative strength index (RSI) is currently sitting at 69.23, just below the critical 70.0 threshold that signals overbought conditions. Historically, when assets enter the overbought zone, a reversal in price is often seen as momentum wanes. However, in November 2024, XRP defied the typical pattern by continuing its bullish rally despite reaching similar overbought conditions.
This sets up a scenario where XRP could repeat history if the momentum continues to build. The price did not experience a reversal in November 2024, instead rallying sharply despite reaching overbought territory.
For XRP to repeat its 2024 performance, the current bullish trend must gather more strength. The average directional index (ADX) is currently sitting just below the 25.0 threshold, which is critical for confirming the strength of an uptrend. If XRP’s ADX crosses this threshold, it WOULD signal that the bullish momentum is gaining strength and could sustain the current rally.
In the past, when XRP experienced a similar situation in November 2024, the ADX also showed that momentum was increasing. This strength allowed XRP to break through resistance and push higher, even when the asset was deemed overbought. Therefore, the ADX could play a key role in determining whether XRP can repeat its previous success.
XRP Price Can Make It To $3
XRP is currently trading at $2.58, having risen by 21% over the past week. The altcoin managed to breach the $2.56 resistance level but has yet to secure it as support. If this level holds, XRP could continue its uptrend.
With $3.00 now within reach, XRP is aiming to break the next barrier at $2.95. If XRP manages to breach this level, a push toward the $3.00 mark is possible, repeating the history of strong price movements seen earlier. However, without sufficient strength in the uptrend, XRP could fall back into overbought conditions, resulting in a price reversal.
In the event of a downturn, XRP could face a decline below $2.56, leading to a potential drop to $2.27. If this occurs, it would invalidate the current bullish thesis, signaling a potential end to the rally. The market’s ability to maintain strength in the NEAR term will be crucial in determining XRP’s price trajectory.
