XRP Bulls Target Historic Highs After Strong $3 Support Test
Renowned market analyst CasiTrades has identified a bullish signal for XRP following a recent market correction. The cryptocurrency, which declined 6.74% last week, successfully retested the $3.00 support level without forming a new low—a key indicator of underlying strength. Technical analysis using Elliott Wave Theory suggests XRP's deep 0.854 Fibonacci retracement represents a classic Wave 2 bottom, setting the stage for a potential rally back to all-time highs. This development has sparked Optimism among XRP bulls, who now eye a return to previous peak levels as the next major milestone.
XRP Bulls Eye Return to All-Time High After Successful $3 Support Retest
Renowned market analyst CasiTrades has identified a bullish signal for XRP following a recent market correction. The cryptocurrency, which declined 6.74% last week, successfully retested the $3.00 support level without forming a new low—a key indicator of underlying strength.
Technical analysis using Elliott Wave Theory suggests XRP's DEEP 0.854 Fibonacci retracement represents a classic Wave 2 bottom. The strong bounce from $3.00 sets the stage for Wave 3, typically the most powerful upward movement in this pattern. "This is textbook wave structure," observes CasiTrades, noting the altcoin's ability to hold critical levels despite broader market weakness.
The failed attempt to sustain above $3.21 earlier this week now appears as a healthy consolidation rather than bearish reversal. Market participants are watching for confirmation of Wave 3 commencement, which could propel XRP toward new highs if the pattern holds.
Wellgistics Health's SEC Filing Signals Strategic XRP Integration for Payments and Treasury
Pro-Ripple lawyer Bill Morgan highlights Wellgistics Health's S-1 filing with the SEC as a pivotal development for XRP's utility. The healthcare company plans to leverage XRP beyond treasury reserves, embedding it into real-time payment systems and income generation strategies.
Wellgistics Health aims to use the XRP Ledger for low-cost B2B transactions, connecting pharmacies, manufacturers, and vendors. This move marks a tangible step toward institutional adoption, contrasting with speculative crypto holdings.
The filing reveals ambitions to raise capital through traditional securities while integrating blockchain infrastructure—a hybrid approach reflecting growing corporate confidence in XRP's payment capabilities.
Ripple CEO Warns of Surge in XRP Scams Targeting Investors
Ripple CEO Brad Garlinghouse has issued a stark warning to XRP investors as fraudulent activities escalate across social media platforms. Scammers are exploiting YouTube's infrastructure, hijacking channels and rebranding them to impersonate Ripple's official accounts.
The deceptive campaigns promise giveaways or investment opportunities, leveraging market momentum to lure unsuspecting holders. Garlinghouse emphasized that Ripple never conducts promotions through unauthorized channels, urging vigilance against accounts using altered usernames to appear legitimate.
XRP Positioned as Possible ‘World’s Reserve Bridge Currency’ Amid Global Payment Growth
Oliver Michel, CEO of a prominent German blockchain venture capital firm, suggests XRP could emerge as the 'World’s Reserve Bridge Currency.' The digital asset is gaining traction as institutions seek faster, cost-efficient cross-border payment solutions. XRP’s high liquidity and transaction speed position it as a key player in bridging traditional banking with blockchain infrastructure.
Market metrics show XRP trading at $3.18 with a $188 billion market cap, despite a 49% drop in trading volume. Meanwhile, Wellgistics Health’s adoption of XRPL has sparked debate over cryptocurrency’s role in healthcare finance.
The broader trend leans toward blockchain for real-time settlements, with XRP under increasing scrutiny from enterprises and traders alike. Its potential as a reserve bridge currency reflects growing institutional confidence in digital assets for global finance.
XRP's 2025 Trajectory: $15 Surge or $2 Retreat Hinges on Regulatory and Market Factors
Ripple's XRP hovers at $3.47 amid mixed signals, with a 0.13% uptick fueled by speculative ETF approvals and OCC banking license ambitions. The token faces a binary 2025 outcome—Flitpay projects either a $15 moonshot or $2 collapse—contingent on regulatory breakthroughs.
SEC approval of an XRP ETF and the Genius Act's stablecoin framework could propel institutional adoption. Conversely, regulatory delays may trigger bearish reversals. Market sentiment remains bifurcated between Ripple's web3 banking innovations and persistent legal overhangs.
XRP Elliott Wave Structure Suggests Impending Wave 3 Rally — $3 Support in Focus
XRP hovers precariously NEAR the $3.00 support level following a rejection at $3.21, testing a make-or-break zone for bullish momentum. Market analyst CasiTrades highlights this as a critical inflection point, where holding $3 could set the stage for a powerful Wave 3 advance under Elliott Wave theory.
The 0.854 Fibonacci retracement depth of the recent pullback aligns with typical Wave 2 corrections, suggesting exhaustion of selling pressure. A rebound from this level with increasing volume WOULD confirm the resumption of the uptrend, targeting a breakout above $3.21 resistance.
Notably, XRP has avoided printing new lows during this consolidation—a technical positive that preserves the broader bullish structure. Traders await either a decisive breakdown below $3.00 or confirmation of renewed accumulation at this level.
