XRP Surges to Two-Month Peak—Analysts Eye $3 as Breakout Gains Steam

XRP rockets past resistance levels, notching its highest price since March 2025. Traders pile in as bullish technicals signal a potential run toward $3—proving once again that crypto ’fundamentals’ are just astrology for finance bros.

Key drivers? A mix of speculative FOMO and Ripple’s ongoing legal theatrics with the SEC. The token now flirts with a 200-day moving average—a line Wall Street suddenly cares about when it suits their narrative.

Watch liquidity zones near $0.75: Break that, and the path clears for a full-blown frenzy. Just don’t ask what’s backing the rally—we’re all just along for the ride.

If XRP can hold above the $2.45 support level, it could push toward $2.80 or even retest the $3 psychological level. But if it falls below $2.20, it might face a short-term pullback.

Crypto analyst Dark Defender believes XRP’s latest move could be the start of a bigger wave, according to their May 10 post on X. Using Elliott Wave theory, they say XRP may have finished its Wave 4 correction at $2.07 and is now entering Wave 5, which is often the strongest part of the cycle.

They add that confirmation is still needed, but if this pattern holds, XRP could see targets between $5.85 and $6.39 in the coming weeks.