The post XRP Price on Verge of Major Milestone, Is $3 Imminent? appeared on BitcoinEthereumNews.com.

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The digital currency ecosystem is in recovery mode, with the XRP price in the spotlight. Over the past 24 hours, the Ripple Labs-associated coin has jumped by 5.99% to $2.46. With this uptick, the coin remains one of the top 10 assets with immense prospects to reclaim key resistance levels. XRP to reclaim $3 price level? The price of XRP has both impressed and suffered a blow over the past month. From a low of $0.7726, the coin jumped as high as $2.86, short of the historic $3 resistance. With the coin entering a consolidation phase over the past few weeks, the coin is pushing for a major breakout. Related Recently, the XRP price has retested and survived new price lows, establishing a solid support wall around the $2 price mark. Amid the uncertainty in the broader market, XRP has recorded some intense sell-off attempts as the market battled intense liquidations on at least two occasions over the past three weeks. However, XRP has stayed resilient, with core on-chain metrics staying bullish. As of writing, the XRP trading volume is up 9.33%, with over $10 billion coins traded in 24 hours. With the coin’s rebound potential, chances of finally retesting the $3 horizon remain visible. Bullish fundamentals to watch Amid the expectations of a change in regulations in the…

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Filed under: News - @ December 14, 2024 12:26 pm