XRP is developed by Ripple Labs is a cryptocurrency designed to make international payments faster, cheaper, and more efficient than traditional banking systems. Unlike Bitcoin, which is mostly seen as digital money or a store of value, XRP was built for practical use in finance by serving as a bridge between different currencies. This makes it possible to send money almost instantly and at a very low cost usually within just a few seconds, unlike traditional systems like SWIFT that can take several days. Because of this speed and affordability, XRP has become attractive to banks, payment companies, and financial institutions looking for faster and cheaper ways to transfer money worldwide.
XRP operates on the XRP Ledger, an open-source blockchain that uses a unique consensus mechanism instead of mining, making it both quicker and more energy-efficient. While it has faced legal and regulatory hurdles especially in the U.S., where the SEC has questioned its classification it continues to be one of the top cryptocurrencies. With its strong emphasis on real-world payments, XRP remains an influential player in shaping the future of global money transfers.
TLDR
- CEO Christopher Inks says XRP is at a key turning point in its recovery.
- The token regained strength after rising back above its monthly pivot at $2.962.
- Inks highlights $3.38 as the critical resistance XRP must break to confirm the correction is finished.
- A close above $3.38 could signal the start of a stronger bullish trend.
- Experts are also watching Fibonacci levels as potential breakout zones.
- XRP recently bounced from a dip to $2.70 and moved past $3, but traders remain cautious.
- Analysts are monitoring these price levels to see if XRP’s recovery can last.
XRP Nears Critical Resistance at $3.38, Says TWC CEO
XRP is approaching a key resistance level at $3.38 which Christopher Inks, CEO of TWC, identifies as a decisive test for the cryptocurrency. After falling to $2.70, XRP bounced back and crossed its monthly pivot at $2.962, moving above $3 and showing signs of recovery. According to Inks, the key test is at $3.38 if XRP breaks this level, it could confirm the correction is over and start a stronger bullish trend. Analysts are also watching Fibonacci levels for possible breakout points. However, if XRP cannot pass $3.38, it may stay stuck in a sideways range, keeping traders unsure about its next move.
- CEO Christopher Inks calls this a crucial turning point for XRP.
- XRP recovered after a dip to $2.70 and reclaimed its $2.962 monthly pivot.
- The $3.38 resistance is seen as the barrier to end the correction.
- A close above $3.38 could spark a stronger bullish trend.
- Fibonacci levels are being tracked for further breakout opportunities.
- Failure to break $3.38 may keep XRP consolidating between $2.70–$3.30.
XRP Builds Strength as Traders Eye Breakout
XRP is gaining momentum after its recent rebound bringing renewed optimism among traders and investors. Analysts note that reclaiming key levels including the monthly pivot has boosted bullish sentiment with attention now turning to the critical resistance at $3.38. A clear move above this level could mark the end of XRP’s correction phase and open the path to higher targets at $3.66, $3.94, and even $4.42.
Experts are also watching Fibonacci levels as potential breakout points if momentum continues to grow. XRP has bounced back from its drop to around $2.70 and is holding above $3, but uncertainty still remains. If it cannot break through the $3.38 resistance the token may stay in a consolidation phase. This mix of hope and caution keeps XRP in focus as traders watch closely to see whether recent gains can turn into a stronger, long-term bullish trend.
XRP Price Targets $4.50 as Key Levels Come Into Focus
XRP is attracting attention as it gains strength and builds momentum toward a possible move to $4.50. After bouncing back from recent lows, the cryptocurrency has reclaimed key support levels, giving traders renewed confidence. The first major test is the $3.38 resistance which must be broken to confirm a bullish breakout. Beyond that, levels at $3.66, $3.94 and $4.27 are being watched as important checkpoints before XRP can make a push toward $4.50. Staying above these levels will be critical for maintaining momentum and avoiding another consolidation phase.
- XRP is showing strength as it moves toward the $4.50 target.
- First key resistance: $3.38 (important breakout level).
- Next checkpoints: $3.66, $3.94, and $4.27.
- Clearing these levels could open the way to $4.50.
- Holding support above them is vital to keep momentum alive.
Conclusion
XRP’s challenge at the $3.38 resistance is a key point in its recovery and TWC CEO Christopher Inks sees it as an important level to watch. If XRP breaks and holds above $3.38 it could mark the end of its correction and start a stronger upward trend, with possible targets at $3.66, $3.94, and $4.42. This would boost trader confidence and create stronger support levels to keep momentum going. But if XRP fails to cross $3.38, it may stay stuck between $2.70 and the low $3s, leaving traders uncertain. The $3.38 level is not just technical it’s also a psychological test that could decide whether XRP moves into real growth or stays in consolidation.
