XRP Breaks Out, Targeting $3 as Next Key Level
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 04 2026- Price Breakout: XRP's daily chart confirms a breakout above a long-standing descending trendline, marking a significant shift in market sentiment that suggests a transition from a corrective phase to a potential continuation trend.
- Target Price: The $3 level stands out as a crucial historical resistance area, aligning with technical analysis logic; if XRP maintains strength above the breakout level, the path toward this target remains valid, attracting more buyer interest.
- Improving Market Conditions: XRP's breakout does not occur in isolation, as the overall crypto market structure is improving, with capital gradually rotating back to large-cap altcoins, further supporting XRP's upward potential.
- Enhanced Regulatory Clarity: Following the resolution of Ripple's legal dispute with the U.S. Securities and Exchange Commission, XRP benefits from improved regulatory conditions that have removed previous constraints on bullish follow-through during technical breakouts, enhancing market bullish sentiment.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
