Why Ripple’s (XRP) $3 Support Could Be the Start of a New Rally

Ripple (XRP) is beginning the week with a crucial technical setup as it tests the $3 Fibonacci support ￰0￱ zone, analysts say, could determine the crypto asset’s next major ￰1￱ has been consolidating around it for several days and has shown signs of price stability as it gradually builds ￰2￱ consolidation could be a positive sign, often preceding a breakout when support holds ￰3￱ Eyes on $3 According to the analysis shared by CasiTrades, XRP’s ability to maintain its footing around $3 indicates strong buying pressure and validates the level as a potential springboard for the next ￰4￱ analyst explained that if this support remains intact, XRP could enter a “Wave 3” upward move, which is typically the sharpest and most extended phase in Elliott Wave ￰5￱ next resistance levels are projected around $4 and $4.50, with further targets dependent on how subwaves develop in the coming ￰6￱ period is being closely watched as a key inflection point for the token, and any breakdown might signal weakness in the current ￰7￱ added, “This is a critical support test here for ￰8￱ market is testing strength while forming clear ￰9￱ eyes on how it behaves at this $3 support!” Complementing this technical outlook, Santiment’s latest data shows that the crypto asset is currently experiencing its highest level of retail fear and uncertainty since Trump’s tariffs were announced six months ￰10￱ bearish comments outweighing bullish ones over two of the past three days, the crypto analytic platform interprets this sentiment imbalance as a potential contrarian buy signal.

Ripple’s DeFi Expansion Accelerates In line with the broader bullish undertone for the token, Sentora’s on-chain data also revealed a significant surge in activity within the Flare ecosystem, which is closely tied to XRP’s expanding ￰11￱ the launch of FAssets in September, the DeFi interoperability network, Flare’s total value locked (TVL) has climbed roughly 28%, driven largely by the influx of XRP bridging into the ￰12￱ observed that FXRP caps, which limit XRP’s usage on Flare, have been consistently reached in rapid succession, which points to rising demand for XRP-based DeFi applications.