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How to Get XRP Now Before It Crosses $3 – A Quick Guide

How to Get XRP Now Before It Crosses $3 – A Quick Guide

CryptotickerCryptoticker2025/02/02 08:00
By:Cryptoticker

XRP has been making headlines with its recent price action, climbing above key resistance levels and consolidating around the $3 mark. Many investors are questioning whether this is the perfect opportunity to buy before another breakout or if a correction is on the horizon. Based on the daily price chart, key technical indicators suggest that XRP is at a critical juncture, making it a compelling entry point for traders looking to capitalize on future price movements.

Is XRP About to Break Out Again?

How to Get XRP Now Before It Crosses $3 – A Quick Guide image 0 XRP/USD Daily Chart: TradingView

Analyzing the resistance and support levels, XRP recently broke through previous resistance zones and surged towards $3.01, forming a new local high. However, the price has pulled back slightly, now consolidating around $2.87. This retracement is a natural correction after a strong rally and could signal a potential accumulation phase before another leg up.

The previous resistance levels have now turned into support, meaning buyers are stepping in whenever the price dips. If XRP holds above these levels, a breakout beyond $3.20 could be the next move, potentially pushing XRP towards new highs in the short term.

Is the RSI Showing a Buying Opportunity?

Looking at the Relative Strength Index (RSI), the 14-day RSI is hovering around 49.88, which is close to the neutral zone (50). This suggests that XRP is neither overbought nor oversold, meaning the market has room for another upward push.

Previously, when the RSI dipped to similar levels, it preceded strong bullish rallies. If buyers step in at this consolidation phase, we could see another RSI breakout above 60, signaling renewed momentum in XRP’s uptrend.

Could a Retest of $2.85 Be the Last Buying Opportunity?

A key observation in the chart is the support around $2.85-$2.87, which XRP is currently testing. This level previously acted as resistance before the price broke above it, and now it has turned into a strong support zone.

If XRP holds above this range, it could confirm a bullish continuation pattern, making this dip a prime buying opportunity before the next price surge. However, a break below this level could lead to a deeper correction towards $2.50-$2.60, offering an even lower entry point for investors.

What’s the Next Target for XRP?

If XRP successfully maintains its support and breaks the $3.20 resistance, the next key price targets to watch are:

  • $3.50 – A psychological level that could trigger more buying interest.
  • $3.85-$4.00 – The next major resistance zone where profit-taking may occur.
  • $5.00 and beyond – If momentum remains strong, XRP could attempt to retest its all-time high (ATH) levels in 2025.

Given the overall trend structure , XRP remains in a macro uptrend, and any pullbacks could be short-lived before another leg higher.

Should You Buy XRP Now?

Based on the chart, XRP is currently in a healthy consolidation phase after a strong rally. With RSI cooling off, strong support at $2.85, and potential for another breakout, now could be an ideal time to accumulate before the next upward move.

However, traders should monitor the support levels closely—if XRP falls below $2.85, waiting for a lower entry point could be a better strategy. If it holds and breaks $3.20, expect another rally towards $3.50 and beyond.

Where to Buy XRP?: The Best Exchange for Your Investment

If you're considering buying XRP, Bitget stands out as a top choice for its reliability and user-friendly features. Here’s why it’s a great platform:

Why Choose Bitget?

  • Low Trading Fees – Competitive fees help you maximize profits.
  • Strong Security Measures – Advanced encryption and asset protection ensure safety.
  • Beginner-Friendly Interface – Designed for both new and experienced traders.
  • Global Access – Available in multiple regions with diverse payment options.
  • Exclusive Promotions – Enjoy bonuses and referral rewards for extra value.

Step-by-Step Guide: How to Buy XRP on Bitget?

Follow these simple steps to purchase XRP and start your crypto journey:

  • Create an Account: Sign up on Bitget using this referral link to claim a welcome bonus.
  • Complete KYC Verification: Upload the required documents to verify your identity and ensure secure trading.
  • Fund Your Account: Deposit funds via bank transfer, credit card, or cryptocurrency.
  • Navigate to the Trading Section: Search for XRP in the trading platform.
  • Purchase XRP: Use your deposited funds to buy or swap for XRP and confirm the transaction.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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