XRP Confronts Major Resistance at $3.38, Deemed a Critical Test by TWC CEO

It runs on the XRP Ledger, an open-source blockchain that uses a special consensus method instead of mining, which makes it both faster and more energy-efficient. Although XRP has faced legal and regulatory challenges, especially in the U.S. where the SEC has raised questions about its status, it has remained one of the top cryptocurrencies. Its strong focus on real-world payments continues to give it an important role in shaping the future of global money transfers.

TLDR

• CEO Christopher Inks says XRP is at a decisive stage in its recovery.
• The token has regained strength after climbing back above its monthly pivot at $2.962.
• Inks points to $3.38 as the critical resistance level XRP must break to confirm the correction is over.
• A close above $3.38 could mark the start of a stronger bullish trend.
• Experts are also tracking Fibonacci levels as possible breakout zones for XRP.

The asset recently bounced back from a dip to $2.70, moving past the $3 level but traders remain cautious. Analysts continue to watch these price points closely to determine if XRP’s recovery is sustainable.

XRP Approaches Key Resistance at $3.38, According to TWC’s CEO

XRP is facing a crucial test at the $3.38 level according to Christopher Inks, CEO of TWC. After rebounding from a recent dip to $2.70 and reclaiming its monthly pivot at $2.962, the cryptocurrency has moved back above $3 showing early signs of recovery. Inks highlights $3.38 as the key resistance point that could confirm the end of XRP’s correction phase. A close above this level may signal the start of a stronger bullish trend, while analysts are also monitoring Fibonacci levels for further breakout opportunities. However, if XRP fails to clear this resistance, it may remain stuck in its consolidation range, leaving traders uncertain about its next direction.

• CEO Christopher Inks says XRP is at a crucial turning point.
• XRP reclaimed its monthly pivot at $2.962 after a dip to $2.70.
• $3.38 is identified as the key resistance level to end the correction.
• A close above $3.38 could confirm the start of a bullish trend.
• Analysts are watching Fibonacci levels for further breakout signs.
• Failure to break $3.38 may keep XRP in consolidation near $2.70–$3.30.

XRP Gains Momentum as Analysts Watch for Breakout

Momentum is steadily building for XRP as the cryptocurrency gains strength following its recent rebound, sparking renewed optimism among traders and market watchers. Analysts highlight that XRP’s ability to reclaim key levels including its monthly pivot has added to bullish sentiment with many now focusing on the critical resistance point at $3.38 as the next big test. A decisive move above this level could signal the end of XRP’s correction phase and open the door for a sustained rally with higher targets such as $3.66, $3.94 and even $4.42 being discussed.

At the same time, analysts are carefully monitoring Fibonacci levels which could serve as important breakout zones if momentum continues to build. While the cryptocurrency has managed to recover from its dip to around $2.70 and trade consistently above $3, uncertainty remains, as failure to clear resistance may keep it consolidating within its current range. This mix of cautious optimism and technical focus has kept XRP at the center of attention as traders look for confirmation of whether it can transform short-term momentum into a longer-lasting bullish trend.

XRP Price Eyes $4.50 as Traders Monitor Key Levels

XRP is gaining attention as it pushes higher with analysts highlighting key levels to watch on its path toward the $4.50 target. The cryptocurrency has already reclaimed important support zones after bouncing back from recent lows and momentum continues to build. Traders are closely watching the resistance at $3.38 which is seen as the first major hurdle to confirm a bullish breakout. Beyond that, levels around $3.66, $3.94, and $4.27 are being tracked as potential checkpoints before XRP can make a run toward $4.50. Holding above these levels will be crucial in sustaining momentum and avoiding a pullback into consolidation.

• XRP is showing strength as it moves toward the $4.50 target.
• First key resistance level: $3.38 (critical breakout point).
• Next levels to watch: $3.66, $3.94, and $4.27.
• Clearing these resistances could pave the way to $4.50.
• Sustaining support above these levels will be vital to maintain momentum.

Conclusion

XRP’s challenge at the $3.38 resistance level is a key moment for its recent price movement, with TWC CEO Christopher Inks highlighting it as an important test for the cryptocurrency recovery. If XRP breaks and stays above $3.38 it could end its correction phase and start a stronger upward trend with potential targets at $3.66, $3.94, and even $4.42. This would likely boost market confidence and create new support levels to keep the momentum going. On the other hand, if XRP fails to pass this level, it could stay stuck between $2.70 and the low $3s causing uncertainty for traders. The $3.38 level is not just a technical barrier it’s a psychological test that could decide whether XRP moves into a new growth phase or remains in its current consolidation.