Saad Ullah
XRP bounced from $2.96 to $3.214 after defending crucial support, reigniting hopes for a push toward the $4 resistance level.
XRP just showed it's not going down without a fight. After three brutal days that dragged it down to $2.96, the crypto bounced back hard, hitting $3.214 on Saturday. That's exactly the kind of move that gets traders excited about hitting $4 again.
Last week was rough for XRP – down over 6.56% with most damage coming from Thursday's liquidation bloodbath. That disaster wiped out more than $105 million in XRP long positions, making it the second-biggest altcoin massacre during a $735 million crypto market crash.
Everyone was bracing for things to get way worse if $3 broke. But XRP held that line and bounced back above $3.20, which tells you the bulls aren't ready to throw in the towel yet.
XRP (Ripple) Defending the Line at $3
The whole mess started when XRP peaked at $3.55 and couldn't hold it together. It had been chilling around $3.666 for days, then the bears showed up and ruined the party. Short-term holders started taking profits, and down we went to $2.96.
But here's what matters – that $2.96 level is acting like solid support. If this rally keeps building, we might see another shot at breaking $3.66. And if that happens, $4 suddenly looks realistic again. Bulls could even push for $4.50 if momentum really kicks in.
The flip side? If XRP actually breaks and closes below $2.96, we're probably looking at a drop to $2.60. That's the risk everyone's watching.
XRP (Ripple) Getting Love Despite Recent Chaos
Here's what's interesting – people are getting excited about XRP again even after this week's carnage. There's this whole ETF optimism thing building around the coin that's got investors paying attention.
The bounce from $2.96 wasn't some weak attempt either. There was real buying pressure there, probably from whales or institutions who see value at these levels. When you get that kind of defense at support, it usually means someone with serious money believes in the upside.
Right now, everything hinges on staying above $3.20. That's the level that needs to hold if we're going to see any real attempt at $4. And $4 isn't just some random number – it's one of those psychological barriers that can be tough to crack in crypto.
The game plan is pretty straightforward: hold $3.20, break $3.66, then make a run at $4. But if we get rejected here and fall back toward $2.96, that's when things could get ugly again. For now though, XRP holders have to be feeling better than they did a few days ago when everything looked like it was falling apart.
Saad Ullah
