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Ripples (XRP) Road to $3.40: Can It Break Through the Critical $3 Resistance?

Ripples (XRP) Road to $3.40: Can It Break Through the Critical $3 Resistance?
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Ripple (XRP) started the year impressively at $3.31 before a harsh decline to $2.32. Despite mounting several retests toward that high, the $3 resistance level remains a significant challenge.  With the current downturn seemingly nearing its end, experts expect XRP to finally set a new record high at $3.40. Can it break through the $3 resistance level, or is another correction on the way?

XRP Price Prediction: Breaking $3 Resistance Remains an Uphill Battle

Following a strong sell-off, XRP is trading at $2.47, falling 4.4% in the past 24 hours. With $2.75 and $3.0 as the main resistance to further upward movement, the token has sought to recover important resistance levels. Technical analysts caution that failing to maintain momentum above these thresholds can cause a protracted stretch of consolidation. Egrag Crypto, a cryptocurrency analyst, recently noted that XRP formed an M-pattern at $1.77, indicating a likely drop to $2.21. He added that market makers manipulate liquidity and price fluctuations, making technical patterns unreliable. Grayscale's XRP ETF proposal, which the SEC is reviewing, has driven XRP's recent spike. With billions in institutional capital unlocked, this action has inspired hope that XRP might follow in the footsteps of Bitcoin and Ethereum ETFs. Despite this, market makers have contributed to increased volatility. According to CoinGlass statistics, over $1.07 million in XRP positions were liquidated within an hour, with $596,580 coming from long traders and $476,140 from shorts. This large liquidation volume indicates significant speculation and uncertainty about XRP's next move.

XRP Price Chart (24-Hour), Feb. 24, 2025 | Source: CoinGecko

Adding to the buzz, Ripple recently traded 390 million XRP worth over $1 billion, generating rumors about a significant institutional deal or strategic liquidity action. Although big transactions like these usually cause price declines, XRP has drawn continuous strong trading activity, climbing 47.39% to $8.05 billion in 24 hours. Despite its current bullish momentum, a short-term break of $3.40 seems doubtful. Cardano's market capitalization is $27.5 billion, which strengthens competition for capital inflows. If XRP fails to exceed $3 in the following months, investors may have to wait until after to see a full breakout to all-time highs.

Rexas Finance (RXS): Next Token to Watch in 2025

While XRP faces significant resistance, Rexas Finance (RXS) is emerging as a high-growth altcoin in a completely different industry: real-world asset (RWA) tokenization. Enabling investors to tokenize assets such as real estate, commodities, and rare collectibles brings a trillion-dollar industry to the blockchain. The RWA tokenization sector is still in its infancy. Thus, ventures like Rexas Finance have the potential to grow significantly as acceptance develops. Investors no longer need millions of dollars to invest in assets. For example, thanks to blockchain-powered tokenization, an investor can buy a fractionalized part of a rare $3 million antique in the United States from their own house for only $600.

Rexas Finance introduces tokenization, DeFi, AI security, and multi-chain interoperability, positioning it as one of the most advanced blockchain ecosystems by 2025. The Rexas Token Builder and QuickMint Bot enable users to build and deploy digital assets immediately, and the Rexas Launchpad provides early-stage funding for blockchain enterprises. Rexas DeFi is another crucial aspect of its ecosystem. Its staking and yield farming features ensure RXS holders earn passive revenue. Meanwhile, Rexas AI Shield automates smart contract audits and removes illicit activities, ensuring users' safety. The platform has also undergone a Certik audit, asserting its security sagacity. The ongoing RXS presale is almost finished, with 90% of Stage 12 (Final Stage) sold out as of this writing. Since its inception in September 2024, the token has risen 566% from its Stage 1 price of $0.03 to $0.20, raising $46.6 million from 453 million token sales. Unlike many new projects, Rexas Finance declined VC funding, preventing early investor sell-offs and maintaining long-term price stability.

Tokenomics is also important to RXS's long-term growth. Thanks to its well-capped supply and deflationary model, Rexas Finance is geared toward long-term appreciation rather than dilution. The token's burning process ensures scarcity grows over time, driving additional price appreciation. The most important stimulus for Rexas Finance is its forthcoming exchange debut on June 19, 2025, when it will be listed on at least three of the top ten global exchanges for $0.25 per token. According to analysts, great liquidity and significant investor interest might propel RXS to a 20,000% increase in the next months, making it one of the most promising altcoins this year.

XRP Faces Resistance; RXS Has Unlimited Upside

With market makers, ETF speculating, and institutional demand influencing XRP's price behavior, the journey to $3.40 is yet unknown. Although Ripple's foundations are still robust, given the competitive nature of the altcoin market, breaching any major resistance in the near term may prove challenging. Meanwhile, Rexas Finance is quickly gaining momentum in the thriving real-world asset tokenization industry. Thanks to a unique use case, major exchange listings, and a deflationary token mechanism that positions it for exponential development, analysts are forecasting a 20,000% post-launch rise. Thus, Rexas Finance is a must-have investment opportunity in 2025.

Secure your RXS tokens today before the presale ends and ride the next blockchain revolution.

For more information about Rexas Finance (RXS) visit the links below:

Website

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Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Read more: https://cryptodaily.co.uk/2025/03/ripples-xrp-road-to-340-can-it-break-through-the-critical-3-resistance

Text source: Crypto Daily™

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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