Analyst Egrag suggests that XRP's ability to hold the $2.75 level, similar to its historical $0.75 resistance, is crucial for a potential rally to $3.75 and higher.
XRP is currently trading at $2.43, facing a resistance of $2.75 for a 13.2% price rally. A successful breakout could lead to surpassing $3.75 and reaching all-time highs.
However, downside risks remain, with key support levels at risk. Failure to hold support may push XRP down to bearish targets of $2.07 or even lower to $1.63.
Separately, crypto analyst CRYPTOWZRD predicts a bullish scenario for XRP, with a potential rally to $4 and further climb to $8, based on the token's past price action.