XRP Could Signal Breakout if It Closes Above $3.01–$3.40, Analysts Say

• XRP sits near $2.95; a daily close above $3.01 would verify bullish momentum.

• Liquidity clusters between $3.70–$4.00 could amplify upside via cascading liquidations.

• Momentum indicators (MACD, RSI, Stochastic RSI) are curling higher, suggesting buyer strength.

Meta description: XRP price nears $2.95 testing $3.01 resistance; watch $3.40 and $4.00 as breakout targets — read analysis and key levels. Stay informed with COINOTAG.

What is XRP’s current technical outlook?

XRP price is trading in a decisive zone around $2.94–$2.95. A daily close above $3.01 (the 33‑day SMA) would signal a potential end to the throwback phase and the start of renewed bullish momentum toward $3.40 and $4.00.

How do key moving averages and levels influence the XRP breakout scenario?

Analysts highlight three critical levels: $2.94 as the immediate decision point, the 33‑day simple moving average (~$3.01) as the first confirmation level, and the 55‑day SMA (~$3.07) as a higher-weight marker. Clearing these levels increases the probability of a sustained advance.

XRP trades near $2.95, testing critical resistance levels. Analysts eye $3.01–$3.40 as breakout signals, with $4.00 as target.

• XRP is working its way up towards $2.94 and analysts suggest a close above $3.01 could verify bullish momentum and end the current throwback phase.
• The liquidity clusters between $3.70–$4.00 could create significant cascading liquidations increasing upward momentum if XRP breaks above $3.07 key resistance.
• Additionally, momentum indicators like MACD, RSI and Stochastic RSI are increasing that suggest a possible increasing strength from buyers could create a breakout scenario.

XRP is trading near a critical zone, holding around $2.95. The market is watching whether price action secures momentum above key resistance levels or if the throwback phase extends further.

What are the key levels in the XRP throwback setup?

Analyst Egrag Crypto noted XRP sits at a decision point around $2.94. A daily close above this level would indicate returning buying pressure. Passing the 33‑day SMA near $3.01 would suggest the throwback is finishing and bulls may push higher.

The 55‑day SMA at $3.07 is an additional marker. A close above this region would strengthen the case that the September 1 low marked a bottom. Egrag further called $3.40 the “Go‑Go Signal,” which would open the door to a rally toward $4.00.

If XRP weakens in the $2.94–$3.00 zone, analysts warn the throwback could continue and the September 1 low may be retested. Currently, XRP shows a 1.05% decline over 24 hours but remains up 3.98% for the week.

Why does liquidity overhang matter for XRP?

Market commentator Armando highlighted a strong liquidity concentration between $3.70 and $4.00. This stacked liquidity can act as a magnet: if price accelerates toward it, cascading liquidations could magnify upward movement and speed a rally.

Armando also identified a bullish flag pattern on the daily chart. Narrowing consolidation that tests the pattern’s upper boundary often precedes continuation, suggesting XRP may be approaching a breakout stage.

How are indicators signaling momentum for XRP?

Momentum indicators are showing early shift signs. The MACD is curling higher, while RSI and Stochastic RSI are rebounding from oversold territory. If price confirms above $3.01, these readings would support the argument that buyers are gaining control.

Combined, technicals, liquidity structure, and pattern evidence place XRP at a decisive juncture. Price action around $2.94–$3.07 in the coming sessions will determine whether the throwback concludes or continues.

Frequently Asked Questions

What price level confirms an XRP breakout?

A daily close above $3.01 (33‑day SMA) is the first confirmation for a potential breakout; surpassing $3.07 (55‑day SMA) would add conviction toward targets at $3.40 and $4.00.

How could liquidity clusters affect XRP’s move?

Stacked liquidity in $3.70–$4.00 can trigger cascading liquidations that amplify upward momentum if price moves toward that zone, accelerating a rally once key resistances are cleared.

Key Takeaways

• Decision zone: $2.94–$3.07 is critical for determining throwback continuation or breakout.
• Confirmation levels: $3.01 (33‑day SMA) and $3.07 (55‑day SMA) are key validation points.
• Targets and triggers: $3.40 is the “Go‑Go” signal; $3.70–$4.00 liquidity cluster could fuel a move to $4.00.

Conclusion

XRP is positioned at a key technical crossroads. Front‑loaded indicators and moving averages suggest that a daily close above $3.01 would favor bulls and clear the path to $3.40 and $4.00. Traders should monitor $2.94–$3.07 for confirmation and manage risk accordingly. COINOTAG will update as new data and price action develop.