Crypto Proponent: Won’t Take Long for XRP to be Above $3 Again

Edo Farina, a well-known crypto advocate and dedicated supporter of XRP, recently shared a confident outlook on X, stating, “Won’t take long for $XRP to be above $3 again.” His comment reflects the growing optimism in the XRP community, especially after the digital asset recently reclaimed the $3 level, only to dip slightly below it in what many analysts consider a healthy retest before the next leg upward.

As of now, XRP is trading around $2.96, having pulled back modestly from a recent high near $3. This slight correction comes after a strong intraday rally, with price action swinging from lows of $2.85 to nearly $2.99. Despite the pullback, sentiment remains bullish, and market momentum suggests that another attempt to push above $3 may arrive sooner than expected.

XRP Tests Resistance After Reclaiming $3 XRP’s brief move above the $3 mark marked a significant milestone, reawakening investor interest and triggering renewed speculation about an extended breakout.

Analysts emphasize that this level now serves as both a psychological and technical barrier.

With XRP quickly approaching it again, a confirmed close above $3 could usher in the next bullish phase.

Won’t take long for $XRP to be above $3 again. — EDO FARINA 🅧 XRP (@edward_farina) July 16, 2025 The recent bounce was supported by rising trading volumes and increasing buying pressure, signaling strength among bulls.

As XRP consolidates just below resistance, many believe it’s building energy for a sustainable surge.

Institutional Tailwinds and Whale Accumulation A major catalyst supporting this bullish outlook is the upcoming launch of ProShares’ XRP futures ETF, set to go live on July 18. As the first XRP-related ETF to gain approval from the SEC, it’s expected to inject a wave of institutional capital into the XRP ecosystem.

Meanwhile, on-chain data has shown an uptick in large investor activity.

A multi-million XRP transfer into Coinbase was recorded just days before the ETF announcement, suggesting strategic positioning by whales.

Additionally, the number of XRP wallets holding over 1 million tokens has reached a new high, underscoring growing long-term confidence.

We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Analysts Forecast a Move Beyond $3 Market analysts remain optimistic about XRP’s trajectory.

Some have identified bullish technical formations, including symmetrical triangle breakouts and a rare “fulcrum” pattern, which historically precede large moves.

Forecasts range from initial targets around $3.40 to extended projections near $4.80, depending on market momentum.

Veteran trader Peter Brandt has also weighed in, pointing to conditions that could support a rapid price advance if XRP clears the $3 threshold with conviction.

Farina’s Confidence and the Broader Narrative Edo Farina’s remarks echo his longstanding belief that XRP remains significantly undervalued.

Earlier this year, he warned that selling around $3 could be one of the worst financial mistakes an investor could make, citing constrained future supply and the prospect of institutional adoption.

His recent post reinforces that view, suggesting the pullback is only temporary and that a breakout is imminent.

For many XRP holders, Farina’s confidence is more than sentiment; it aligns with the evolving fundamentals and macro developments now supporting the asset.

Final Outlook Though XRP has briefly slipped below $3 after reclaiming it, the retracement is widely seen as a consolidation phase rather than a reversal.

With ETF-driven momentum building, growing whale accumulation, and bullish technicals converging, the market appears primed for another push.

Farina’s words may soon prove prophetic: it may not take long for XRP to rise, and stay, above $3. Disclaimer : This content is meant to inform and should not be considered financial advice.

The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion.

Readers are urged to do in-depth research before making any investment decisions.

Any action taken by the reader is strictly at their own risk.

Times Tabloid is not responsible for any financial losses.

Follow us on Twitter , Facebook , Telegram , and Google News The post Crypto Proponent: Won’t Take Long for XRP to be Above $3 Again appeared first on Times Tabloid ..

Neueste Nachrichten