# Santiment Poll Implies XRP Might Surpass the $3 Threshold
Presently, XRP is valued at $2.50, yet the situation might improve.
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Subsequent to dipping beneath $2, XRP’s price swiftly recovered to approximately $2.50, and it appears more favorable compared to other market assets. Encouragingly, a majority of the crypto community also holds optimism regarding the asset’s positive trajectory and voted in Santiment’s poll in support of a rise to $3.
This optimism stems from the asset’s historical performance and the potential for fresh market impetus. Following a robust rebound from recent lows, XRP’s price has been stabilizing. As the base of prior downturns, the digital asset is presently maintaining above the crucial support level of $2.30. The resistance level of $2.70, along with the ultimate $3.00 target (which has demonstrated to be a challenging barrier to breach), remains the most significant impediment. Based on the chart, XRP is encountering difficulties in ascending, yet the 50-day moving average is functioning as direct resistance.
A successful conclusion above $2.70 would constitute a strong bullish indication that could pave the way for another endeavor at $3.00. If XRP can sustain momentum beyond this level, it could initiate a wider upward trend encompassing the $3.20 to $3.50 range. The fact that 25% of participants in the Santiment poll continue to believe a breakthrough above $3.00 is feasible signifies investor confidence. Toncoin (TON) Value Forecast for March 26th
To surmount this obstacle, substantial purchasing power and favorable market circumstances are essential. Should Bitcoin and the wider crypto sphere persist in demonstrating resilience, XRP might profit from revived attention. Conversely, should XRP falter in maintaining its position above $2.30, a more substantial retreat to $2.00 or potentially even $1.85 could be observed.
This would indicate that any prospective advance towards $3.00 is postponed as the upward drive diminishes. XRP persists in a crucial stabilization period, with $3.00 serving as both a technical and emotional challenge. To validate optimistic outlooks, the asset must decisively surpass $2.70, despite 25% of investors still anticipating an upward breakthrough. To ascertain whether XRP can ultimately sustain this long-anticipated price point, investors ought to meticulously observe volume spikes and overall market patterns.
