XRP Price Analysis: Clearing Key Resistance Levels Crucial for $3 Target

XRP's price has been struggling to keep pace with other major cryptocurrencies like Bitcoin and Ethereum. Despite continued demand for XRP-based exchange-traded funds (ETFs), the asset's price has lagged behind others in the market.

According to a recent analysis by EGRAG CRYPTO, XRP needs to clear several key resistance levels before it can make a stronger move towards $3. These levels include $1.30-$1.60 and $1.96, which if cleared would confirm that Wave 3 is underway.

The growth of tokenized real-world assets (RWAs) on the XRP Ledger has added another layer to the bullish case for XRP. The network's RWA value has grown sharply, with $4.06 billion now spread across 373 assets, compared to just $73 million in January 2025.