How stability in crypto market could spark XRP price rally to $3
- XRP price gradually extends gains as the cryptocurrency market holds steady.
- XRP holds above critical support at $2.22, strengthened by the 100-day EMA.
- A breakout from the descending channel could spark significant bullish momentum, potentially driving a rally past $3.
- The surge in long-position liquidations while Open Interest remains unchanged signals declining interest and a potential pullback.
Ripple (XRP) price consolidates gains at the time of writing on Tuesday, following three consecutive daily green candles. Trading at $2.26, XRP is down over 1% on the day, mirroring the stability in the broader crypto market.
Bitcoin (BTC) remains above $94,000, with its uptrend driven by surging spot BTC Exchange-Traded…
