April

when

would

Key takeaways:
<ul>
 <li>XRP price must break the $3 resistance level to clear a path to new all-time highs.</li>
 <li>Increasing futures open interest supports further upside potential for XRP.</li>
</ul>
XRP (<a href="https://cointelegraph.com/xrp-price-index" rel="noopener noreferrer nofollow">XRP</a>) price is down by 7.6% on Tuesday to an intraday low of $2.80 from a five-month high above $3 on Monday. Analysts say the key resistance level at $3 must be broken to clear the path to new all-time highs.&nbsp;
<h2 id="xrp-price-must-flip-3-into-support">XRP price must flip $3 into support&nbsp;</h2>
XRP’s 33% rally between July 8 and Tuesday was halted by resistance at $3. Bulls must now <a href="https://cointelegraph.com/news/xrp-price-must-break-this-key-level-to-reclaim-3" rel="noopener noreferrer nofollow">overcome the resistance at $3</a> to avoid a deeper correction.&nbsp;
Historically, rejection from $3 has always preceded a significant decline in XRP price. For example, the last time the XRP/USD pair ran into resistance at $3 in March was followed by a 46% drop in price to a <a href="https://cointelegraph.com/news/3-reasons-xrp-might-drop-1-60-march#:~:text=Declining%20spot%20and%20perp%20CVD,bottom%20near%20the%20%241.60%20range.&amp;text=The%20XRP%20daily%20chart%20registered,99%20days%20on%20March%2010." rel="noopener noreferrer nofollow">multimonth low of $1.61</a> reached on April 7.
<figure>
 <img src="https://s3.cointelegraph.com/uploads/2025-07/01980dd8-23b6-7990-8d20-412f451039f9" title="" alt="XRP price can see 'quick' run to new all-time highs if price breaks $3">
 <figcaption style="text-align: center;">
 XRP/USD four-hour chart. Source: Cointelegraph/<a href="https://www.tradingview.com/x/bQnx3NQi/" rel="noopener noreferrer nofollow" target="_blank">TradingView</a>
 </figcaption>
</figure>
If XRP breaks $3, the next stop could be new all-time highs, <a href="https://x.com/CasiTrades/status/1944783148623224895" rel="noopener noreferrer nofollow" target="_blank">said</a> crypto analyst CasiTrades in a Tuesday post on X.
According to the analyst, this level aligns with the macro 0.118 Fibonacci retracement from $3.40 and “reclaiming it would be another massive signal that Wave 3 is alive and accelerating.”&nbsp;
Related: <a href="https://cointelegraph.com/news/xrp-price-highly-rare-setup-60-percent-gain-past-3-dollars-veteran-trader" rel="noopener noreferrer nofollow">XRP price ‘highly rare’ setup eyes 60% gain past $3, veteran trader says</a>
CasiTrades said a breakout above $3, followed by a quick retest that confirms it as a new support, would see immediate continuation to $3.40 and beyond.
<blockquote>
 “Once $3.40 (ATH) breaks, it will likely shock people how quickly this runs. There’s not much in the way after that. Expect it to be incredibly fast and volatile! ”
</blockquote>
<figure>
 <img src="https://s3.cointelegraph.com/uploads/2025-07/01980dd8-2855-715b-b950-95c997c78ed3" title="" alt="XRP price can see 'quick' run to new all-time highs if price breaks $3">
 <figcaption style="text-align: center;">
 XRP/USD three-hour chart. Source: <a href="https://x.com/CasiTrades/status/1944783148623224895" rel="noopener noreferrer nofollow" target="_blank">CasiTrades</a>
 </figcaption>
</figure>
As Cointelegraph <a href="https://cointelegraph.com/news/price-predictions-7-14-spx-dxy-btc-eth-xrp-bnb-sol-doge-ada-hype" rel="noopener noreferrer nofollow">reported</a>, XRP price must break $3 to clear the path toward $3.40 and higher.
<h2 id="xrp-liquidation-heatmap-hints-at-3-04-3-14">XRP liquidation heatmap hints at $3.04-$3.14</h2>
The Binance <a href="https://www.coinglass.com/pro/futures/LiquidationHeatMap" rel="noopener noreferrer nofollow" target="_blank">XRP/USDT liquidation heatmap</a> reveals key liquidity zones where large liquidation events may occur. These levels often act as magnets, influencing price direction based on the amount of liquidity at a given level.
<figure>
 <img alt="XRP price can see 'quick' run to new all-time highs if price breaks $3" src="https://s3.cointelegraph.com/uploads/2025-07/01980dd9-8e3f-7b27-94e9-45b9cf361440" title="">
 <figcaption style="text-align: center;">
 XRP/USDT 24-hour liquidation heatmap (Binance). Source: CoinGlass
 </figcaption>
</figure>
A high concentration of liquidations is visible above $3.04, with the yellow area indicating a cluster of leveraged positions, suggesting that it’s a significant resistance level.
If the $3.04 level is broken, it could spark a liquidation squeeze, forcing short buyers to close positions and driving prices toward $3.14, the next major liquidity cluster.
The latest rise in XRP price was accompanied by an uptick in leveraged positions, with the aggregate <a href="https://cointelegraph.com/explained/what-is-open-interest-in-the-crypto-futures-market" rel="noopener noreferrer nofollow">open interest</a> (OI) reaching $8.11 billion, up 121% since June 23. This is 3% below the peak of $8.33 billion reached on Jan. 19.
<figure>
 <img src="https://s3.cointelegraph.com/uploads/2025-07/01980dd8-3055-7465-b153-999d6b75633e" title="" alt="XRP price can see 'quick' run to new all-time highs if price breaks $3">
 <figcaption style="text-align: center;">
 XRP futures aggregate open interest, SOL. Source: CoinGlass
 </figcaption>
</figure>
Despite the higher risk of liquidations in the event of a deeper XRP price correction, derivatives data points to further upside potential.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

XRP price can see 'quick' run to new all-time highs if price breaks $3

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