Can XRP Keep Climbing After Hitting the $3 Mark?

XRP recently reached $3 but experienced a slight pullback to $2.95 after a 26% increase. The $3 level is significant because many investors purchased XRP around that price in 2017 and may now be looking to sell. This potential sell-off could make it difficult for XRP to surpass its all-time high of $3.40. However, the current market differs from 2018 due to the presence of institutional investors through ETFs, providing stronger support. If Bitcoin continues its upward trend, XRP could potentially break through resistance levels and reach new highs, possibly exceeding $3.40.