XRP Eyes $3 Rally as March Nears Close: Will History Repeat Itself?

XRP is showing bullish potential as March nears its end, with analysts eyeing a possible surge to $3. Historically, XRP has averaged a 19.2% growth rate in March over the past 11 years, and it currently sits at an 11.6% increase this month, according to CryptoRank. To match its historical average, the coin would need to rise approximately 8% in the final trading days.

XRP has closed March in the green for the past four consecutive years, including a notable 43% gain in 2023. If the current trend holds, a significant boost could be on the horizon. XRP is currently trading at $2.39, up 0.11% in the last 24 hours, though trading volume has dipped by over 40% to $2.5 billion—largely due to investor caution.

Positive sentiment is being driven by recent developments in Ripple’s favor, particularly the SEC dropping its appeal in the ongoing lawsuit. This has reduced regulatory uncertainty, opening doors for potential institutional investment. Anticipation around possible XRP ETF approvals is also adding momentum to long-term investor interest.

Technically, XRP is flashing bullish signals, notably a golden cross pattern where the 23-day moving average has crossed above the 50-day. This trend often suggests a sustained upward movement.

Despite recent market pullbacks, XRP has remained resilient and continues to hold its ground. With strong technicals, improved regulatory outlook, and historical momentum backing it, XRP may yet close March on a high—potentially hitting the $3 mark if bullish conditions persist.