The XRP price is getting ready to surge to new highs as bulls attempt to hold a critical resistance level. Recently, the cryptocurrency experienced a major breakdown as market downside pressure increased. If it can break above its descending resistance, analysts believe it could bounce back above $3 soon.

XRP Price Set To Skyrocket Above $3

A Pseudonymous TradingView crypto analyst known as “MyCryptoParadise” has outlined XRP’s future price trajectory, predicting a surge toward $3.3 for the popular cryptocurrency. The analyst shared a chart outlining key support and resistance levels while evaluating potential breakout and pullback scenarios.

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In his price chart, the TradingView crypto expert highlighted that XRP is at a critical juncture, with bulls fighting to maintain momentum and hold onto a crucial resistance level after experiencing a sharp pullback from recent highs. XRP had triggered this massive price pump after hitting a major support zone between $2.00 and $1.95 — a level where buyers stepped in aggressively. However, the cryptocurrency failed to maintain its bullish momentum and experienced a pullback. 

Currently, XRP is holding above the critical support zone around $2.3 to $2.2. The TradingView analyst has asserted that XRP bulls must defend this support area to keep the cryptocurrency’s bullish setup active or risk a downturn. 

If buyers can maintain control and keep accumulating tokens around the support zone at $2.3 – $2.2 for the next few hours, the TradingView expert believes that XRP could see a major recovery back to previous highs around the $2.7 – $2.8 resistance zone. 

While the altcoin’s current structure suggests an impending breakout, its descending resistance trendline still poses a potential threat to its upside momentum. Previously, this descending resistance rejected multiple price rallies, acting as a major obstacle to XRP’s price growth. 

For XRP to confirm its bullish setup and initiate a significant breakout, the TradingView crypto analyst has suggested that it must close above the $2.85 level with substantial volume. If the cryptocurrency surpasses $2.85, the next major target could be $3.2 to $3.3 — a level where sellers are likely to step in aggressively. 

Overall, XRP’s fundamentals remain solid and possibly bullish. However, failing to clear the descending resistance could invalidate this setup and potentially lead to another rejection and a drop to new lows. 

Analyst Sets Seemingly Impossible Target For The Altcoin

While other market analysts share conservative price projections for XRP, one expert, known as ‘Steph is Crypto’ on X (formerly Twitter), has set a rather ambitious target for XRP. The analyst believes that XRP is gearing up for an explosive price rally to $30.

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Notably, XRP is currently trading below all-time highs at $2.56, meaning a surge to $30 would require a 1,100% increase in value. Considering the magnitude of this rally, the analyst’s prediction was met with skepticism from community members who suggested that such a scenario was seemingly impossible.

Featured image from Adobe Stock, chart from Tradingview.com

Sam Bankman-Fried interviewed Tucker Carlson from prison. The former FTX CEO still thinks declaring bankruptcy was a bad decision, and the exchange would have $93 billion in assets from his investments.

Bankman-Fried’s answers showed that many of his beliefs have remained the same since 2022, but it’s important to remember his biases.

Sam Bankman-Fried’s First Video Interview From Prison

Sam Bankman-Fried, the infamous FTX co-founder, is reappearing in the media despite his 25-year incarceration. Last month, he conducted his first interview from prison, angling for a pardon from President Trump.

Today, Bankman-Fried sat down with Tucker Carlson for a new video interview covering a wide range of topics.

This time, however, he didn’t mention the pardon. When Carlson asked Bankman-Fried why his extensive political contributions didn’t help him avoid prison in 2022, he responded by talking about his disillusionment with the Democratic Party.

This aligns with statements made in his previous interview.

“One factor that might be relevant is, in 2020, I was center-left, and I gave a lot to Biden’s campaign. I was optimistic. By 2022, I was giving to Republicans, privately, as much as Democrats. That started becoming known right around FTX’s collapse. That probably played a role,” he claimed.

Other than that change, however, many of his crypto-related beliefs appear unchanged since the FTX collapse in 2022. For example, Carlson asked Bankman-Fried whether crypto crimes were bigger 10 years ago, and he replied that they were smaller, citing the Silk Road.

When asked if he had any liquid assets, Bankman-Fried talked about roads not taken.

“The company I used to own, had nothing intervened, today would have about $15 billion of liabilities and about $93 billion of assets. There was enough money to pay everyone back in kind at the time. Plenty of interest left over, and tens of billions left for investors. But that’s not how it worked out. It’s been a colossal disaster,” Bankman-Fried stated.

In other words, he doesn’t seem to think that his actions at FTX were wrong or fraudulent. Similarly, the Silk Road achieved widespread notoriety, but its transactions amounted to less than $200 million.

Meanwhile, crypto scams in 2025 can steal that much in one day. In other words, it’s important to remember his biases, especially since he is removed from the scene.

Carlson grilled Bankman-Fried on a few other topics, like whether crypto scams were tarnishing the industry’s reputation. For the most part, they talked about other topics, such as celebrities incarcerated with him, using muffins as “prison money,” Bankman-Fried’s upcoming birthday, etc.

The FTX founder is still trying to appeal his conviction but acknowledged that it’s a long shot.

Onyxcoin (XCN) lost over 50% in February after a massive rally of nearly 2,000% between January 13 and January 26. Despite the ongoing decline, its recent indicators show mixed signals. RSI has stayed neutral for the past nine days, and ADX is pointing to a weakening downtrend.

XCN is currently trading between resistance at $0.017 and support at $0.0143, with EMA lines still reflecting a bearish trend. Whether the price moves higher or lower will depend on whether momentum returns or if selling pressure continues to push XCN toward lower support levels.

XCN RSI Has Been Neutral For 9 Days

Onyxcoin has an RSI of 43.2, down from its recent high of 68.9 on March 2.

Since yesterday, it has been fluctuating between 45 and 46, maintaining a neutral position without clear upward or downward momentum.

RSI, or the Relative Strength Index, is a momentum indicator that measures the speed and magnitude of price movements on a scale from 0 to 100.

Readings above 70 indicate overbought conditions, suggesting a potential pullback, while readings below 30 signal oversold conditions, which could precede a rebound.

With XCN’s RSI at 43.2, the asset remains in neutral territory, where it has been since February 25.

A move above 50 could indicate growing bullish momentum, while a drop toward 30 may signal increasing selling pressure.

Onyxcoin ADX Shows the Downtrend Is Losing Steam

XCN’s ADX is 16.8, down from 36.6 three days ago, indicating a steady decline in trend strength. This drop suggests weakening momentum, aligning with XCN’s recent downtrend over the past few days.

The Average Directional Index (ADX) measures the strength of a trend on a scale from 0 to 100.

Readings above 25 typically indicate a strong trend, while values below 20 suggest weak or nonexistent trend momentum. With XCN’s ADX at 16.8, the current downtrend lacks strong conviction, meaning further downside may be limited unless momentum picks up again.

If ADX continues to decline, XCN could move into a consolidation phase rather than a sustained downward move.

Onyxcoin Could Fall Below $0.014 Soon

After a historical surge in January, when XCN was one of the best-performing altcoins in the market, Onyxcoin’s price is now trading between resistance at $0.017 and support at $0.0143. Its EMA lines show a bearish trend as short-term EMAs remain below long-term ones.

If the ongoing downtrend continues, XCN could test the $0.0143 support level, and a break below that could push the price further down to $0.0134.

However, ADX indicates that the downtrend is weakening, which could open the door for a reversal.

If buying momentum returns, Onyxcoin could test resistance at $0.017, and a breakout above that level could send the price toward $0.022. A stronger recovery, similar to its momentum in January, could push XCN as high as $0.0264.