XRP Steadies at $3, Gears Up for $3.50 Breakout Amid Bold U.S. Payroll Power Play

XRP’s Bullish Otutlook Still in Play Market analyst Lingrid offers a compelling take on XRP’s technical positioning. She observes that, “XRP is stabilizing after a pullback from the recent surge, with consolidation forming near the psychological 3.00 level. Price is respecting diagonal support and forming a bullish falling wedge just below the previous breakout zone. A breakout above 3.05 could initiate the next rally toward the 3.40 target zone.” She added that the structure signals a classic continuation pattern, primed for a bullish breakout. Technical Setup & Market Structure According to Lingrid’s view, XRP is currently nestled in a bullish falling wedge pattern, a well-known reversal structure signaling weakening selling pressure and increasing buyer interest. The price action shows repeated tests of diagonal support, forming tighter compression just under the previous breakout band, hinting at an impending shift in momentum. Lingrid emphasizes the significance of the $3.00 psychological level , which has held firm despite recent pullbacks. This stable zone is critical for maintaining the integrity of the wedge formation. Traders are positioning watchfully, with the $3.05 breakout level as a key trigger for likely upside continuation. What’s Next: A Breakout Toward $3.40? Lingrid projects that a successful breakout above $3.05 particularly with volume support could launch XRP into a rally targeting $3.40. That would represent roughly a 13% move from $3.00, aligning with technical projections and recent trend strength. The zone near $3.40 has previously acted as resistance, which if cleared, could pave the way for higher price discovery. Such a scenario becomes even more plausible when considering broader momentum. Upcoming catalysts, including ETF approval chatter, Ripple’s institutional uptake, and macroeconomic easing could provide the fuel to lift XRP beyond this resistance band. The Case for XRP as Payroll Leader on American Soil Prominent crypto expert and analyst Luis Delgado, aka Del Crxpto, boldly predicts XRP will soon become the leading crypto for employee income distribution in the U.S. Citing rising adoption, favorable regulatory shifts, and evolving payroll infrastructure, he sees XRP at the forefront of on-chain compensation. Del Crxpto highlights XRP’s technical strengths, such as its high transaction throughput, minimal fees, and lightning-fast settlement times, as core enablers for payroll functionality. These characteristics make XRP well suited for real‑time wage disbursements, especially compared to slower or more expensive chains. Importantly, his projection aligns with the recent surge in institutional and governmental interest in crypto infrastructure. Notably, the U.S. Securities and Exchange Commission (SEC) launched Project Crypto, aimed at shifting U.S. financial markets onto on-chain architectures and this initiative includes frameworks for tokenized payroll and crypto custody. The White House also issued a comprehensive crypto policy report, and Congress recently enacted landmark stablecoin legislation, all signaling growing openness to digital assets like XRP. Where XRP Payroll is Already Gaining Traction While still nascent at scale, XRP-based payroll is gaining real-world footholds. Platforms such as Coinbase enable employees to convert their salaries into XRP instantly. Payroll services like Deel and Bitwage already support crypto payouts domestically and globally with XRP included. Del Crxpto argues that these early use cases, especially among freelancers, remote workers, and tech companies, set the stage for broader corporate adoption. Conclusion Del Crxpto’s prediction rests on tangible momentum in payroll services, infrastructure, and regulatory reforms. XRP’s unique blend of speed, low cost, U.S.-based development, and growing compatibility with employee paycheck platforms positions it at the forefront of a potential shift toward crypto salaries. On the other hand, Lingrid’s technical thesis that XRP is stabilizing after a retracement, forming a bullish falling wedge just below its breakout zone is being reinforced by current price action and accumulation behavior. With consolidation taking place near the $3.00 psychological level and a potential breakout above $3.05, XRP looks primed to challenge $3.40, possibly higher if broader sentiment and legal clarity align.