XRP Must Close Above This Level For A Bullish Break: Analyst

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XRP had a hard time gaining momentum, with its price taken in a downward trend since early March. Although XRP has managed to push In the last five days after reaching a hollow of $ 1.93 on March 11, he has not yet completely recover your losses in the first week of the month.

The analyst identifies $ 2.65 as the key level before XRP can challenge $ 3.00

Egrag Crypto, a longtime bullish defender from XRP, recently brought to the social media platform X Describe key price levels This could determine the next significant decision of cryptocurrency. He identified $ 2.65 as the first critical threshold that the medal must recover to support a significant bullish momentum. However, the analyst expressed his concern concerning the repeated XRP tests of lower limits, which refers to the recent bottom at $ 1.93.

According to the analyst, frequent reteestes of this level of support are a double -edged sword. While several resistance keys can possibly trigger a break, repeated support tests weaken its integrity, increasing the probability of a break. He compared this model to knock on a door that would eventually open or break. He highlighted six XRP instances Read this area Since December 2024 on a 12 -hour candle table, warning that prolonged weakness could open the way to a new drawback.

In order for the crypto to escape this cycle and transforms into Haussier territory, Egrag stressed the importance of firmness greater than $ 3.00, not just a brief exceeding. This level has served as a higher resistance trend line in the past two weeks and has been an obstacle to any sustained increase trend. Failure to break and maintain above $ 3.00 could cause continuous short-term correction and maintain XRP trapped in its current beach.

XRP must close above this level for a bullish break: analyst — Xrpusd is currently negotiated at $ 2.35. Chart: Tradingview

However, the analyst estimates that XRP’s chances of reaching $ 3.00, taking into account the current price action, are thin without obtaining a fence greater than $ 2.65.

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Picture From X: Egrag Crypto

What is the next step for XRP after $ 3?

March was particularly lower for XRP, the sellers keeping control because he failed to recover the lost ground. However, if the XRP bulls manage to close above $ 3 before the end of the month, this will open the door to the resumption of a price rally. In this spirit, Egrag set an initial objective of $ 4.80, placing XRP at new peaks of all time.

The analyst identifies $ 2.65 as the key level before XRP can challenge $ 3.00

Egrag Crypto, a longtime bullish defender from XRP, recently brought to the social media platform X Describe key price levels This could determine the next significant decision of cryptocurrency. He identified $ 2.65 as the first critical threshold that the medal must recover to support a significant bullish momentum. However, the analyst expressed his concern concerning the repeated XRP tests of lower limits, which refers to the recent bottom at $ 1.93.

According to the analyst, frequent reteestes of this level of support are a double -edged sword. While several resistance keys can possibly trigger a break, repeated support tests weaken its integrity, increasing the probability of a break. He compared this model to knock on a door that would eventually open or break. He highlighted six XRP instances Read this area Since December 2024 on a 12 -hour candle table, warning that prolonged weakness could open the way to a new drawback.

In order for the crypto to escape this cycle and transforms into Haussier territory, Egrag stressed the importance of firmness greater than $ 3.00, not just a brief exceeding. This level has served as a higher resistance trend line in the past two weeks and has been an obstacle to any sustained increase trend. Failure to break and maintain above $ 3.00 could cause continuous short-term correction and maintain XRP trapped in its current beach.

However, the analyst estimates that XRP’s chances of reaching $ 3.00, taking into account the current price action, are thin without obtaining a fence greater than $ 2.65.

Picture From X: Egrag Crypto

What is the next step for XRP after $ 3?

March was particularly lower for XRP, the sellers keeping control because he failed to recover the lost ground. However, if the XRP bulls manage to close above $ 3 before the end of the month, this will open the door to the resumption of a price rally. In this spirit, Egrag set an initial objective of $ 4.80, placing XRP at new peaks of all time.

The analyst identifies $ 2.65 as the key level before XRP can challenge $ 3.00

Egrag Crypto, a longtime bullish defender from XRP, recently brought to the social media platform X Describe key price levels This could determine the next significant decision of cryptocurrency. He identified $ 2.65 as the first critical threshold that the medal must recover to support a significant bullish momentum. However, the analyst expressed his concern concerning the repeated XRP tests of lower limits, which refers to the recent bottom at $ 1.93.

According to the analyst, frequent reteestes of this level of support are a double -edged sword. While several resistance keys can possibly trigger a break, repeated support tests weaken its integrity, increasing the probability of a break. He compared this model to knock on a door that would eventually open or break. He highlighted six XRP instances Read this area Since December 2024 on a 12 -hour candle table, warning that prolonged weakness could open the way to a new drawback.

In order for the crypto to escape this cycle and transforms into Haussier territory, Egrag stressed the importance of firmness greater than $ 3.00, not just a brief exceeding. This level has served as a higher resistance trend line in the past two weeks and has been an obstacle to any sustained increase trend. Failure to break and maintain above $ 3.00 could cause continuous short-term correction and maintain XRP trapped in its current beach.

However, the analyst estimates that XRP’s chances of reaching $ 3.00, taking into account the current price action, are thin without obtaining a fence greater than $ 2.65.

Picture From X: Egrag Crypto

What is the next step for XRP after $ 3?

March was particularly lower for XRP, the sellers keeping control because he failed to recover the lost ground. However, if the XRP bulls manage to close above $ 3 before the end of the month, this will open the door to the resumption of a price rally. In this spirit, Egrag set an initial objective of $ 4.80, placing XRP at new peaks of all time.

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