XRP Faces 30% Nosedive if This Support Level Cracks
Ripple’s token teeters on the edge—a breakdown here could send holders into panic mode.
Critical support falters? Expect a freefall straight out of a crypto trader’s nightmare.
Another day, another ’stable’ asset proving Wall Street’s risk models are just expensive guesswork.
XRP is holding steady above a, signalingdespite the broader market correction. However, thecontinues to weigh on investor sentiment and casts doubt on an immediate breakout.
XRP Price Analysis
Crypto analystrecently pointed out on X that XRP has successfully bounced off theand reclaimed the, showing signs of bullish momentum. However, he also noted that, a key signal for confirming a trend reversal.
“XRP is holding $2.25 and building structure, but needs a breakout above $2.69 to confirm a bullish trend,” – CasiTrades
When Will XRP Price Go Up?
Technical analysis shows that, a level it has failed to break several times. On, XRP reached $2.65 but fell short, and on, another attempt was met with heavy selling pressure. Between May 14–17, the price, highlighting ongoing market uncertainty.
As long as XRP trades below, analysts warn that a.
What Next For Ripple (XRP)?
According to CasiTrades, XRP is currently in a, which typically signalsas the market builds structure. This phase suggests a potential setup for a strong move—.
In the past 24 hours, XRP posted a, with a daily close at, after briefly pushing above a. However, at the time of writing, XRP isthat level again.
Key Levels to Watch
- Support: $2.25
- Short-term Resistance: $2.375
- Major Resistance: $2.69
- Downside Risk: $1.50
The analyst emphasized that holding aboveis crucial for any continued upside. A breakdown below this level could trigger another—and possibly lower.
XRP’s price action remains at a critical juncture. While, the lack of a breakout above $2.69 continues to limit upside potential. If momentum builds, XRP could target a new high—but if support fails, traders should be prepared for a dip toward $1.50.
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