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XRP Bulls Rejoice: $2 Support Holds Strong in Critical Retest—What’s Next?

XRP Bulls Rejoice: $2 Support Holds Strong in Critical Retest—What’s Next?

Published:
2025-06-23 13:40:23
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XRP just flashed its strongest bullish signal in months—and traders are scrambling.

The $2 support level—a make-or-break zone since Q1—has weathered its first major retest. No fluke, no fakeout. Just pure price action confirmation that's got the crypto crowd buzzing.

Why this matters:

That $2 floor isn't just psychological. It's the launchpad for XRP's 2025 rally attempts. Hold here, and we're looking at a clean runway toward previous highs. Break it? Well... let's not ruin the mood.

Market whispers:

OTC desks report accumulation by Asian institutions while retail FOMO barely registers. Classic divergence—smart money moves first, tourists follow later (usually at the worst possible time).

One hedge fund trader quipped: 'Crypto's the only market where 'support' means 'please don't drop further' until it suddenly means 'look how well we held.'

Next resistance? Watch the $2.80 zone like a hawk. Clear that, and we're in ATH territory faster than a Bitcoin maximalist changes their thesis.

Updated XRP Analysis/EGRAG Crypto Here’s the Good News However, EGRAG highlighted that a close above $2.08 on the 12-hour timeframe, with further confirmations on higher timeframes, WOULD spur an upside run. According to him, the quick rebound would indicate that bulls are aggressively stepping in, a propellant for higher prices. Meanwhile, the analyst shared crucial breakout zones for XRP’s rebound. First, XRP would need to reclaim the $2.30 to $2.33 price zone, aligning with the upper trendline of an identified descending triangle. Further, EGRAG identified the $2.65 price mark as the “macro signaling level,” which a close above would spark a full bullish run. Interestingly, the analyst had earlier predicted a surge to unprecedented prices if XRP regained bullish momentum, forecasting prices of $13, $17, and $27. In the meantime, XRP trades at $2.00, down 2.37% in the past 24 hours.

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