Will XRP Price Rebound? Analytics Company Shares Most Important Resistance and Support Levels
Will the XRP price, which has been on the agenda with its recent attacks, gain momentum again? What are the important levels?
Cryptocurrency analytics firm MakroVision has released its latest assessment of XRP, identifying key resistance and support levels as the asset attempts to regain bullish momentum.
After a sharp sell-off, XRP has recovered rapidly and is currently trading just above $2.40. However, MakroVision warns that XRP needs to break through critical resistance zones for the trend to reverse sustainably:
- $2.65: A strong resistance level that needs to be reclaimed. A break above this level could be the first bullish signal.
- $2.80: This is a significant breakout level, in line with the red trendline. A successful move above could open the way to $3.06.
According to the analytics firm, if XRP fails to break the resistance, it could retest lower support zones:
- $2.27 (0.5 Fibonacci retracement): The price has already reacted to this level, which holds the position as a key near-term support.
- $2.10 (0.618 Fibonacci retracement): If there are further declines, this area could act as a strong base.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cardano Faces a Unique ‘Problem’—Top Insider Explains Why

Trader Loses $111K on $POPE in 5 Minutes
A FOMO-driven $POPE trade cost one investor $111K in just 5 minutes after a steep price drop.FOMO Trading Leads to a Costly $111K MistakeHow FOMO Can Wreck Crypto PortfoliosLessons for Retail Crypto Traders

USDT Dominance Signals Potential Altcoin Rally
A bearish USDT dominance pattern mirrors October 2024, hinting at a possible altcoin surge.Is History Repeating? USDT Dominance Mirrors October 2024RSI Breakdown Suggests Weakening USDT GripBearish Pattern: Ascending Broadening Wedge

$1500 into $90K? FINAL100 Fuels BTFD’s Frenzy Among the Best Cryptos for Beginners as Gigachad and SPX6900 Build Legacy
BTFD Coin’s FINAL100 bonus is sending shockwaves through the best cryptos for beginners, offering a shot at turning $1500 into $90K, while Gigachad and SPX6900 hold their ground.BTFD Coin (BTFD) – The Bulls Are Charging, Are You In?Gigachad (GIGA) – The Meme Masculinity MovementSPX6900 (SPX) – Wall Street Memes Meet Crypto ManiaFINAL100 Bonus: Double Down Before May 26Conclusion: Grab Your Dip Before It Vanishes

Trending news
MoreCrypto prices
More








