XRP is facing a critical technical moment as it hovers near major resistance levels, with analysts pointing to a pivotal price range that could determine whether bulls or bears take control in the coming weeks.
Crypto strategist EGRAG CRYPTO shared an in-depth chart analysis indicating that XRP is battling with a macro descending trendline. According to his post, XRP must close above the $2.41–$2.45 zone to confirm strength and invalidate a bearish trajectory.
Bearish Trap or Macro Noise?
The chart shows two possible paths: one bearish, leading XRP down toward the $1.20–$1.40 range (symbolized with a fishing hook and blue fish emoji), and one bullish, targeting a breakout to $3.10, and potentially up to $3.39, a key Fibonacci extension.
EGRAG was quick to caution followers that even a dip to deeper levels would be “just MACRO noise,” not a change in the underlying trend. He emphasized that short-term volatility shouldn’t distract from the long-term bullish structure, suggesting that only a close above $2.96 would truly signal the end of the bearish narrative.
Current Price Action
At the time of the tweet, XRP was trading around $2.38, just below the resistance zone. The outcome at this level could set the tone for the next major move, with traders closely watching for a decisive break or rejection.
Final Thoughts
EGRAG’s analysis adds to a growing sentiment that the crypto market is nearing major turning points across several top assets. For XRP holders, the next few days could be crucial. A confirmed breakout above $2.45 may trigger renewed bullish momentum, while failure could lead to a deeper retest before any sustained upside.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/xrp-at-a-crossroads-key-levels-could-define-the-next-big-move/