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Cryptocurrency News Articles
XRP at a Crossroads: Key Levels Could Define the Next Big Move
May 10, 2025 at 07:15 pm

output: is approaching 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 on Twitter, highlighting that XRP is currently battling with a macro descending trendline. According to his post, XRP must close above the $2.41-$2.45 zone to fibs to chart strength and invalidate a bearish trajectory.
"Still battling with MACRO TRENDLINE (implied strength with all the cleansers). Needs to close above $2.41-$2.45 to fibs to chart strength and CANCEL BEAR. Otherwise, still deeper to get to BEARISH COMPLETION."
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.
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.
The post Key Levels Could Decide the Next Big Move for XRP as It Faces Critical Technical Moment appeared first on .
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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