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Cryptocurrency News Articles

XRP Must Hold Key Support at $2.50 to Sustain Bullish Momentum

May 13, 2025 at 04:00 pm

XRP Must Hold Key Support at $2.50 to Sustain Bullish Momentum

EGRAG CRYPTO, a crypto analyst known for his earlier prediction of a $2.65 breakout for XRP, has now confirmed that the breakout has occurred.

According to his latest technical analysis, $2.50 is now a critical support level (the “yellow edge”) that XRP must maintain to avoid losing bullish momentum.

A failure to stay above $2.50 could see XRP drop toward $2.42. However, the ultimate line of defense lies at $2.20, which must hold as the macro support zone. Breaching that level could invalidate the current bullish structure.

EGRAG previously highlighted $2.65 as a potential confirmation zone for the breakout, which he predicted on May 10th.

“If we can’t hold $2.42, then $2.20 must hold to keep the structure intact,” he emphasized, highlighting that these levels will be crucial in deciding whether XRP continues its ascent or faces downward pressure.

Original source:coindoo

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Other articles published on Aug 05, 2025