XRP price can still cross $ 3, but it needs to keep this level against bears star-news.press/wp

The last gathering of XRP was 2.30 dollars Followed by the cooling periodWith the price drop to $ 2.18 after slip without supporting $ 2.25. Although this withdrawal may cause concern, it comes against the background of a fixed week -old increase that acquired XRP from $ 1.93 in early last week to the resistance level of $ 2.33, which held a company in the past thirty days.

Crypto Analyst Casitrades shared an updated look with a scheme to show how the unification area can be tested between $ 2.18 and $ 2.16 can determine whether XRP His difficult momentum is returned to $ 3 Or it enters into a deeper reset.

2.16 dollars – $ 2.18 set the XRP region

According to Casitrades, which published it Technical analysis on The x social media platform, the last XRP re -test from 2.16 to $ 2.18 was not yet collapsed, but it represents a decisive moment. After reaching 2.30 dollars resistance, the price was not able to keep the support level of $ 2.25. Instead, withdraw again to re -test.

It is worth noting that this region was Previously the upper part of The main unification structure may indicate, and keep it above, that XRP is a simple filling structure after the outbreak. This is a very common pattern as the main resistance encryption price rejects the initial hacker, and the trend resumes if the momentum continues.

In the analyst’s point of view, the market needs to respect this range to confirm that XRP is still in a hacking position. The importance of this level is also in the graph that the analyst shares, as a height intersects with a high horizontal support at $ 2.1688 around the level of Fibonacci Fibonacci 0.382.

On the other hand, failure to keep will change the future view Greatly from a bullish perspective. The analyst also noticed, if Altcoin failed to seize $ 2.16, it may start a decline of about $ 1.90 and may nullify the upcoming upcoming preparation that was built during the past week.

The difference of RSI indicates a higher chance of apostasy

One of the early encouraging brands of the XRP jugs is In the RSI (RSI) IndexAnd that has been separated from the price. This is an excellent signal for the seller’s fatigue, which supports the analyst’s demand that the current step can be more than one crash from another to $ 1.90.

CASITRADES believes that XRP will be ready for the next extension wave if the bulls can defend a range of $ 2.16 to $ 2.18 and restore $ 2.25. Price goals at 2.69 dollars and $ 3.04, both depend on Fibonacci levels. The first resistance level is 2.3027 dollars about the extension of 0.618 Fibonacci. This price level is also a milestone to confirm the gathering power before the broader transition to 3 dollars and perhaps above.

Interestingly, that the prices of Altcoin during the past 12 hours I already saw him in restoring The upcoming difficulties after a liar decreased within the day 2.17 dollars. At the time of this report, XRP is trading at $ 2.27, an increase of 3.7 % over the past 24 hours. This indicates that buyers are already working at the heart of the price level of $ 2.25.

Distinctive image from Getty Images, Chart from TradingView.com

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