As the US President Donald Trump’s tariff war continued to shake the market, XRP (XRP) has decreased by about 35 percent over the last 30 days.
The XRP price remains at least $ 2.00 at the time of writing. Some analysts emphasize the importance of reclaiming $ 2.20 for sustainable recovery.
XRP prices are traded above potential reversal levels
EGRAG CRYPTO, an encryption market analyst, emphasizes that XRP is traded beyond the main support zone in the daily chart as shown in the chart below.
According to the analyst, the price has dropped to the level below $ 4 to 5 (the blue zone below) since December 2024.
“This is a strong signal that indicates that a purchase order is accumulated in this important area.”
The analysts are more likely to “finalist” when assets resume support levels several times.
According to EGRAG Crypt, the main levels to watch at the rising point are $ 2.20, $ 2.60, $ 2.80 and $ 3.10.
“Finally, rest and retention of more than $ 3.4 will make a big change!”
XRP/USD Maeil Daily Chart. source: egrag crypto
But the investor says that if $ 2.20 is not held, the analyst must know the potential failure.
EGRAG Crypto added that the EMA on the 21st produced “Bear Rishi Cross with 100 SMA”.
“This crossover can cause a downward pressure on XRP.”
Dark Defender, a clear analyst, shared similar emotions and said that the main support for XRP is from $ 1.88 to $ 1.91.
Analysts believe that the XRP price will rebound here before the price of $ 3.00 in the short term.
“The first wave to be $ 3, our goal is from $ 5 to $ 8 with 3-5.”
source: Dark defender
The seller is followed by an increase in XRP.
According to data from COINTELELEGRAPH Markets Pro and TradingView, the relative strength index (RSI) of less than 30 in the short period of time and long -term frame chart shows “advertising” conditions in a short period of time and long -term frame charts.
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The RSI heat map of CoingLass shows the RSI of XRP at 29, 28.7 and 29.8 in 4 hours, 12 hours and daily time.
XRP/USD 4 hours chart. Source: COINTELEGRAPH/TradingView
Occupic acid RSI suggests that assets are undervalued and the seller is exhausted. As a result, the trader takes a signal for purchasing and loading the dip to lead the price to integrate or rebound the price.
In the case of XRP, the price has risen for four hours, as shown in the chart above, with a higher lowest and highest.
Therefore, the short -term upward goal is about $ 2.20, but supporting this level is important for Bulls to move forward.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.