Ripple
$0.004518‘s mainnet asset, While the price of the altcoin shows signs of recovery on the last trading day of the week, analysts point out new resistance and support areas. 6.4 percent increase in the daily time frame XRP It is currently trading at $2.04.
According to Analysts, Overcoming the $2.10 Resistance is Critical
The technical outlook in the market shows that the $2.00–$2.10 range is forming a strong sell wall in the short term. According to CW data, XRP must remain above this band in order to continue its rise. Otherwise, the price may be under downward pressure again. CRYPTOWZRD also shared a similar opinion. The analyst stated that candle closings must be above the current range in order for the negative atmosphere to dissipate, otherwise the weak outlook will continue.
On the other hand, warnings are being made that sales may accelerate again if $ 2.08 cannot be regained permanently. If XRP remains above $2.10, the next target is seen as the main resistance line at $2.60. This threshold is short term bull trendIt is considered decisive in terms of confirmation of .
The First Line of Defense in a Bearish Scenario is at $1.75
On the other hand altcoinIf the price turns downwards, the $1.75 level stands out as the first strong support zone. Analyst Ali MartinezAccording to , approximately 1.8 billion XRPs have accumulated at this level, and this has made the region in question structurally critical. brought. However, if the price loses this threshold, it may pave the way for a deep correction up to $1.50, which is defined as the worst-case scenario on Crypto Tony’s chart.

TonyHe stated that if this possibility occurs, XRP will follow a horizontal course for a while before recovering to the $ 2 level again. Currently, XRP is priced down 10.2 percent on a weekly basis and 16.5 percent on a monthly scale, although it is positive on the daily time frame. It is still trading 45 percent below its all-time high reached in July.

