【XRP on the brink, is it takeoff or downfall? Key market point has been triggered!】
XRP is currently walking a tightrope — the price is running above the key support range of $2.30 to $2.34. Once it breaks below, it will quickly slide down to the $2.10 area; but as long as it holds, there is hope to reignite the bullish sentiment and challenge the key resistance at $2.61!
From a structural perspective, although there is short-term pressure, XRP's overall pattern still maintains a strong trend of 'higher highs and higher lows'. Sideways fluctuations and short-term pullbacks are a true reflection of the main force accumulating positions and the market building momentum.
In the short term, two paths unfold:
Strong Path: If the bulls hold above $2.30, XRP is expected to rebound quickly, testing the resistance at $2.48 to $2.61. Once it breaks through, it will trigger a new round of upward movement;
Cautious Path: If it falls below $2.30, the price may retest the $2.10 area, completing a technical correction before looking for an opportunity to build a base for a rebound.
But don’t forget, Bitcoin has already stepped over the $110,000 mark! As a barometer of altcoin markets, Bitcoin's strong breakout is releasing a wave of 'catch-up signals'. Whether XRP becomes the next breakout point depends on whether the bulls can act in time!
XRP is at a 'critical point' — breakout means a surge, while a drop means a correction. If not monitoring the market now, when else?
