The currency $XRP is currently trading at an average of $2.94, with trades ranging between $2.90–$3.00 as a basic technical support level. If this support is broken, the price is likely to reach:
$2.65 according to Mitrade
$2.60 or lower to $2.47 (Fibonacci line 61.8%) according to Barchart
$2.00 and lower according to MyCryptoParadise analysis if the basic support is broken and the market enters a strong distribution phase.
The question now: What is the best 'safe and guaranteed' buying area before the potential momentum:
The initial area: between $2.65 – $2.80, where there is strong technical support, a Fibonacci level, and whale accumulation behavior.
The area most prepared for greater risk: between $2.45 – $2.60, in case of a predicted deep downward break, forming historical and technical support.
Potential Ascending Scenario After Interest Rate Cut in September:
According to Gemini's forecasts, if XRP surpasses the resistance area between $3.40–$3.65, it could head towards $5.00 by the end of 2025, and possibly even $11.50 in the case of a strong upward explosion.
Mitrade's analyses confirm that the target of $5 is still realistic as long as the decline remains corrective and not a reversal.
And you, dear reader, what do you see?
Your opinion is very important ❤️
