The cryptocurrency market is entering a sensitive phase, and XRP is currently in the spotlight as the price continues to face selling pressure from the bears. According to the latest analysis by expert EGRAG CRYPTO, there are a series of key price levels that investors need to closely monitor in the coming time. These will be the 'survival points' that determine whether XRP continues to be pulled down further or regains momentum and heads towards new records.

Macro Perspective – Adjusting Investment Mindset

EGRAG CRYPTO emphasizes that investors need to be flexible in adjusting their perspectives when the market fluctuates. Maintaining an overall view will help them avoid being swept up by short-term volatility and missing out on larger trends.

Dangerous Support Zone – $2.9

After losing the $3 mark, XRP currently finds itself at a disadvantage. The most critical support level at this time is $2.9. If the bulls cannot successfully defend this price level, the market may witness an additional sharp drop of over 10%.

According to Elliott wave analysis, breaking below $2.9 will confirm the Wave 5 downward pattern, and the next target for the bears could pull XRP down to $2.65. This is a very important price zone to determine whether the bearish trend truly dominates.

Resistance Levels Opening Up Price Increase Opportunities

Conversely, if the bulls manage to hold the price and regain control, a series of resistance levels above will gradually pave the way for an uptrend:

  • $3.0: The first level that needs to be clearly reclaimed.

  • $3.13: Surpassing this resistance will signal the return of the uptrend.

  • $3.20: This is an important psychological threshold. A solid candle close above $3.20 will bolster market confidence, providing momentum for the next uptrend.

  • $3.45: If the price reaches here, XRP is almost ready to conquer its historical high.

  • $3.65: The final resistance level before XRP can approach a new ATH (All-Time High).

Conclusion

XRP is at a decisive moment where it must choose between holding the support level to bounce back or allowing the bears to take control and pull the price down further. With the important price levels highlighted, investors need to closely monitor market developments to make timely decisions.

👉 If it holds above $2.9 and breaks through $3.20, XRP could be closer than ever to new highs.
👉 But if it loses $2.9, a deep drop to $2.65 is entirely possible.