Strategic supports that the price of XRP should not lose
The first important line of defense is at $2.65. Analysts like EGRAG CRYPTO believe a wick touching that level is possible, but a daily close below would generate a warning signal.
“The strong line of defense is at $2.65. We can have a wick here, but not a daily close below; otherwise, we are in trouble!” stated analyst EGRAG CRYPTO on X.
The next critical reference is $2.33, corresponding to the 21-period exponential moving average on the two-week timeframe. This support is vital: losing it would imply a significant weakening in the bullish structure.
Further down is the level of $1.90, which acts as the true boundary between a bullish and a bearish market. If there is a break below, the scenario would change drastically to a more negative tone.
Finally, $1.62 marks the confirmation of a bearish turn if the price closes below the midpoint of the “green arc,” a pattern that many analysts follow closely.
“[$1.90] marks the defense line of the bearish market. If we cross below this level, we enter bearish territory. Additionally, [$1.62] marks the confirmation point of a bearish trend if we close below the midpoint of the arc,” concluded the analyst.