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BitcoinSistemi 2025-02-16 08:00:08

XRP at a Critical Crossroads: Which Levels Need to Be Breached to Be Bullish? Which Levels Should Be Maintained To Avoid The Bear?

XRP at a Critical Crossroads: Which Levels Need to Be Breached to Be Bullish? Which Levels Should Be Maintained To Avoid The Bear?

Cryptocurrency analytics firm MakroVision has released its latest update on XRP, revealing signs of a potential breakout. After a strong rally, XRP has broken through key resistance levels and is now testing a critical downtrend line. According to MakroVision, XRP recently broke through multiple resistance levels and is currently positioned at the red downtrend line, a key level to confirm a direct bullish reversal. According to analysts, the key price levels on the XRP chart are: $2.80: A major resistance cluster that lines up with the trend line and liquidity zone. A break above this level could trigger strong bullish momentum. $3.06: A key price level tied to previous lower highs. Clearing this area would confirm a bullish market structure. $2.65: First strong support in case of a pullback. $2.48: If XRP fails the trendline, this area could act as the next major support for stabilization. Related News: Positive Development in US Relations with Tether: Company Starts Cooperation with the US for Stablecoin Act At the time of writing, the XRP price is trading at $2.75. *This is not investment advice. Continue Reading: XRP at a Critical Crossroads: Which Levels Need to Be Breached to Be Bullish? Which Levels Should Be Maintained To Avoid The Bear?

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