Analyst: XRP Must Hold This Support, If Not, This Price Could be Next

Crypto analyst Ali Martinez has shared a technical chart outlining a crucial price level for XRP in the current market ￰0￱ to his analysis, XRP must maintain support at $2.74 to avoid further ￰1￱ emphasized that if this level fails, the asset could face additional downside pressure with the next potential target around $2.35. The analysis was presented using a descending triangle formation, combined with Fibonacci retracement levels, to identify areas of support and resistance. $XRP must hold $2.74 support! Lose it, and $2.35 could be ￰2￱ — Ali (@ali_charts) September 3, 2025 Chart Overview and Price Levels The chart attached to Ali’s post, created on TradingView, presents XRP’s four-hour performance against Tether (USDT) on ￰3￱ highlights a consistent downtrend with lower highs converging into a narrowing ￰4￱ Fibonacci retracement and extension levels are drawn, illustrating the importance of $2.74 as a near-term ￰5￱ levels extend further downward, with projections suggesting that a breakdown below $2.74 could expose XRP to declines toward $2.68, $2.53, and eventually as low as $2.35.

The $2.93 area was shown as a point of rejection in recent price action, while $3.00 and above remain significant resistance levels that XRP has struggled to overcome in recent months. Ali’s forecast outlines a scenario in which failure to sustain above the 0.786 Fibonacci retracement could accelerate bearish momentum, while a decisive hold above support might provide temporary ￰6￱ Responses The analysis drew comments from community members with differing perspectives on the ￰7￱ noted that the $2.74 mark appears to be a tipping point, suggesting that a loss of this level could quickly lead to more ￰8￱ contrast, KingPinXRP expressed disagreement with the bearish outlook, arguing that the market should instead be preparing for an upward ￰9￱ pointed to past instances where XRP rejected resistance multiple times over the past seven to eight months, insisting that a push higher was ￰10￱ contrasting views illustrate how traders are interpreting the same chart differently, with some focusing on the immediate technical risks and others maintaining optimism for a ￰11￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Implications for Traders Ali’s analysis provides a technical framework that highlights the importance of monitoring $2.74 as XRP’s short-term indicator of strength or weakness .

A confirmed close below this level could validate his projection toward $2.35, while stability above it might allow for another attempt to retest resistance levels closer to $3.00. The shared chart outlines a clear bearish path if the downward trend continues. However, community responses underline that sentiment remains divided, with a segment of traders anticipating a breakout to the upside despite the pressure on ￰12￱ continues to trade within the descending triangle pattern, with market participants closely watching whether $2.74 will hold as the critical line between maintaining consolidation or entering another phase of ￰13￱ : This content is meant to inform and should not be considered financial ￰14￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰15￱ are advised to conduct thorough research before making any investment ￰16￱ action taken by the reader is strictly at their own ￰17￱ Tabloid is not responsible for any financial ￰18￱ us on X , Facebook , Telegram , and Google News