XRP at a Critical Crossroads: Analysts Reveal the Level That Must Be Protected to Prevent the Decline from Deepening

Cryptocurrency analysis firm MakroVision stated in its latest chart update that XRP is still in a correction process and is retesting a critical support ￰0￱ to analysts at MakroVision, XRP is currently testing the support cluster at the 0.382 Fibonacci level and $2.21 ￰1￱ analyst firm warned that if support breaks, the price could begin a deeper downward move towards the $1.96 level, which is being described as a “decision point.” If support holds, the company stated that the possibility of a trend reversal from this level will ￰2￱ News: Bitcoin Price Hits $100,000 - Here's the Latest Situation and Data on the Major Drop According to the analyst firm, the resistance range of $2.48-$2.65 currently stands out as the area of highest liquidity.

A clear break above this range could pave the way for a price reversal towards $3.06. According to MakroVision's assessment, XRP is currently at a critical ￰3￱ the support area between $2.16 and $1.96 isn't held, there's a risk of a retest of the October lows. However, a strong defense of this area could pave the way for a short-term recovery. *This is not investment ￰4￱ Reading: XRP at a Critical Crossroads: Analysts Reveal the Level That Must Be Protected to Prevent the Decline from Deepening