XRP Must Break Through $3 To Nullify The Downtrend Model And Shift To Rise

XRP is facing a critical moment after failing to test the resistance level of $2.60, with price action currently heading towards important demand. The token continues to trade sideways within a wide range, reflecting increasing uncertainty as the broader crypto market faces new selling pressure. Despite a strong performance in recent weeks, buyers are struggling to maintain momentum, and the inability to push prices higher has left XRP vulnerable to further consolidation or bearish moves. The overall risk-averse sentiment in the market is making it difficult for altcoins like XRP to establish a clear direction. Investors remain cautious, and the buying side must protect key support areas to avoid triggering a deeper correction. XRP is approaching a crucial demand zone that could determine its short-term trajectory. Crypto analyst Ali Martinez shared insights on X, pointing out a potential bullish scenario if XRP can break through the $3 mark. According to Martinez, such a move would invalidate the current head and shoulders pattern forming on the chart, effectively reversing the outlook in favor of the bulls. XRP faces a crucial breakout test amid a volatile crypto market. XRP is approaching a critical point in its price structure, where a breakout above significant levels could trigger a major bullish trend. However, investors remain cautious, with many concerns that the current setup could be a bull trap — especially in the context of an unstable macro environment. Since the end of January, the financial markets have faced increasing turmoil, driven by fears of trade wars and the erratic policy behavior of U.S. President Donald Trump. This uncertainty has put heavy pressure on risk assets, including cryptocurrencies, and continues to hinder the formation of a clear trend across the board. The price action of XRP reflects the general hesitation of the market. Although the token has shown resilience, it remains locked within a wide range, unable to generate sustainable bullish momentum. The failure to break past the recent resistance level of $2.60 has heightened concerns among investors, as selling pressure seems to be gradually returning to the crypto market. Martinez has considered the situation, emphasizing a technical level that could determine the short-term trajectory of XRP. According to Martinez, if XRP can surpass the $3 mark, it will invalidate the current head and shoulders pattern forming on the chart — a pattern often associated with trend reversals. Such a move would reverse the market outlook towards bullishness and open the door for a major price increase.

However, until that breakout occurs, the head and shoulders structure remains in play and the bearish risk cannot be overlooked. Investors are closely watching as XRP trades near important support and resistance levels, knowing that the next breakout or breakdown could shape its direction in the coming weeks. Currently, XRP is still stuck in a tense battle between bearish pressure and bullish potential. Bulls defend the important support level at 2.20 dollars XRP is currently trading at a price of $2.22 after losing the important resistance level of $2.40, in line with both the 200 (MA) and the (EMA). This breakdown has weakened short-term momentum, putting the buyers on the defensive as selling pressure begins to rise. The $2.20 level is now a crucial support area that needs to be defended to avoid a deeper correction.

To regain strength and shift momentum back in favor of the buyers, XRP must reclaim the $2.35 level in the upcoming sessions. A move above this resistance level will indicate new buying interest and could potentially trigger a price push back to the $2.60 range. Until then, price action remains fragile, with investors closely watching for confirmation. However, if XRP cannot hold above $2.20, the market may witness a strong fall down to the $2.00 mark — a psychological and structural support level that has been maintained during previous corrections. Such a move could confirm the dominance of the bearish trend in the short term and further delay any potential breakthroughs. As volatility continues to increase, the next few hours could be very important for the short-term trend of XRP.

XRP-2.82%
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Tututfatonivip
· 03-29 01:58
it is impossible as long as the core team is still k their xrp
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