Recent price action in the past 24 hours has seen bullish momentum return to the crypto market, and XRP also builds on this momentum. After the difficulty to find direction in the early days of May, the price of XRP Back now to the test The mark of $ 2.25, a resistance that has been held continuously since January and begins to define the wider XRP macrostructure.
The latest price action will come after A sharp rebound from the $ 2.08 zone, And reclaiming subsequent resistance to $ 2.25 can open the door to higher targets.
$ 2.25 resistance refers to the battle zone
Despite the rally, the technical examination suggests that the XRP can resist the resistance near $ 2.25, or reverse to re -evaluate this level even with a breakout. Price movements are becoming more reactive, and may have a potential breakout or breakdown, depending on how this level is resolved.
According to a technical examination Distributed on the Social Media Platform X, The level of $ 2.25 will be important for the XRP, given that the price has now tested the level of resistance several times since early 2025. At the time of examination, the price of XRP shows a hesitation under the breakout point at the time -anxious candlestick timeframe, with the intraday wicks that repeat -repeat to close to the repetition of more than $ 2.249 2.273.
Noteworthy, this level is clustered to Fibonacci levels, such as a retracement level of 0.392 from the peak of January 2025, and near the Fibonacci Retracement Zone to 0.118 (near $ 2.27) from the price of the peak of April.
So far, XRP consumers will hold the line after a bouncing of $ 2.077, which is in line with the 0.382 retracement level. However, the KaMag -child Index Index (RSI) near 72 shows that the XRP is approaching the conditions of excessive thinking at the time -time, adding another layer of complexity.
Although the RSI did not provide a certain return signal, the market sensitivity around this level Means a decline Send the price quickly towards $ 2.00 or even $ 1.90, where 0.5 and 0.618 retracement lies as marked support zones.
What happens if XRP reclaims $ 2.25
The The wider structure of XRP is currently bullish, with time -a -time price chart showing forms of higher lows since under April above just $ 1.60. If the XRP successfully regenerates and closes more than $ 2.25, the resistance can flip the support and open higher targets with minimal friction ahead. The next key level is around $ 2.36, marked the local top of April. A breakout toward that region will signal a strong continuation of the macro bullish trend and a final final Back to $ 2.7 and more.
Notably, the amount of purchase surrounding the XRP gave this bullish an early confirmation. At the time of writing, the XRP will be from the top of the $ 2.25 level at the time -time chart, though it needs to be closed on top of it at sunny hours. XRP is currently trading at $ 2.37.
Featured image from UNSPLASH, chart from tradingview
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