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XRP struggled to gain momentum, with a hunting price towards a decline since the beginning of March. Although XRP has I managed to press In the past five days, after reaching a level of less than $ 1.93 on March 11, it was not so completely Recover its losses In the first week of the month.
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Long -term altcoin prospects are It is still on the upright speculationBut short -term price procedures have thwarted traders looking for signs of outbreak. Amid this recession, the EGRAG Crypto Crypto has determined specific price levels that can determine whether XRP finally reflects its course.
The analyst determines $ 2.65 as a major level before challenging XRP $ 3.00
Egrag Crypto, a long -standing rise to XRP, has moved to the X to the social media platform X to Old lines of the key price levels It can determine the neglected step next to the cryptocurrency. Specify $ 2.65 as the first critical threshold that the currency should be retrieved to keep the meaningful bullish momentum. However, the analyst expressed concern about the repeated XRP tests of the minimum border, which indicates the last bottom at $ 1.93.
According to the analyst, re -tests for this support level are a double -edged sword. While multiple resistance touches can eventually lead to outbreak, repeated support tests weaken their safety, which increases the possibility of a breakdown. Such style knocks on the door that will open or break in the end. The most prominent six cases of XRP Re -test this area Since December 2024 on a 12 -hour candle scheme, warning that prolonged weakness can pave the way for more negative aspect.
In order for Crypto to escape from this course and turn to upward lands, EGRAG emphasized the importance of a strong closure over $ 3.00, not just a short step. This level has been the top resistance line in the past two weeks and was an obstacle to any continuous upward trend. Failure to break and maintain more than 3.00 dollars may lead to a short -term correction and to keep XRP trapped in its current range.
However, the analyst believes that XRP's chances of reaching $ 3.00, taking into account the current price procedure, without securing more than $ 2.65.
image From x: Egrag Crypto
What is the following for XRP after $ 3?
It was particularly landing for XRP, as sellers maintain control because they failed to restore the lost land. However, if the Bulls XRP can close above $ 3 before the end of the month, the door will open to resume the price collection. With this in mind, the EGRAG set an initial goal of $ 4.80, and XRP at the highest new levels ever.
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Interestingly, this goal is modest compared to the ambitious -term analyst's expectations. egrag Previously expected XRP can rise to $ 110 in the long run. At the time of this report, XRP is traded at $ 2.37 and still 26.5 % of access to $ 3.
A distinctive image of Crypto logos, the tradingvief chart
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