XRP Must Hold Key Support at $2.50 to Sustain Bullish Momentum

By: coindoo|2025/05/13 16:15:04
0
Share
copy
According to his recent technical analysis, $2.50 now serves as a critical support level — the “yellow edge” — that XRP must maintain to avoid a loss of bullish momentum.The analyst emphasizes that a failure to stay above $2.50 could see XRP dip toward $2.42.However, he adds that the ultimate line of defense lies at $2.20, which must hold as the macro support zone. Breaching that level could invalidate the current bullish structure.EGRAG previously predicted the breakout on May 10th, calling $2.65 a potential confirmation zone — a forecast that has now played out.“If we can’t hold $2.42, then $2.20 must hold to keep the structure intact,” he stressed, adding that continued support at these levels will determine whether XRP can climb further or face downward pressure. .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: How Much Will $10,000 in XRP Be Worth by 2030, According to Gemini? With the broader crypto market in flux, XRP traders are urged to stay alert and watch these support levels closely.The post XRP Must Hold Key Support at $2.50 to Sustain Bullish Momentum appeared first on Coindoo.

You may also like

Tiger Research: What AI services do cryptocurrency companies offer?

Cryptocurrency giants like Binance and Coinbase have fully launched an AI defense battle: Driven by FOMO sentiment, leading platforms are accelerating the deep integration of AI agents into core businesses such as trading, security, and payments.

The war not only drives up oil prices but also causes Circle's stock price to soar

High interest rate expectations combined with the explosive growth of stablecoin infrastructure have led to Circle's stock price doubling in five weeks against the trend: Understanding the dual game of "macro interest rate trading" and "global payment foundation" behind the surge in one article.

When agents become consumers, who will rewrite the underlying logic of internet commerce?

Thirty years ago, due to the high cost of micropayments, the internet had no choice but to adopt an advertising model. Today, the technical threshold for micropayments is nearly zero, but trust has become the most expensive luxury. Whoever can bridge this gap will dominate the next generation of int...

AI Agents in Action Summit: March 31, Hong Kong Cyberport, focusing on the deep waters of AI implementation

Tomorrow, Hong Kong Cyberport will grandly open. The "AI Agents in Action" summit gathers top experts, directly addressing the real evolution of AI Agents from conceptual celebration to productization and large-scale commercial implementation.

29 Days In, What Are America’s Options on Iran?

The key is not in ground invasion but in the combination of striking capability and governance.

Flash Crash Down 97%+ with Ongoing Unlocking, WLD Completes $65 Million Off-chain Funding: Who Is Still Buying?

In the current deep bear market environment, being able to complete multi-million dollar token trades is quite rare.

Popular coins

Latest Crypto News

Read more