Source: CryptoNewsNet
Original Title: Attention! Analysis Company Warns: This is the Most Important Key Point for XRP! If it Breaks, a Bull Run Will Begin!
Original Link:
A cryptocurrency analysis firm shared the latest technical assessment of XRP’s current market outlook.
The firm stated that although the overall market has rebounded, XRP is still moving within a clearly broader downtrend.
According to the analysis, if XRP can achieve sustained breakout above the $2.48 level, the upward trend will accelerate. The firm pointed out that the downtrend line at $2.48 poses a critical resistance to any rebound.
Therefore, the analysis firm indicated that, purely from a technical perspective, the trend remains downward.
However, while the technical outlook appears bearish, the internal structure shows an increasingly bullish trend. In recent weeks, the upward movement has become more impactful, faster, and more clearly defined. Currently, downward momentum is noticeably decreasing, and the internal structure is creating upward potential.
Nonetheless, to truly unlock this potential, XRP needs to achieve sustained breakout above the red trend line ($2.48).
The firm noted that unless this key breakthrough occurs, XRP will continue to face technical downside pressure.
The company also listed XRP’s key levels as follows:
Resistance level: approximately $2.2 – $2.22 (strong short-term zone)
Breakout zone: sustained breakout above $2.48 would be a strong bullish signal
Support level: approximately $1.95 – $1.88 (Fibonacci retracement zone + reaction zone)
The firm concluded that XRP currently exhibits dual characteristics, with an overall downward trend but internal structure showing an increasingly bullish bias.
“The current question is whether XRP can achieve stable breakout above these levels. If successful, the upward momentum could develop very rapidly.”
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
4
Repost
Share
Comment
0/400
MissingSats
· 4h ago
Once it breaks 2.48, we'll take off; if not, we'll keep holding.
View OriginalReply0
LiquidityWizard
· 4h ago
$2.48 again? I'm tired of hearing that, brother. Every time you talk about key levels, but what happens...
Let's wait for the break below to see. Anyway, I don't believe this wave can go up.
View OriginalReply0
Token_Sherpa
· 4h ago
nah, $2.48 resistance plays are so overdone tbh... seen this movie before with like three other alts, spoiler alert: most don't make it
Reply0
RugDocDetective
· 4h ago
It's yet another theory about key level breakthroughs. How can $2.48 be such a magical dividing line? Haha, let's wait and see.
---
$2.48? I bet it will drop again. Analysts keep shouting about a breakout every day.
---
Bullish signals keep coming one after another. Why is it still falling...
---
These institutions just love to look for key levels. But in reality?
---
Here we go again. Every time they say it's breaking down and about to take off. But what’s the result?
---
It's unlikely that $2.48 will break. It seems XRP still needs to do more homework.
---
Analysis is one thing, but on-chain data is the real deal. Why don't they say that?
---
Still thinking about technicals during a bear market? You're overestimating.
---
Let's wait and see. If it really breaks, I'll come back and curse myself.
XRP Technical Analysis: The $2.48 breakout level is critical; a successful breakthrough could trigger a rapid rally
Source: CryptoNewsNet Original Title: Attention! Analysis Company Warns: This is the Most Important Key Point for XRP! If it Breaks, a Bull Run Will Begin! Original Link: A cryptocurrency analysis firm shared the latest technical assessment of XRP’s current market outlook.
The firm stated that although the overall market has rebounded, XRP is still moving within a clearly broader downtrend.
According to the analysis, if XRP can achieve sustained breakout above the $2.48 level, the upward trend will accelerate. The firm pointed out that the downtrend line at $2.48 poses a critical resistance to any rebound.
Therefore, the analysis firm indicated that, purely from a technical perspective, the trend remains downward.
However, while the technical outlook appears bearish, the internal structure shows an increasingly bullish trend. In recent weeks, the upward movement has become more impactful, faster, and more clearly defined. Currently, downward momentum is noticeably decreasing, and the internal structure is creating upward potential.
Nonetheless, to truly unlock this potential, XRP needs to achieve sustained breakout above the red trend line ($2.48).
The firm noted that unless this key breakthrough occurs, XRP will continue to face technical downside pressure.
The company also listed XRP’s key levels as follows:
The firm concluded that XRP currently exhibits dual characteristics, with an overall downward trend but internal structure showing an increasingly bullish bias.
“The current question is whether XRP can achieve stable breakout above these levels. If successful, the upward momentum could develop very rapidly.”