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XRP Price Retest or Breakout? EGRAG Crypto Shares Critical Resistance Targets

XRP is once again at a decisive turning point as it hovers around the $2.20 level—a price zone that could determine its short-term direction. According to top analyst EGRAG Crypto, this level isn’t just psychological; it’s technical, and how XRP behaves here could shape the market’s next major move.

XRP at the Crossroads

EGRAG Crypto highlights $2.20 as a critical resistance level on the daily chart. For the current bullish momentum to hold, XRP must close a full-bodied daily candle above this mark.

A confirmed breakout would pave the way toward higher resistance levels at $2.30, $2.34, $2.48, and $2.65. Each of these levels, once surpassed with conviction, could accelerate XRP’s climb and reinforce confidence among investors.

But the market hasn’t confirmed the breakout just yet. If XRP fails to close above $2.20, EGRAG warns that a pullback to $2.08 or $2.04 is likely. These zones could act as retest areas where bulls attempt to regroup before another push higher. If buyers step in at these levels, it would be seen as a healthy correction within a larger uptrend.

The Line Between Bullish and Bearish

While upside levels offer potential targets, the downside presents clear warnings. EGRAG stresses that XRP must not close below $2.04, $1.90, or $1.71 on the daily chart. A close beneath any of these supports would suggest that the bullish structure is breaking down, potentially triggering a deeper correction or the beginning of a bearish trend.

Among these, the $1.90 zone is particularly important. It aligns with a macro Fibonacci level and has acted as a major support area in recent months. Holding this level could mean the uptrend remains intact, while a breach could shift sentiment quickly.

Market Sentiment and Technical Landscape

XRP’s current price action is unfolding amid a broader sense of optimism. Legal clarity in the U.S., growing adoption for cross-border payments, and expanding tokenization use cases continue to support the long-term outlook. On-chain data shows accumulation around the $2.00 mark, suggesting that large holders may be positioning ahead of a breakout.

Still, volume remains moderate, and the lack of a decisive break above $2.20 suggests traders are waiting for stronger confirmation. A daily close above this level could bring a wave of momentum. Until then, caution remains the dominant mood.

EGRAG Crypto’s analysis lays out a clear roadmap for XRP’s next move. With the price sitting exactly at $2.20, the market is at a technical stalemate. A breakout could ignite a fresh rally; a rejection might invite a short-term retest of lower levels.

As XRP flirts with critical resistance, traders and investors alike should stay focused on daily closes. The next few candles may define the trend for weeks to come.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Zaccheaus Ogunjobi
Zaccheaus Ogunjobi
I am a passionate and experienced writer with a strong focus on cryptocurrency and the financial landscape. With a keen eye for market trends and emerging financial technologies, I strive to deliver insightful, well-researched content that educates and informs. Whether breaking down complex financial concepts or analyzing the latest market movements, my goal is to make finance accessible and engaging for a wide audience.
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