All Noise Until XRP Breaks Below $2.65 or Above $3.65
The post All Noise Until XRP Breaks Below $2.65 or Above $3.65 appeared on BitcoinEthereumNews.com.
Crypto analyst Egrag Crypto has pointed to a narrow range that could decide the next XRP price direction. According to Egrag’s latest analysis, whether XRP extends its decline or starts to recover will depend on whether it holds support or reclaims higher levels. In a post on X, Egrag defined the current trading corridor for XRP as a macro range between $2.65 and $3.65. The lower boundary, $2.65, represents the potential completion of a five-wave corrective structure. The upper boundary, $3.65, serves as the long-term bullish target if buyers regain control. – Advertisement – As of this press, XRP is trading at $3.02, a 1.5% rise in the past day, reducing its weekly loss to 3.9%. The past month has been particularly low for XRP, recording an 11.7% loss in the period. XRP’s Key Support at $2.90 Notably, the immediate focus remains on the $2.90 support level. Egrag noted that if XRP posts a full-body close below this mark on the 4-hour timeframe, the corrective pattern will likely extend to $2.65. This level has not been tested since August 3, when XRP dropped to $2.74. Egrag Crypto predicts XRP move Meanwhile, volume readings show a spike above the moving average, indicating strong participation during the recent sell-off. XRP’s Resistance Levels to Reclaim Meanwhile, if buyers hold $2.90 and push higher, several checkpoints stand in the way of recovery. The first milestone is the $3 psychological mark. With XRP now trading above this level, Egrag noted that other milestones are $3.13 and $3.20. A close above $3.20 would strengthen the case for continued momentum and reduce the risk of further downside. From there, attention shifts to $3.45, a level linked to the early August swing high. Clearing this point would set the stage for a possible run toward $3.65, the upper…
Filed under: News - @ August 19, 2025 3:30 pm