The post One Last Chance at $2 appeared on BitcoinEthereumNews.com.

Bitcoin’s reversal possibilities Ethereum gets revenge With the stakes higher than ever, XRP is balancing on a tightrope. Although its price performance has been volatile recently, the chart shows that the 100 EMA (orange line) is a crucial battleground. Long considered a key indicator of midterm momentum, this moving average is now the pivot that will determine XRP’s future. After a botched breakout attempt, XRP is currently consolidating at $2.27. Slightly above this zone, the 100 EMA serves as a possible launchpad as well as resistance. The 50 EMA (blue line) is getting closer, which creates the conditions for a possible cross and increases the significance of this level. These moving averages could give XRP new life if they eventually converge and a bullish cross forms. This would be a powerful technical buy signal, a miniature golden cross.  XRP/USDT Chart by TradingView It will not be a free pass though. If this zone is not held, the bullish scenario is probably invalidated, and a return to the prior support levels around $2 or lower is likely. XRP has been moving in a narrowing triangle structure, a traditional pattern that precedes large swings, so there is a real chance of a breakdown. Since market volume is also relatively low, any notable volatility may occur in sudden spikes.  In the coming days, traders and investors should keep an eye on how XRP responds to these moving averages. In the long run, regaining $2.50 and possibly even $3 would be possible with a clear move above them. A longer struggle to keep its current value, on the other hand, might result from falling below. XRP has one more chance at $2.There is a unique chance for momentum to change from neutral to bullish when the 100 and 50 EMAs converge.    Bitcoin’s reversal…

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Filed under: News - @ May 29, 2025 11:26 pm