Skip to main content

XRP at a Key Level: $2.98 Support Must Hold

XRP has had a volatile week — climbing as high as $3.13 before pulling back to around $3.01.

XRP Chart (Source Coingecko)

 Now, all eyes are on the $2.98 support level, which is shaping up to be the critical turning point.

🔹 If XRP breaks below $2.98

The price could extend its decline, potentially testing the $2.92–$2.94 zone. A failure to hold this level may trigger further downside pressure.

🔹 If XRP holds above $2.98

Buyers could regain control, driving XRP back toward $3.10, and if momentum strengthens, possibly to $3.25 and even $3.44.

Why $2.98 Matters

This level is more than just short-term support — it’s the line that separates continuation of the bullish trend from a deeper pullback. Holding it keeps the uptrend intact, while losing it may shift sentiment bearish.

👉 Key takeaway: Keep a close watch on $2.98. Whether XRP holds or breaks this level will likely define its next big move.


👉 Join my Telegram channel get multiple daily signals, and feel free to reach out on my personal Telegram handle for guidance on your future investments.

Link👇

https://t.me/CryptoTimely

Comments

Popular post

Why Is Bitcoin Going Up? BTC Hits $97K After Buy Signal

Bitcoin (BTC) is going up, reaching $97,000 on January 14, 2025. It dropped below $90,000 on Monday, which worried some people. The price is rising because of a strong buy signal at $92,000. Experts think Bitcoin could reach $103,000 or even its highest price of $108,000 soon. Could Bitcoin reach $1 million? Some say it’s possible, but others think it will stay lower in 2025. 

Bitcoin Price Analysis: Key Support and Resistance Levels to Watch

 Bitcoin (BTC) is currently trading around $90,800 after facing a strong rejection near the $94,800 resistance zone. The recent pullback suggests increasing sell pressure as the market cools down from overbought conditions. BTC Chart (Source TradingView) From a technical perspective, momentum indicators are showing weakness. The MACD has turned negative , signaling a possible short-term bearish trend, while the RSI is moving lower , indicating that bears are gaining control. These signals suggest caution for traders in the near term. However, Bitcoin is approaching a critical support level at $90,288 , which remains a strong demand zone. If this support holds, BTC could see a rebound and make another attempt to break above the $94,800 resistance . A successful breakout above this level may open the door for further upside momentum. On the downside, if Bitcoin fails to hold the $90,288 support , selling pressure could intensify, pushing the price toward the $88,000 support zone ...