NewsBTC
2 May 2025
2 0

XRP Faces Critical Price Level at $2.25 for Potential Breakout

XRP is currently at a critical price level, with the $2.25 zone identified by trader CasiTrades as significant for the token's next move. This area has turned from support to resistance following recent price action.

XRP Price Analysis

  • The $2.25 level is seen as a battleground for XRP's future movement.
  • CasiTrades indicates that failure to maintain prices above $2.25 may lead to a corrective pattern, potentially pushing XRP down to $2.00.
  • A deeper liquidity sweep could see prices drop to $1.90, which aligns with key Fibonacci retracement levels.
  • Short-term indicators suggest the current dip may soon end, with RSI showing signs of exhaustion.
  • Targets for potential upward movement are set at $2.68, $3.00, and higher beyond that point.
  • The overall market outlook remains stable, awaiting confirmation of buyers' defense around the $2.00–$1.90 range.
  • A successful reclaim of $2.25 would indicate readiness for a bullish trend towards multi-year highs.

At press time, XRP traded at $2.21, showing gradual recovery from the crucial support zone.