XRP Price Needs to Close Above $2.65 for Bullish Momentum

XRP has been in a downtrend since March, currently trading at $2.37 after reaching a low of $1.93 on March 11. Despite a recent uptick, it has not fully recovered its earlier losses.

Key Price Levels Identified

Egrag Crypto identified $2.65 as a critical level for XRP to regain to maintain bullish momentum.
Repeated tests of support at $1.93 risk weakening its integrity and could lead to further declines.
A strong close above $3.00 is necessary for a sustained uptrend; failure may result in continued price corrections.

If XRP closes above $3.00 by the end of March, Egrag projects an initial target of $4.80, with long-term aspirations reaching up to $110.

Currently, XRP is 26.5% away from the $3 target.