XRP Needs to Reclaim $2.22 for Potential Price Surge

Crypto analyst Dom has identified a key level for XRP to reclaim, targeting a price rally to $2.50. The XRP needs to regain the monthly rVWAP around $2.22, indicating a possible reversal pattern.

  • A higher low formation suggests potential trend change.
  • Order books are clear, supporting a trend shift.
  • If unsuccessful, acceptance below $2 could lead to negative end-of-year price action.

XRP

Analyst Egrag Crypto emphasizes:

  • A close above $2.60 is bullish but not definitive.
  • A close above $3.40 indicates a return to a bull market.
  • A close below the 21 EMA could be problematic.

Ali Martinez predicts:

  • A breakout toward $2.75 if XRP exceeds $2.28.
  • A sustained rally could reach the psychological $3 level.
  • Potential drop to $1.20 if support at $2 fails.

CasiTrades foresees a potential final drop before new highs, with a double bottom around $1.80 or a deeper sweep to $1.64. However, breaking above $2.04 could invalidate this prediction.

At present, XRP is trading at approximately $2.18, reflecting a decrease in the last 24 hours.