XRP Faces Pressure from Bears: Important Price Levels Investors Need to Watch

The cryptocurrency market is entering a sensitive phase, and XRP is currently becoming the center of attention as its price is continuously under selling pressure from the bears. According to the latest analysis by expert EGRAG CRYPTO, there are a series of key price levels that investors need to closely monitor in the near future. These will be the "critical points" that will determine whether XRP continues to be pulled down further or regains momentum and aims for new records. Macroeconomic Perspective – Adjusting Investment Mindset EGRAG CRYPTO emphasizes that investors need to be flexible in adjusting their perspectives when the market fluctuates. Maintaining an overall view will help them avoid being swept away by short-term volatility and missing out on larger trends.

Danger Zone Support – $2.9 After losing the $3 mark, XRP is now at a disadvantage. The most important support level at this moment is $2.9. If the bulls cannot successfully defend this price level, the market could witness another sharp decline of more than 10%. According to Elliott wave analysis, breaking through $2.9 will confirm the downward Wave 5 pattern, and the next target for the bears could pull XRP down to $2.65. This is a very important price area to determine whether the bearish trend will truly dominate completely or not. Resistance Levels Open Up Price Increase Opportunities On the contrary, if the bulls successfully hold the price and regain control, a series of resistance levels above will successively pave the way for the upward trend: $3.0: The first milestone that needs to be reclaimed clearly.$3.13: Overcoming this resistance will signal the return of the bullish trend.$3.20: This is an important psychological level. A solid close above $3.20 will bolster market confidence, creating momentum for the next upward movement.$3.45: If the price reaches here, XRP is almost ready to conquer the historical high.$3.65: The final resistance level before XRP can move towards the ATH (All-Time High). Conclusion XRP is at a critical moment as it must choose between maintaining support levels to bounce back or allowing the bears to take control and pull the price down further. With important price levels indicated, investors need to closely monitor market developments to make timely decisions. 👉 If it can hold $2.9 and break through $3.20, XRP could get closer than ever to new highs. 👉 But if we lose $2.9, the scenario of a deep drop to $2.65 is entirely possible.