Bitcoin and Other Cryptocurrencies Target Key Levels
Bitcoin is currently retesting a critical area on its chart, aiming to turn previous resistance into new support. Similarly, Ethereum, Chainlink, Solana, and XRP are showing significant movements. XRP is facing rejection at resistance, while Chainlink is displaying bullish divergence. In the short term, markets may experience more fluctuations, but the long-term trend remains bullish.

XRP’s Current Status: A Strong Week and Key Levels

Over 15% Growth in a Week
XRP, Ripple's token, has risen more than 15% over the past week and is currently trading at $2.42. On the XRP price chart, a sideways movement is apparent, with the price respecting key levels and following the suggested microstructure.

Micromovements Could Determine the Next Steps
Although the longer timeframes have shown little change, micromovements could be crucial for the coming week. The next few days may bring pivotal developments that define the direction of XRP's price.

Critical Levels to Watch

Resistance at $2.50
As expected, XRP has faced rejection at the key resistance level of $2.50. This resistance, previously identified as a critical area, has now proven to be a strong barrier. On the 4-hour chart, bearish divergence is visible, which could cause a continued decline over the next 1–2 days. However, this pressure is expected to ease within 3–4 days.

A confirmed breakout above $2.50 would signal a significant shift in trend and could pave the way for further growth.

Key Support Levels
XRP’s price will likely respond to the current bearish divergence, potentially leading to a continued pullback. Key support levels to monitor include:

  • $2.32

  • $2.22

  • $2.13–$2.14

Another critical support level is the lower boundary of the descending channel at $1.83.

Summary

XRP is experiencing a dynamic phase, with the price struggling to break through resistance at $2.50. A successful breakout above this level could indicate a trend reversal and provide an opportunity for further gains. On the other hand, a drop below key support levels might signal an extended correction. The upcoming week will likely be crucial for XRP, making it essential to closely monitor these critical price levels.


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