The price of XRP is near $ 2.75 with the main levels, most notably the analyst Ali Martinez

XRP is hovering near $ 2.75 on Monday, a decrease of 2.38 % over 24 hours, as traders weighing the main support and resistance levels put by the encryption analyst Ali Martinez.

in Posted on August 31, Martinez stressed that XRP “must exceed $ 2.77” or a risk that decreases about $ 2.40.

His clear plot was explained by about $ 2.77, which previously attracted purchasing benefits. He suggested that he be broken under that area, which will take away the safety net and leave the symbol exposed to the deeper losses.

For non -technician readers, the message was clear: $ 2.77 represented the line that bulls need to show strength, and if they did not, the next main level of support sits at 2.40 dollars.

in Publishing on September 1Martinez continued a more optimistic road map.

The most prominent plan is $ 2.70 as a decisive level of defense, a slightly lower support zone than before, and $ 2.90 as a barrier that XRP will need to break the positive momentum. If both conditions are met – the base contract and the ceiling removal – its plan indicated a possible rally about $ 3.70.

In clear phrases, Martinez put a step -by -step path: first avoid slipping down, then pushing the resistance, then the goal only for the greatest collapse.

24 -hour Coindsk chart shows how to play this battle in actual time. XRP reached a height of $ 2.8325 during the day before the sellers lifted down, while a decrease in $ 2.7034 showed that buyers intervene to protect the lower limb from the range.

This tightening the rope between bulls and bears is accurately fits in the framework of Martinez. An area of ​​$ 2.70 – $ 2.77 is tested as a basis, while the area exceeding $ 2.80 is working as a roof. The trading volume increases whenever XRP tries to separate, reflecting the resistance from sellers who are not yet ready to allow the price to increase.

The price movement emphasizes the importance of Martinez levels: XRP is packaged between the support that it set and the resistance only, leaving the merchants to see whether buyers or sellers will bear control first.

Currently, the XRP direction depends on whether it can remain a decree over the lower support area for a long time to collect the force needed to pay about $ 3.70.