Will the XRP price be disrupted again?

Xrp (XrpThe price decreased by 17 % over the past seven days and 27 % last month, and lost many major support levels along the way.

This market participant has been left wondering whether the XRP price could decrease in the coming days.

XRP levels to see less than $ 2.40

The latest price collapse from XRP Watch it inspected the main support levels, including the SMA simple medium (SMA) at $ 2.43 and the psychological level of $ 2.40.

Related to: XRP’s open interest to 2025 – Will Altcoin’s traders abandon?

Traders are now focusing on the main areas without this level, which XRP may return if the continuous decline continues.

It is worth noting:

• The first area of ​​XRP is between its previous domain low at $ 1.90 (formed on December 9, 2024) and the last low range at $ 2.06 (reached on February 25).

• XRP is likely to target the liquidity set within this range if you lose support at $ 2.15.

• The immediate re -postponement of the bulls will be a sharp reflection of this range, indicating the purchase of interest less than $ 2.40.

• Otherwise, XRP can decrease to re -test the maximum fair value between $ 1.51 and $ 1.82, It was formed during the gathering Between November and December 2024.

• Note that SMA for 200 days is less than this range directly, indicating a strong demand area above $ 1.50.

The area exceeding $ 2.00 is a strong support zone for XRP, according to the CVTRADES, which says this loss will lead to a decrease to $ 1.70.

“Watch the weekly closure. If it is less than $ 2.09, it scans $ 1.77.”

XRP tips at $ 1.73

From a technical perspective, XRP is circulating within a declining continuity pattern indicating more from the negative side despite continuous monotheism.

Main points:

• XRP is traded within a Inform The pattern in the time frame for four hours, indicating the possibility of continuing with the dumping momentum if the main support levels are not.

• The bear mark was developed after XRP decreased from $ 2.60 to the lowest local level of $ 2.06 between February 24 and February 25.

• The uniformity is inside the XRP trading bear in an upward parallel channel, with price testing critical support levels today, including the lower limits of science at $ 2.20.

• The collapse of this level can lead to another price collapse.

• The negative target of bear science, derived from the previous decline, is about $ 1.73, which represents 22 % of the current price.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.