According to his recent technical analysis, $2.50 now serves as a critical support level — the “yellow edge” — that XRP must maintain to avoid a loss of bullish momentum.
The analyst emphasizes that a failure to stay above $2.50 could see XRP dip toward $2.42.
However, he adds that the ultimate line of defense lies at $2.20, which must hold as the macro support zone. Breaching that level could invalidate the current bullish structure.
EGRAG previously predicted the breakout on May 10th, calling $2.65 a potential confirmation zone — a forecast that has now played out.
“If we can’t hold $2.42, then $2.20 must hold to keep the structure intact,” he stressed, adding that continued support at these levels will determine whether XRP can climb further or face downward pressure.
With the broader crypto market in flux, XRP traders are urged to stay alert and watch these support levels closely.
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