CandleFocus As XRP Rebounds 8%, Here’s the Level It Must Reclaim as Support for Extended Recovery
2025-03-01
Author: Content Editor
Amid the recent crash in the crypto market, XRP has shown resilience by holding above the critical psychological support level of $2. A market analyst has identified that for XRP to recover, it needs to reclaim and hold above the $2.20 level. Currently, XRP is experiencing a surge in value, up 8% in the past 24 hours. Another analyst suggests that if selling pressure intensifies, a potential support zone for XRP could be around $1.65. However, another analyst believes that the worst may be over for XRP and anticipates the start of a fifth wave, projecting targets between $5 and $8, as long as XRP maintains support above $1.88 and $1.91. XRP is currently trading at $2.18, close to reclaiming the pivotal $2.20 level.
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