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XRP Surge to $2.6 in Sight? Analyst Points Out “Critical” Level to Watch

1h ago
bullish:

0

bearish:

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In Brief:

  • XRP fell below $1.46 and approached $1.34, making the lower support zone decisive for preserving its broader bullish recovery structure.
  • Four-hour RSI declined from above 80 to 43, removing overbought conditions and giving buyers greater room for a potential rebound.
  • Reclaiming $1.46 would signal renewed strength, while breaking $1.70 could open XRP’s route toward $2.00, $2.40, and the $2.60 target.

 


Crypto market analyst Diana has identified the $1.34 support level as XRP’s critical recovery point, arguing that a successful defense could revive its potential surge toward $2.60.


XRP Must Defend the $1.34 Support Zone

XRP traded near $1.38 as sellers pushed the cryptocurrency toward the support range outlined within Diana’s technical market assessment. According to her, losing $1.46 exposed XRP to declines and placed the $1.34 to $1.36 support region within reach.


However, selling pressure overwhelmed demand, causing XRP to surrender the support level underpinning its short-term bullish market structure. Consequently, attention has shifted toward $1.34, where buyers must establish a dependable recovery base before another upward attempt develops.


Conversely, losing $1.34 would delay the rebound and expose the support range between $1.29 and $1.30 to additional pressure. XRP’s four-hour relative strength index dropped from above 80 to approximately 43 as sellers pushed the cryptocurrency toward its range. This momentum reset provides recovery room, although renewed demand remains necessary before XRP can confirm another sustained upward reversal.


XRP Faces Key Resistance Before Reaching $2.60

Diana identified $1.46 as the first confirmation level XRP must reclaim before the recovery gains stronger technical credibility. A move above that price could indicate that buyers absorbed recent selling pressure and regained control of the short-term structure.


Also Read: Bitcoin Breaks Key Trendline as Analyst Identifies the Real Test Near $83,000


Additionally, XRP must overcome the $1.70 resistance before its potential route toward the analyst’s $2.60 objective becomes considerably stronger. Breaking $1.70 could open a broader upward path through $2.00 and $2.40 before XRP approaches the target near $2.60.


Nevertheless, targets remain conditional because buyers must establish reliable support instead of depending on temporary price movements or momentum changes. Meanwhile, failure around $1.70 would indicate that sellers still control a barrier within XRP’s broader bullish recovery structure.


XRP’s reaction around $1.34 will determine whether the decline becomes a temporary reset or develops into a deeper market correction. Strong demand could support another recovery toward $1.46, while weaker buying activity could expose the $1.29 to $1.30 support range.


Also Read: Mirae Asset Targets $109 Billion Digital Asset Empire With Digital X


The post XRP Surge to $2.6 in Sight? Analyst Points Out “Critical” Level to Watch appeared first on 36Crypto.

1h ago
bullish:

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bearish:

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