XRP Finds Its Floor at $2.42, Needs $2.74 to $2.83 to Aim for $3.30

• XRP holds $2.42 support and ranges to $2.59 after a liquidation-led drop.
• Reclaiming $2.74 to $2.83 on higher time frames puts $3.30 back in play.
• Analyst frames the selloff as leverage unwinds, not broad spot distribution.

Top crypto analyst has identified the critical levels on XRP’s price structure after last Friday’s flash crash, which led to the $20 billion in liquidations. 

In his latest post on X, the analyst highlighted the revised support and resistance levels for XRP, projecting the potential outcomes depending on the cryptocurrency’s behavior around the identified regions.

Update: $XRP, 1D

After Friday’s sell-off, the price followed the previously expected scenario, going for liquidity below.

Currently, $2.42 acts as support (POC AVP & 0.618 fib) – the nearest resistance is $2.59.

It’s important to reclaim $2.74–$2.83 as support on HTF –…

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