Two Key Support Levels XRP Holders Should Pay Attention To
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- XRP traders monitor critical supports as price pressures intensify across markets.
- Experts highlight $2 and $1.20 levels shaping XRP’s next major move.
- Chart signals reveal weakening momentum while key support zones face renewed tests.
Market activity surrounding XRP grew more intense as traders monitored new signals pointing toward two crucial support areas. Price action near these points has drawn heightened attention because movement through either threshold could influence short-term sentiment across the asset.
According to analysis shared by expert Ali Martinez on X, the $2 level stands as the most important support that XRP holders should watch closely. His chart places XRP at $2.0134 after an 8.6% decline, with the asset sitting directly on this major floor. Continued retests around this spot suggest uncertainty among buyers and highlight the growing importance of defending it.
Moreover, the chart shows a sustained decline from highs above $3.40 as lower highs continued to form across several months. Volatility increased during these moves, and sellers gained more momentum. Consequently, the current pattern reinforces the significance of holding the $2 region to prevent further weakness.
Also Read: 1,000,000,000 XRP Shake Markets as Ripple’s Massive Unlock Targets $2.33 Zone
Market Focus Turns to the Two Major Levels
Besides the $2 mark, Ali identified $1.20 as the next essential support if the first level fails to hold. His projection aligns with historical reactions on the chart, where price briefly recovered before returning to the same key areas. Hence, both levels now serve as the clearest indicators for assessing market strength or potential downside continuation.
Significantly, reactions around the $2 zone have weakened as buyers struggle to regain the upper ground. Movement above $2.40 has remained limited across recent months, which signals reduced momentum among bullish traders. Additionally, the gradual descent from mid-year peaks has created a cautious environment as liquidity shifts toward safer positions.
Consequently, holders continue to observe how XRP behaves near the identified supports. Any sustained break below $2 may increase selling pressure because $1.20 represents the next major buffer against deeper losses. Traders consider these two points essential for understanding the direction of the market as volatility persists.
XRP continues to trade near critical territory as the spotlight centers on two major support zones. Holding above $2 would help stabilize sentiment, while any drop toward $1.20 may confirm broader market weakness.
Also Read: Pundit Explains What Global Debt Crisis Could Mean for Ripple and XRP
The post Two Key Support Levels XRP Holders Should Pay Attention To appeared first on 36Crypto.
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