XRP Must Hold Key Support at $2.50 to Sustain Bullish Momentum

Crypto analyst EGRAG CRYPTO has reiterated the importance of the $2.50 level for XRP, following a confirmed breakout that met his earlier $2.65 price prediction. 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. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/xrp-must-hold-key-support-at-2-50-to-sustain-bullish-momentum/