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XRP Stuck Between Key Levels as Market Awaits Breakout or Breakdown
April 14, 2025 19:00 1 min. readWe may earn commissions from affiliate links or include sponsored content, clearly labeled as such. These partnerships do not influence our editorial independence or the accuracy of our reporting. By continuing to use the site you agree to our terms and conditions and privacy policy.
XRP is currently navigating a pivotal moment, according to a new report from crypto analytics firm MakroVision. While the broader downward trajectory hasn’t reversed, the asset appears to be entering a phase of consolidation.
Analysts at MakroVision highlight that XRP is struggling to decisively move beyond a key resistance zone between $2.19 and $2.30.
This price band, which also aligns with the 0.382 Fibonacci retracement level, is proving difficult to surpass. A breakout above this barrier could set the stage for a push toward the $2.50 mark.
On the downside, immediate support lies between $1.90 and $2.00. If XRP fails to hold this level, the price could slip back toward its recent lows, further strengthening the ongoing bearish trend.
At this point, MakroVision considers XRP to be in a technical decision zone. Whether it breaks out to the upside or slides further downward will likely define its short-term trajectory.
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