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BitcoinSistemi 2025-08-01 21:13:08

Is the Rally in XRP Over or Just Getting Started? Pay Close Attention to These Levels

Is the Rally in XRP Over or Just Getting Started? Pay Close Attention to These Levels

Cryptocurrency analysis firm MakroVision has shared a striking assessment of XRP's recent price movements. The report noted that XRP reached a new all-time high of $3.65, followed by a 20% pullback. Analysts noted that this correction was still occurring on technically sound ground. According to MakroVision, XRP is facing significant resistance at $3.06. The pullback is in line with Fibonacci retracement levels, with the area between $2.99 (0.382) and $2.79 (0.5) currently serving as key short-term support. Related News: Nasdaq-listed Company Announces Major Bitcoin and Solana Purchase The report warned that a break below the $2.65 level could significantly weaken XRP's bullish momentum. This level, identified as the “orange zone,” was specifically for investors to watch closely. XRP technical analysis chart shared by MakroVision. *This is not investment advice. Continue Reading: Is the Rally in XRP Over or Just Getting Started? Pay Close Attention to These Levels

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