The post XRP at a Critical Crossroads: Analysts Reveal the Level That Must Be Protected to Prevent the Decline from Deepening appeared on BitcoinEthereumNews.com. Cryptocurrency analysis firm MakroVision stated in its latest chart update that XRP is still in a correction process and is retesting a critical support zone. According to analysts at MakroVision, XRP is currently testing the support cluster at the 0.382 Fibonacci level and $2.21 region. The analyst firm warned that if support breaks, the price could begin a deeper downward move towards the $1.96 level, which is being described as a “decision point.” If support holds, the company stated that the possibility of a trend reversal from this level will strengthen. According to the analyst firm, the resistance range of $2.48-$2.65 currently stands out as the area of highest liquidity. A clear break above this range could pave the way for a price reversal towards $3.06. According to MakroVision’s assessment, XRP is currently at a critical juncture. If the support area between $2.16 and $1.96 isn’t held, there’s a risk of a retest of the October lows. However, a strong defense of this area could pave the way for a short-term recovery. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/xrp-at-a-critical-crossroads-analysts-reveal-the-level-that-must-be-protected-to-prevent-the-decline-from-deepening/The post XRP at a Critical Crossroads: Analysts Reveal the Level That Must Be Protected to Prevent the Decline from Deepening appeared on BitcoinEthereumNews.com. Cryptocurrency analysis firm MakroVision stated in its latest chart update that XRP is still in a correction process and is retesting a critical support zone. According to analysts at MakroVision, XRP is currently testing the support cluster at the 0.382 Fibonacci level and $2.21 region. The analyst firm warned that if support breaks, the price could begin a deeper downward move towards the $1.96 level, which is being described as a “decision point.” If support holds, the company stated that the possibility of a trend reversal from this level will strengthen. According to the analyst firm, the resistance range of $2.48-$2.65 currently stands out as the area of highest liquidity. A clear break above this range could pave the way for a price reversal towards $3.06. According to MakroVision’s assessment, XRP is currently at a critical juncture. If the support area between $2.16 and $1.96 isn’t held, there’s a risk of a retest of the October lows. However, a strong defense of this area could pave the way for a short-term recovery. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/xrp-at-a-critical-crossroads-analysts-reveal-the-level-that-must-be-protected-to-prevent-the-decline-from-deepening/