Amid the latest XRP crash, a market analyst beforehand recognized a stage that the altcoin should reclaim to recuperate from the droop.
For context, the broader crypto market endured a turbulent week as Bitcoin plummeted beneath $80,000 for the primary time in 2025, dragging altcoins down with it. Whereas many altcoins suffered steep declines, XRP showcased notable resilience, holding agency above the crucial $2 psychological assist stage.
Now, as promoting stress wanes, XRP seems to be recovering a few of its final worth, up 8% surge previously 24 hours. Regardless of this, a full-blown restoration has nonetheless not but materialized. Apparently although, Dom (@traderview2), a notable market analyst, had beforehand recognized the extent XRP must reclaim for this to happen.
XRP Must Reclaim $2.2
In an analysis throughout the warmth of the downtrend yesterday, Dom emphasised XRP’s power within the face of Bitcoin’s 29% drop from its latest peak. He credited aggressive shopping for on Binance’s spot marketplace for protecting XRP above $2, a stage that has served as a sturdy ground for the previous three months.
The analyst known as consideration to the election VWAP (volume-weighted common worth) as a significant assist, noting Bitcoin examined this stage over 10 occasions. In the meantime, for XRP, he harassed that the asset desperately must reclaim and maintain above $2.20 as assist. In accordance with him, this might propel it towards the mid-$2.40s.
Nonetheless, Dom famous {that a} failure to maintain $2 would possibly set off retests of decrease ranges, and if Bitcoin dips towards the $75,000 mark, this might additional deepen the decline. The analyst pointed to the present each day chart as encouraging however admitted that it wasn’t conclusive.
In a separate disclosure, Dom harassed urgency, arguing that XRP should recapture $2.20 quickly to reverse its short-term downtrend. The persistent bids at $2, he says, have acted as a lifeline, stopping a extra extreme breakdown. For Dom, this stage marks the borderline between a sustained rally and additional consolidation.
Essential Assist Ranges
In the meantime, talking on the downtrend, analyst Ali Martinez recognized $1.65 as a possible assist zone if promoting stress intensifies.
His chart exhibits that XRP stays inside an ascending channel that started forming late final yr, even after the latest market rout. Ought to $1.65 fail, XRP might slip beneath this sample, presumably resulting in deeper declines.
$XRP might discover assist at $1.65! pic.twitter.com/2PWZd2JjDb
— Ali (@ali_charts) February 28, 2025
Additional, analyst Darkish Defender examined XRP on a month-to-month timeframe, suggesting the worst could also be over. He asserts that XRP not too long ago hit the bottom Fibonacci stage of a corrective fourth wave, indicating the downturn has doubtless concluded.
Darkish Defender anticipates the beginning of a fifth wave, projecting targets between $5 and $8, offered XRP maintains assist above $1.88 and $1.91. The Crypto Fundamental beforehand known as consideration to this evaluation. At the moment, XRP trades for $2.18, up 8.06% within the final 24 hours, and 0.91% away from reclaiming the pivotal $2.2 stage.
DisClamier: This content material is informational and shouldn’t be thought of monetary recommendation. The views expressed on this article could embrace the writer’s private opinions and don’t replicate The Crypto Fundamental opinion. Readers are inspired to do thorough analysis earlier than making any funding choices. The Crypto Fundamental just isn’t accountable for any monetary losses.