Analyst Tells XRP Holders: “We Are at a Critical Level” – Here’s What Could Happen Next

• XRP followed the bullish script but stalled at $2.40–$2.50, with rejection there signaling a strong seller presence.
• $1.96 is the key short-term support—holding it keeps upside targets around $2.8–$2.9 in play.
• Macro structure hinges on $1.43, which must hold to preserve the broader bullish trend if current support fails.

XRP is once again at a pivotal technical junction, according to crypto analyst Hov, who says recent price action has played out almost exactly as previously forecast but now faces a decisive test for bulls. In a recent post on X, the analyst outlined key price levels that could determine whether XRP resumes its upward trajectory or slips into deeper consolidation.

XRP Price Followed the Script — Until Resistance Hit

Hov noted that XRP’s recent move unfolded largely as anticipated. After securing a decisive close above the $2.22 level, the token pushed higher toward the $2.40 area before encountering strong selling pressure. While the move confirmed the bullish structure in the short term, the rejection near the $2.40–$2.50 zone introduced fresh uncertainty.

“We would have rather seen it break through that 2.4/2.5 level than the rejection we got,” Hov said. The failure to clear that resistance suggests sellers remain active at higher levels.

$1.96 Emerges as a Critical Support Level

Despite the pullback, Hov stressed that XRP is now trading at a crucial support zone. According to his analysis, the $1.96 level represents the immediate line bulls must defend.

Also Read: ETF Clients Scoop $12,980,000 XRP in One Day – Here’s How Much They Have Bought So Far

As long as price holds above this area, the broader short-term structure remains constructive. “As long as this 1.96 level holds, I think we’re likely to see price action move into that 2.8–2.9 area for the 3/C,” the analyst explained. A strong reaction from this zone could open the door for another upward leg.

Chart Analysis Highlights a Make-or-Break Zone

His accompanying analysis shows XRP resting on a dense technical area where previous consolidation, breakout structure, and volume concentration converge. This region has historically acted as both support and resistance, increasing its importance in the current setup.

The wave structure on the chart suggests XRP may be attempting to complete a corrective phase, potentially setting the stage for a continuation move if buyers step in decisively. However, a lack of follow-through could quickly weaken that thesis.

While the immediate setup offers potential upside, Hov cautioned that higher timeframes are less forgiving. The weekly chart, he said, is beginning to look fragile, increasing the urgency for bulls to defend current levels.

“It’s gotta make moves off this low asap though, the weekly is looking rough,” he noted. Extended sideways action or another leg lower could erode bullish confidence.

What Next? $1.43 Remains Key for the Macro Bullish Outlook

Looking further out, Hov identified $1.43 as a major structural support level. Holding above this zone keeps XRP’s broader bullish trend intact despite near-term volatility. A breakdown below that level would significantly weaken the macro outlook and suggest a deeper corrective phase is underway.

XRP’s next move is likely to be defined by its reaction around the current support area. A firm hold and quick rebound could put higher targets back in play, while failure to do so may lead to extended consolidation or a test of lower support. For now, traders and investors are watching closely as XRP hovers at what the analyst describes as a truly critical level.

Also Read: Egrag Crypto: XRP Structure Is Still Screaming Bullish – What This Means

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