What is the Latest View on XRP #XRPSpotETFs ? Here are the Critical Levels that Must Be Maintained and Overcome!

Cryptocurrency analysis company MakroVision analysts shared their latest assessment regarding the XRP price.
The cryptocurrency analysis company MakroVision reported in its latest chart assessment prepared for XRP that the asset's technical outlook continues to exhibit a weak trend.

Analysts argue that despite the recent recovery in price, it has not been able to remain consistently above critical levels and that selling pressure continues.
According to the statement from MakroVision, the inability of XRP to permanently rise above the $2.48 level is among the key factors that increase short-term weakness in the market. Despite the recent attempts to rise, the price was rejected again from this resistance.

The company stated that XRP has tested the 2.16 dollar region several times at the 0.382 Fibonacci retracement level, but there has been no strong buying reaction from this area. Analysts indicate that if this support is broken, the price could quickly pull back to the 2.02 – 1.88 dollar range. This area is seen as critical as it includes both horizontal support and important Fibonacci levels.
In the evaluation, it was stated that XRP needs to break above the 2.48 dollar level in order to regain strength. If this level is exceeded, it was expressed that the price could find room up to the 2.65 dollar region, where high liquidity is present.

MakroVision shared the following result regarding the current technical chart.
XRP continues to remain weak technically. As long as the 248 dollar level is not reclaimed, the risk of a new correction towards the 2.00 – 1.87 dollar range weighs heavier. A downward break of these support areas could significantly weaken the medium-term trend.
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