Close Menu
Cryprovideos
    What's Hot

    Ethereum ETFs Have Seen 15 Straight Days of Inexperienced—Right here's Why – Decrypt

    June 9, 2025

    Cointelegraph Bitcoin & Ethereum Blockchain Information

    June 9, 2025

    Earn Passive Revenue: HJB Miner Named the Most Worthwhile Cloud Mining App in 2025

    June 9, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»XRP Worth Rejected At Resistance: Why $2.69 Holds The Key
    XRP Worth Rejected At Resistance: Why .69 Holds The Key
    Altcoins

    XRP Worth Rejected At Resistance: Why $2.69 Holds The Key

    By Crypto EditorMay 14, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Cause to belief

    XRP Worth Rejected At Resistance: Why $2.69 Holds The Key

    Strict editorial coverage that focuses on accuracy, relevance, and impartiality

    Created by trade specialists and meticulously reviewed

    The very best requirements in reporting and publishing

    Strict editorial coverage that focuses on accuracy, relevance, and impartiality

    Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

    Este artículo también está disponible en español.

    XRP is dealing with a powerful resistance degree on its path to the $3 value degree and above, with the previous 24 hours witnessing some kind of rejection at this resistance degree. XRP value motion has step by step constructed momentum in Could, resulting in a pointy transfer towards the higher $2.60 vary. On Could 12, XRP briefly touched $2.63 earlier than retreating barely, now buying and selling round $2.57.

    Straight forward is the key resistance at $2.69, and technical evaluation exhibits that this zone now holds the important thing as to whether XRP can proceed its march towards $3.00 or bear a pullback for consolidation. 

    $2.69 Resistance Is Technical For XRP Worth

    Crypto analyst CasiTrades has highlighted the $2.69 value level as an essential resistance degree for the XRP value transferring ahead. In response to the analyst’s chart, which accompanied a submit on social media platform X, this degree represents the 0.236 Fibonacci retracement from XRP’s all-time excessive and is a key degree to observe for correction. 

    Associated Studying

    Notably, this zone has led to a number of retracements since December 2024, with every try seeing sellers shortly step in to defend it. It even proved tough to interrupt when XRP broke to succeed in $3.3 in January, and an order block was created on the day by day candlestick timeframe simply earlier than the following rally above it.

    XRP
    Supply: CasiTrades on X

    As famous by the crypto analyst, momentum indicators have remained comparatively muted throughout XRP’s current rally. The crypto has additionally accomplished what seems to be a full 5-wave Elliott rely from the analyst. Nonetheless, as an alternative of a retracement, the worth has pressed ahead slowly alongside the remainder of the crypto market. This sluggish, managed push larger usually alerts sturdy underlying demand, sturdy pattern, and heavy accumulation.

    Because it stands, the one factor left to do is to see how the XRP value performs on the $2.69 resistance.

    Breakout Or Rejection: Two Reverse Outcomes With Excessive Impression

    The analyst warns that the $2.69 degree may very well be a last barrier earlier than XRP is cleared for a run towards $3.00 and past. A confirmed breakout, ideally with a powerful day by day candle shut above this degree, would invalidate short-term bearish pressures and trigger a run above this degree.

    Associated Studying

    Nonetheless, if $2.69 as soon as once more proves too sturdy for bulls to beat, the altcoin might enter a brief cooling-off part. On this case, the subsequent logical assist degree is round $2.30, which is near the 0.382 Fibonacci retracement degree. That is one other breakout/rebound zone that would supply a wholesome reset for the XRP value. 

    In both state of affairs, the worth habits at $2.69 is anticipated to set the tone for the remainder of Could and decide whether or not XRP can lengthen its 2025 bullish pattern. On the time of writing, XRP is buying and selling at $2.57, up 4% up to now 24 hours.

    XRP
    XRP buying and selling at $2.59 on the 1D chart | Supply: XRPUSDT on Tradingview.com

    Featured picture from Getty Photographs, chart from Tradingview.com



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Ethereum ETFs Have Seen 15 Straight Days of Inexperienced—Right here's Why – Decrypt

    June 9, 2025

    Cointelegraph Bitcoin & Ethereum Blockchain Information

    June 9, 2025

    Tether CEO Calls $515B Valuation ‘A Bit Bearish’ – Bitbo

    June 9, 2025

    XRP Worth Stays Bullish Above $2, This Falling Channel Says $3.8 Is Coming

    June 9, 2025
    Latest Posts

    Cointelegraph Bitcoin & Ethereum Blockchain Information

    June 9, 2025

    Earn Over $6,999 Via These High 6 Trusted Bitcoin Cloud Mining Apps For 2025

    June 9, 2025

    Bitcoin Rockets 53,247% in Irregular Liquidation Imbalance

    June 9, 2025

    BitMEX Launches June Jumpstart Buying and selling Competitors with a 3 BTC Prize Pool – The Every day Hodl

    June 9, 2025

    Newly launched GOP Invoice seeks to put in writing Trump’s strategic Bitcoin reserve into legislation

    June 9, 2025

    The Blockchain Group Accelerates Bitcoin Treasury Technique With €300M Increase

    June 9, 2025

    There’s nonetheless an excessive amount of enthusiasm in regards to the value of Bitcoin

    June 9, 2025

    Ignore The Trump–Musk Noise: Bitcoin’s Spine Stays Stable

    June 9, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Crypto Veteran Arthur Cheong Bullish on DEX Constructed on Coinbase-Backed Base Chain – The Each day Hodl

    November 20, 2024

    Ex-Binance Boss CZ Urges Different Nations to Catch Up with US

    January 24, 2025

    Prime Analyst on Crypto ETF Filings: ‘The Floodgates Have Opened’

    January 27, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.