Amid the Recent XRP Crash

A market analyst has identified a crucial level for XRP to reclaim to recover from its recent slump.

Background Context

The broader crypto market experienced a turbulent week, with Bitcoin dropping below $80,000 for the first time in 2025, which affected altcoins broadly. Despite this, XRP showed resilience by staying above the critical $2 psychological support level.

As selling pressure eases, XRP is beginning to recover, boasting an 8% surge in the last 24 hours. However, a full recovery is yet to be seen. Market analyst Dom (@traderview2) highlighted that XRP needs to reclaim a specific level to facilitate its recovery.

XRP Needs to Reclaim $2.2

In an analysis during the recent downtrend, Dom underscored XRP’s strength amidst Bitcoin’s significant 29% drop. He attributed its ability to stay above $2 to aggressive buying on Binance’s spot market, seeing this level as a robust support for the last three months.

Dom pointed to the election VWAP (volume-weighted average price) as crucial support, noting Bitcoin had tested this over 10 times. He stressed that XRP must reclaim and hold above $2.20 for a solid recovery, which could potentially lead it toward mid-$2.40s.

However, Dom cautioned that failing to maintain above $2 might result in retests of lower levels. If Bitcoin approaches $75,000, it could further exacerbate the decline, although the current daily chart offers some hope, albeit inconclusively.

Dom emphasized the importance of XRP regaining $2.20 soon to reverse its short-term downtrend, stating that bids at $2 have been crucial in preventing a more severe breakdown. This level is essential for distinguishing between a sustained rally and further consolidation.

Support Levels

Analyst Ali Martinez pointed out $1.65 as a potential support zone if selling pressure escalates. His analysis reveals that XRP remains within an ascending channel that started late last year, even with the recent market downturn. If $1.65 fails, XRP may drop below this pattern, leading to more significant declines.

Additionally, analyst Dark Defender examined XRP on a monthly basis, suggesting that the worst may be over, as XRP hit the lowest Fibonacci level of a corrective fourth wave, indicating the downturn might be at an end. He forecasts a fifth wave emerging, potentially targeting $5 to $8, provided XRP maintains support above $1.88 and $1.91. Currently, XRP is trading at $2.18, reflecting an 8.06% increase in the last 24 hours, and is just 0.91% away from reclaiming the vital $2.2 level.