The showdown between long and short positions for XRP is about to begin! Analysts: Holding above $3.65 will trigger the price discovery mode | XRP Price Prediction

Renowned Crypto Assets analyst EGRAG CRYPTO has released the latest XRP Technical Analysis report, pointing out that $2.33 has become the last line of defense for long positions. Although the current market sentiment is bearish, if the price can hold above this key support, there is still hope for achieving a long-term target of over $20. This article provides a deep analysis of four key price levels of XRP and their decisive impact on the future market trend.

[Key support for building a multi-layer defense system] According to the linear logarithmic channel analysis released by EGRAG CRYPTO, XRP is currently building a four-level defense system:

1. Level 1 defense (bullish-bearish boundary): $2.90 - linear logarithmic channel midline, maintaining this position will sustain the bullish structure.
2. Secondary Defense (Bull-Bear Lifeline): $2.65 - A key support level that allows for wicks to pierce through but must close above.
3. Ultimate Defense (Last Line of Defense): $2.33 - Two-week Exponential Moving Average ( EMA ) position, losing this level means the bear market begins.
4. Bear Market Confirmation Levels: $1.90 and $1.62 - Breaking below these levels will confirm a full entry into the bear market cycle.

[WhiteArch technical pattern suggests long-term potential]

Analysts specifically pointed out that the "white arch" technical pattern formed in the chart coincides with the upper boundary of the linear logarithmic channel. This channel's upper boundary points to a target above 20 dollars, which means that if XRP can successfully break through the 3.65 dollar resistance, it will enter a price discovery mode, initiating a truly parabolic rise. EGRAG emphasized: "Once it closes above 3.65 dollars, the story will reach its final chapter," suggesting that the subsequent upward space will be completely opened.

[Interpretation of Key Signals for Long and Short Positions] The current market needs to focus on two key signals: Long positions signal: The daily closing price stabilizes above 2.90 USD, accompanied by an increase in trading volume. Bearish signal: The weekly close price fell below $2.33, especially with two consecutive weeks closing below this level. Investors are advised to adopt a diversified warehouse strategy, establishing long positions in batches within the defensive range of 2.33-2.65, and setting the stop loss below 2.30 dollars.

Institutional Views and Fundamental Support Despite facing challenges on the technical analysis front, the fundamentals of XRP remain solid:

• The expectation for a settlement between Ripple and the SEC lawsuit continues to heat up.
• The cross-border payment partner network has expanded to over 40 financial institutions.
• Central Bank Digital Currency ( CBDC ) cooperation projects continue to increase These fundamental factors provide long-term value support for XRP, and even though there may be technical adjustments in the short term, the long-term outlook is still positive according to multiple institutions.

Conclusion XRP is at a historic crossroads: the range of $2.33-$3.65 will become a key battleground for determining its mid-term fate. For long-term investors, the current price level may offer a rare strategic accumulation opportunity, but it is essential to strictly control risk and ensure that the position size matches risk tolerance. It is recommended to closely monitor the relationship between weekly closing prices and the $2.33 support level, as the gains or losses at this position will directly determine the main trend direction for the next three months.

(This technical analysis is based on the original chart model by EGRAG CRYPTO. Investment decisions should consider personal risk preferences and the overall market environment.)