XRP is showing signs of renewed strength after recent comments from U.S. President Donald Trump boosted optimism among investors. According to EGRAG CRYPTO, a respected voice in the crypto analysis space, XRP remains steady within a key support zone, and the market is closely watching for a breakout.
At $2.39 currently, XRP is still firm in the Bull Market Support Band of $2.15 and $2.41. This range is perceived as a very important zone that sends signals of a shift in bullish vs bearish sentiment in the short term. Any strident movement outside of this zone might cause a major shift of the market trend.
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President Trump’s latest announcement has been interpreted by the XRP community as indirect support for Ripple and its native token. From then on XRP has held stability and momentum turned upward, but has yet to be able to break out above the resistance point.
Recently, the digital asset had been trading within the middle of the support zone, which indicates a battle of the buyers and sellers. Though some small changes have emerged, they haven’t been strong enough to determine a new trend. Analysts still follow the $2.41 level and a possible breakdown of this level triggers a strong bullish rally.
Trump’s Influence Adds Fuel to Growing XRP Breakout Expectations
EGRAG CRYPTO emphasized that XRP’s current price structure is crucial for what may come next. A confirmed move above the $2.41 resistance could open the door for XRP to approach the $3 mark. On the flip side, a sustained drop below $2.14 could push the token toward the next major support level at $1.90.
Source: EGRAG CRYPTO
The Trump effect has brought XRP back into the spotlight, creating momentum that could set the stage for an explosive breakout. For now, XRP continues to trade in a tight range, but the pressure is building.
According to EGRAG CRYPTO, no disruptive changes have occurred within this setup. However, should market momentum increase, especially with continued political influence, XRP may finally break through its current ceiling.
XRP holds a neutral position but remains on the edge of a potential breakout. Market watchers are closely monitoring both Trump’s influence and price action, as a move above $2.41 could be the signal the community has been waiting for.
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