XRP Breaks Long-Term Downtrend: Key Level to Further Gains Revealed
MakroVision, a leading market analysis firm, has identified a strong shift in XRP's technical outlook.
According to the firm, XRP has decisively broken its prolonged downtrend and surpassed several key resistance levels, reigniting positive sentiment in the market.
Analysts highlight that the recent breakout was confirmed by a successful backtest, reinforcing the stability of the reversal. Notably, the break above the previous lower high is being seen as the first serious bullish signal after months of suppressed momentum.
Critical Levels to Watch: $2.48 Resistance and $2.03 Support
MakroVision emphasizes that the $2.48 mark is the most critical resistance level in the current structure. This zone aligns with the 50% Fibonacci retracement level and a previous lower high. A breakout above this level could open the door to the next target at $2.65, coinciding with the so-called “Golden Pocket” area identified in broader market structure.
On the downside, the $2.23 level—formerly a resistance—has turned into support. Analysts caution that if a pullback occurs, XRP must hold above $2.03 to maintain the integrity of the bullish structure.
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MakroVision’s Final Take
“XRP is showing clear signs of a trend reversal. However, the $2.48 level must be breached for the upside to continue. This area is key for the market to regain strong upward momentum,” the firm stated.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
