XRP Must Hold This Level To Avoid Transition To Macro Bear Structure

The XRP price was caught in the latest crypto market-wide selloff, falling to an intraday low of $1.57 within the past 24 hours. The sudden drop brings into focus XRP’s higher-timeframe structure, which is teasing a break below the 33-month exponential moving average.  According to a technical assessment shared on X by crypto analyst Egrag Crypto, the recent drop below the 33-month exponential moving average does not automatically signal the end of XRP’s cycle, but XRP must close above an exact level to avoid a macro bearish confirmation. Related Reading: Ethereum Boost: Vitalik Buterin Sets Aside $45M In ETH For Privacy And Open Tech The 33 EMA Breakdown Signal At the time of writing, XRP is back to trading around $1.65, stabilizing after a volatile few hours that f...